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<title>EIN News: United Arab Emirates Banking News</title>
<link>http://www.einnews.com/uae/newsfeed-uaebanking</link><description>Constantly updated news and information about world affairs.</description><item>
<title>Fitch affirms HSBC Bank Middle...</title>
<link>http://www.einnews.com/news.php?wid=191851933</link>
<pubDate>7 Oct 2008 09:05 GMT</pubDate>
<description>
...  the rising cost of funds, with many banks offering increasingly competitive rates to attract customer  ...  The bank has eight branches in the UAE, as well as branches in Bahrain, Jordan,  ...  three principal business groups: commercial banking, global banking and markets, and personal financial services. ...
</description>
</item><item>
<title>Optimiza sales surpass JD25m</title>
<link>http://www.einnews.com/news.php?wid=191851001</link>
<pubDate>7 Oct 2008 08:31 GMT</pubDate>
<description>
...  Bank (Jordan) and Riyadh Bank in the banking sector; Ministry of Justice and Social Security  ...  Qatar, Kuwait, Jordan, and the United Arab Emirates. The Saudi Arabian market has contributed to  ...
</description>
</item><item>
<title>European Tour breaks 100m barrier</title>
<link>http://www.einnews.com/news.php?wid=191849668</link>
<pubDate>7 Oct 2008 08:04 GMT</pubDate>
<description>
...  to be involved in too many rocky banks.&quot; That so many US Tour players have  ...  15-18: Abu Dhabi Golf Ch&amp;rsquo;ship (United Arab Emirates). Feb 25-March 1 : WGC-Accenture Matchplay Ch&amp;rsquo;ship  ...
</description>
</item><item>
<title>Nokia Facing Problems With Telstra Over New Music Service</title>
<link>http://www.einnews.com/news.php?wid=191845423</link>
<pubDate>7 Oct 2008 07:17 GMT</pubDate>
<description>
...  Smartphone which the Finland based Company is banking on to take on the Apple iPhone.  ...  sale in India, Indonesia, the United Arab Emirates, Hong Kong, Taiwan, Russia and Spain by  ...
</description>
</item><item>
<title>Arab Stock Markets Plunge Amid World Financial Turmoil</title>
<link>http://www.einnews.com/news.php?wid=191842412</link>
<pubDate>7 Oct 2008 06:38 GMT</pubDate>
<description>
...  seen tremendous growth in the United Arab Emirates in recent years. Few Arab stock markets  ...  program to buy &quot;toxic assets&quot; from troubled banks fails to stop a global slide into  ...
</description>
</item><item>
<title>Some indexes see steepest losses in 20 years</title>
<link>http://www.einnews.com/news.php?wid=191839256</link>
<pubDate>7 Oct 2008 06:17 GMT</pubDate>
<description>
...  some of the biggest names in European banking. But those efforts failed to stem the  ...  financial crisis, they are finding their own banks affected by and implicated in it. But  ...  Real estate shares in Dubai, United Arab Emirates, at special risk because the kingdom&apos;s growth  ...
</description>
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<title>Stock markets around globe plunge as bank woes deepen</title>
<link>http://www.einnews.com/news.php?wid=191828543</link>
<pubDate>7 Oct 2008 04:59 GMT</pubDate>
<description>
...  some of the biggest names in European banking. But those efforts failed to stem the  ...  financial crisis, they are finding their own banks affected by and implicated in it. But  ...  Real estate shares in Dubai, United Arab Emirates, at special risk because the kingdom&apos;s growth  ...
</description>
</item><item>
<title>ANALYSIS Time to participate?</title>
<link>http://www.einnews.com/news.php?wid=191825786</link>
<pubDate>7 Oct 2008 04:53 GMT</pubDate>
<description>
... In Turkey, Shariah-compliant banking practices, such as those in the Gulf  ...  than conventional banking,&quot; he told OBG. Participation banks have performed well in Turkey in spite  ...  are rising steadily. Bilateral trade with the UAE grew from $700 million in 2002 to  ...
</description>
</item><item>
<title>Financial crisis pummels stocks</title>
<link>http://www.einnews.com/news.php?wid=191823423</link>
<pubDate>7 Oct 2008 04:45 GMT</pubDate>
<description>
...  deepening gloom at the scope of the banking crisis. Nothing seemed to stop stock markets  ...  frozen the world over and Gulf central banks actively intervening to ease tensions in the  ...  since April 2005, as investors fled the emirate&apos;s stricken property sector. Shares in Emaar Properties  ...
</description>
</item><item>
<title>Dubai shrugs off turmoil with mega projects</title>
<link>http://www.einnews.com/news.php?wid=191817343</link>
<pubDate>7 Oct 2008 04:24 GMT</pubDate>
<description>
...  will build a new city in the emirate at a projected cost of $95bn. dubai  ...  linking it to the oil-rich emirate and UAE capital of Abu Dhabi, 150 kilometres to  ...  the local real estate market overheating. Dubai mortgage lender Tamweel said it would launch up  ...
</description>
</item><item>
<title>Dubai now, pay later</title>
<link>http://www.einnews.com/news.php?wid=191816721</link>
<pubDate>7 Oct 2008 04:22 GMT</pubDate>
<description>
...  coming off Dubai? Momentum in the spendthrift emirate certainly looks to be grinding to a  ...  the lending facility set up by the UAE central bank is being privately interpreted. It&apos;s  ...  the UAE states have official credit-ratings, global banks have until now freely granted credit to  ...
</description>
</item><item>
<title>&apos;It&apos;s a panic:&apos; Saudi stock market tumbles into two-day rout across Gulf</title>
<link>http://www.einnews.com/news.php?wid=191815813</link>
<pubDate>7 Oct 2008 04:16 GMT</pubDate>
<description>
...  profits reported by a number of leading banks. The two factors combined to pull the  ...  be an indication for other firms.&quot; Al-Rajhi Banking Corp., the largest bank on the Saudi  ...  The second bourse in the United Arab Emirates, the Abu Dhabi Securities Exchange, closed down  ...
</description>
</item><item>
<title>Buck on a wire</title>
<link>http://www.einnews.com/news.php?wid=191813430</link>
<pubDate>7 Oct 2008 04:02 GMT</pubDate>
<description>
...  headquarters of the Hong Kong and Shanghai Banking Corp. Ltd. shelters dozens of women from  ...  rest here given the central role of banks like HSBC and financial services providers like  ...  for 25 years in the United Arab Emirates, Qatar, Japan, Hong Kong, Brunei, India, Singapore  ...
</description>
</item><item>
<title>Saudi Arabia leads losses in Gulf markets</title>
<link>http://www.einnews.com/news.php?wid=191813381</link>
<pubDate>7 Oct 2008 04:02 GMT</pubDate>
<description>
...  at Samba Financial Group. &quot;Everything is hit, banks, telecoms - everything is &apos;limit down&apos;,&quot; he  ...  since April 2005, as investors fled the emirate&apos;s stricken property sector. The Abu Dhabi benchmark  ...  don&apos;t want to be exposed to the UAE real estate market,&quot; said Mohammad Al Ami,  ...
</description>
</item><item>
<title>Saudi shares plunge almost 10% as bourses wilt under pressure</title>
<link>http://www.einnews.com/news.php?wid=191808806</link>
<pubDate>7 Oct 2008 03:34 GMT</pubDate>
<description>
...  since April 2005, as investors fled the emirates stricken property sector. Shares in Emaar Properties  ...  dont want to be exposed to the UAE real estate market, said Mohamed Alami, head  ...  down at 2,416 points, led lower by banking stocks. Gulf Finance House and Ithmaar Bank  ...
</description>
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