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United Arab Emirates M&A Banking News. Service for global professionals. Constantly updated news and information about United Arab Emirates.
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Latest United Arab Emirates M&A Banking News

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  • Dubai property and banking stocks fall as DFM gains on Nasdaq bid 22 Dec 2009 23:51 GMT
    ... DUBAI: Property and banking stocks led Dubai to ... Kuwait, Bahrain and Oman also posted gains. Bank of Kuwait and Middle East gained 2 ...

  • WRAPUP 4-Dubai set for Jan standstill pitch, meeting tepid 21 Dec 2009 17:51 GMT
    ... DUBAI, Dec 21 (Reuters) - Dubai World disappointed ... by the federal government of the oil-exporting United Arab Emirates, of which both Dubai and Abu Dhabi ... the $10 billion extended by Abu Dhabi. UAE Economy Minister Sultan bin Saeed al-Mansouri said ...

  • Dubai Holding up to scrutiny 20 Dec 2009 16:33 GMT
    ... Last Updated: December 20. 2009 7:52PM UAE / December 20. 2009 3:52PM GMT Visitors walk past the outside ... in London, a signature property owned by Dubai Holding. Debt difficulties at Dubai World have ... the head of credit research at National Bank of Abu Dhabi. The cost of insuring ...

  • HK shares set to fall; HSBC eyed on tougher banking rules 21 Dec 2009 02:10 GMT
    ... HONG KONG, Dec 18 (Reuters) - Hong Kong shares may fall for ... battered Chinese banking stocks including China Construction Bank (CCB) and Bank of China (BOC) could ... eventually need to make provisions on their Dubai exposure.' Debt-ridden conglomerate Dubai World is expected ...

  • Dubai bailout, Exxon deal push Wall St to 14-month high 15 Dec 2009 00:26 GMT
    ... NEW YORK (Reuters) - Stocks closed at 14-month highs on Monday ... Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover ... buttress the buoyant mood a week after Bank of America fully repaid its $45 billion ...

  • HK shares may rebound slightly; banks, property weak 21 Dec 2009 01:52 GMT
    ... HONG KONG, Dec 21 (Reuters) - Hong Kong shares are expected to ... eventually need to make provisions on their Dubai exposure." Debt-ridden conglomerate Dubai World [DBWLD.UL] is ... accelerated in recent months, a senior central bank researcher said in remarks published on Monday. ...

  • WRAPUP 1-Dubai World to meet creditors, offer no proposal 21 Dec 2009 10:30 GMT
    ... DUBAI, Dec 21 (Reuters) - Dubai World will ... be sufficient to call it a result." UAE Economy Minister Sultan bin Saeed al-Mansouri told reporters on ... financial leaders in London that repaying all bank loans in full "was discussed as a ...

  • Greenhill closes sale of merchant banking assets 23 Dec 2009 14:13 GMT
    ... Greenhill closes sale of merchant banking assets Wells Fargo stock ... or 2.2 percent, to close at $9.50. KeyBank awarded $50 mln in special tax credits ... in bailout funds into its struggling neighbor Dubai. The filing said the Abu Dhabi Investment ...

  • MIDEAST STOCKS-Dubai stocks fall, DFM gains on Nasdaq bid 22 Dec 2009 15:51 GMT
    ... DUBAI, Dec 22 (Reuters) - Property and banking ... Kuwait, Bahrain and Oman also posted gains. Bank of Kuwait and Middle East gained 2 ...

  • TSX rides energy and banks to higher close 15 Dec 2009 00:26 GMT
    ... TSX rides energy and banks to higher close TSX rides energy ... while an Abu Dhabi aid package for Dubai helped spark financials. Suncor Energy, which headlined ... around the world," said Picardo. Shares of Bank of Nova Scotia rallied 1.3 percent to ...

  • FTSE heads back towards 5,300 as banks, oils rally 21 Dec 2009 19:27 GMT
    ... UK blue-chips jumped almost 2% on Monday, albeit in thin ... the US, and minutes from both the Bank of England and the Bank of Japan ... hear of the outcome of meetings between Dubai World and its creditors, which include , ...

  • Markets relieved by Dubai deal 15 Dec 2009 00:36 GMT
    ... NERVES on the stock exchange were soothed yesterday by Abu Dhabi's $10 ... billion (£6bn) bail-out of debt-laden neighbouring emirate, Dubai. Oil-rich Abu Dhabi's rescue cash to help ... per cent gain, up 69p to 763.5p. Banks also rallied on relief over Dubai after ...

  • Property, bank stocks weigh on Dubai amid bourse deal 22 Dec 2009 22:15 GMT
    ... to a fourth consecutive lower close yesterday, as Dubai Financial Market made a takeover bid for its ... asset class offering and boost revenues. “This acquisition was purely based on economic merit, we ...

  • Stocks Rise on Dubai, XTO News 15 Dec 2009 16:36 GMT
    ... Dec. 14 [Bloomberg] -- U.S. stocks rose, sending benchmark indexes to ... months, as Abu Dhabi bailed out a Dubai World unit and Exxon Mobil Corp. (XOM) ... "substantial common stock" for cash compensation, the bank said in a statement today. "Dilution fear," ...

  • Expert shares insight on pillars of post-crisis global financial architecture at Dubai School of Government 21 Dec 2009 08:56 GMT
    ... Prof. Pakravan's remarks came during a lecture titled "Global Financial ... Dollar in the Post-Crisis World" at the Dubai School of Government (DSG), a research and ... in the global financial sector. His last banking position was Senior Foreign Exchange Strategist at ...


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