Suq Al Mal
The Financial Sector in the GCC
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Thursday, 22 April 2010
DIFC Court to Hear Case by Amwal AlKhaleej Against Abdullah Brothers
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The National reports that the DIFC Court has rejected a motion by counsel for the Abdullah Brothers to the DIFC Court to dismiss the case f...
2 comments:
Wednesday, 21 April 2010
Agility Wins Kuwaiti Court Case
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Agility announced on the KSE today that the Kuwaiti Cassation Court (the highest court in the land) had ruled in its favor in the case broug...
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Isn't Wiggum a character on The Simpsons?
Neat Ad
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Nothing whatever to do with the GCC or the financial markets, at all.
The Long Wait is Over - Finally
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From Ithmaar's press release on the BSE this morning. “The CBB’s formal approval allowed Ithmaar to immediately implement its highl...
Kuwaiti Banks to Sue Saad and AlGosaibi This May
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Following up on an earlier story , AlQabas reports that the lawyers for four local banks (named earlier as Kuwait Finance House. Commercial...
AlKhorafi Group Moves on Oula Fuel and Gulf Bank
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AlQabas reports that the AlKhorafi Group has increased its stake in two Kuwait companies. Oula Fuel ( KSE Symbol 645 ): A 40 unit gas and...
4 comments:
Kuwait Court Delays Action in Boubyan Bank Case Against AlAbraj Holding
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AlQabas reports that legal sources informed it that the Court decided on 20 April to postpone action in Boubyan's bankruptcy case again...
Idiocy Knows No Borders: The Great Microchip Danger
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At times of national danger, it's particularly comforting to know that there are those out there ever vigilant to manifest threats to ou...
Tuesday, 20 April 2010
Capitalism and Bad Investments
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An absolutely brilliant letter in the FT today from Mr. Peter Berchtold . Investors know there are two opposite sides to every transaction...
Damas Elects New Board
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As you've probably seen in press reports yesterday, Damas held an Extraordinary General Meeting of shareholders yesterday at which a ne...
Monday, 19 April 2010
Dubai World Restructuring – Why Interest Rates Matter
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You may have seen the news reports that DW and its creditors were haggling over the interest rate on the rescheduling. DW reportedly havi...
Global Investment House - Proposed KD100 Million Increase in Capital
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Today GIH announced on the KSE that it would hold its Annual General Meeting and Extraordinary General Meeting of Shareholders on 5 May 20...
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International Investment Group Appoints KPMG Advisory WLL Kuwait as Financial Advisor
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Today IIG Funding (the Issuer) and Deutsche Bank (the Delegate) issued separate announcements on Nasdaq Dubai related to the payment defau...
Saturday, 17 April 2010
Bin Sulaiman NOT Released on Bail
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17 April 2010 Update: The Attorney General of Dubai has issued a statement that Dr. Bin Sulaiman has not been released. Below is the ori...
Friday, 16 April 2010
Cityscape to Showcase Life-Size Model of Abu Dhabi Landscape in 2030
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And some cynics out there said that other Emirates hadn't learned the lesson of the Dubacle. About overbuilding, excessive use of lever...
2 comments:
Thursday, 15 April 2010
Kuwait Introduces Minimum Private Sector Wage
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The princely sum of KD60 per month. Initially one might think that this was just yet another of those problems arising from poor translat...
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A loss is always an unwelcome event. A loss to the Spurs most unwelcome. Red and White forever!
The Investment Dar - 2008 Results English Language Version
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Director ([in Japanese, to the interpreter): "The translation is very important, O.K.? The translation." Interpreter (in Ja...
The Investment Dar - 2008 Results KD80.3 Million Loss
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TID has issued a press release on its 2008 financials (Arabic only). The actual financial report or extracts from it (balance sheet, inco...
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