Suq Al Mal
The Financial Sector in the GCC
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Sunday, 13 June 2010
IIF Report Criticizes Central Bank of Kuwait Re Investment Companies
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AlQabas has a summary of a recent Institute of International Finance ("IIF") Research Note on the Kuwait financial sector - June ...
1 comment:
Sukuk Investors Need Protection? Or Just to Read the Prospectus
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There's an interesting article in The National about the need for greater protections for investors in Sukuk. “What good is it in the e...
Friday, 11 June 2010
Central Bank of Kuwait - New Regulations on Investment Companies
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AlQabas published a summary of key elements in a recent Central Bank of Kuwait general circular to investment companies subject to its sup...
8 comments:
Gulf Finance House Sets the Record Straight and Answers Mis-Informed Naysayers
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Sadly, there's been a lot of negative press out there, which as GFH has taken the trouble to point out yet again is pretty much misgui...
6 comments:
Thursday, 10 June 2010
KFIC - Yet More Details on KD145 Million Rescheduling
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KFIC issued another press release today on the Kuwait Stock Exchange - text below Arabic only as usual. Key points: There will be an ordi...
Wednesday, 9 June 2010
Damas Engages Abdullah Brothers as Senior Advisors
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Here's an interesting bit of news from Business 24/7. "At a time when Damas is going through a period of transition and pursu...
7 comments:
KFIC - Details on KD 145 Million Debt Rescheduling
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KFIC issued a press release on the KSE early this morning (copy below, as usual Arabic only) with details of its rescheduling. Here's ...
6 comments:
The Investment Dar - TID's Shari'ah Board "Slaps Down" TID's Defense in BLOM Lawsuit
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TID has issued a press release that its Shari'ah Board met 22 May and reviewed the Wakala Contract between TID and Banque du Liban et ...
3 comments:
Fugitive Banker Gives His Side of Story re TIBC
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Frank Kane over at The National conducted an interview with Glen Stewart which was in the June 8 issue of The National. To set the stage,...
1 comment:
Tuesday, 8 June 2010
KFIC Announces Signing of KD145 Million Rescheduling
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Kuwait Finance and Investment Company, KSC ("KFIC") announced that it had signed a rescheduling agreement with all of its local ...
AlBashayer Investment Company - Focused on Women
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ABIC will target wealthy women in the Abu Dhabi .
Sunday, 6 June 2010
Gulf Bank Sues AlGosaibi and Saad Groups in Saudi Arabia
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According to Marwan AlBadr of AlQabas , Gulf Bank filed suits in Saudi against both AlGosaibi and Saad in two legal forums: The Negotiable...
2 comments:
Al Boom Holdings
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Here's an account from The National of the trial of the head of the Al Boom Holdings. An Emirati property magnate spent almost Dh960 ...
1 comment:
PRC Economic Penetration of the GCC
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This brochure tells the story. June 8-10 Dubai. 1,300 firms. 6 product categories. One stop shopping. And note this is part of a well...
Dubai Rentals - Bargain Time
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What's interesting about this article is the assertion of a new found willingness by landlords to negotiate rents. Apparently, tenants...
2 comments:
Dubai Holdings: Review of DHCOG 2009 Financials – The Business Model
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DHCOG's 2009 audited financials as well as the CEO's commentary are available at this link at NasdaqDubai. Earlier audited finan...
5 comments:
Tuesday, 1 June 2010
International Investment Group: KPMG Report Ready But 2009 Financials Not Approved
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IIG issued a press release on NasdaqDubai advising that while KPMG had completed its interim report, the Company could not release it yet ...
3 comments:
Dubai Debt Rescheduling Watch: DHCOG AED23.6 Billion Loss
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DHCOG's 2009 audited annual report is out. AED23.6 billion loss. Equity at AED14.6 billion versus AED37.1 billion. More commentary ...
Dubai Debt Rescheduling Watch: Dubai Holdings Commercial Operations Group Misses Doctor's Appointment
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Following up on Frank Kane's earlier article at The National, I was eagerly anticipating reading DHCOG's financials at Nasdaq Duba...
2 comments:
Monday, 31 May 2010
Dubai Debt Rescheduling Watch: Drydocks and Maritime World to Restructure US$1.7 Billion
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GulfNews reports that there's a new board at Drydocks and Maritime World and that the Company is in talks with its banks to restructur...
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