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Oman's Private Sector to Benefit from Government Spending

The Omani government's plans to continue its spending next year for infrastructure projects will immensely benefit the private sector, said market analysts Darwish bin Ismail Al Balushi, Minister...

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FTSE Launches Super Liquid Index Series

FTSE Group (FTSE) have announced the launch of the FTSE Super Liquid Index Series (SLQ), a broad family of real-time free float market capitalisation weighted indices designed to mimic the...

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QIB Gets Two Awards for Al Dhameen Programme

Qatar Islamic Bank (QIB) has announced that it received two awards for 'Al Dhameen' programme during the Global Entrepreneurship Week 2012 (GEW 2012), which took place at Doha's Crowne Plaza Hotel from...

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Dubai's Roller-Coaster Ride

In the latest of a string of new developments, Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, has approved the creation of five new theme parks at Jebel Ali in Dubai The AED...

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DFM, NASDAQ, Deutsche Bank Hold UAE Investor Roadshow

Dubai Financial Market (DFM) and NASDAQ Dubai in association with Deutsche Bank jointly held the UAE Investor Roadshow 2012 for regional institutional investors. The recently held event attracted high...

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Russian Investors Homing in on GCC

Russian investment houses, energy firms and infrastructure development companies that were traditionally active in European and other markets are now increasingly looking at alternative investment...

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Alfalak Launches Oracle Cloud for Middle East Businesses

Alfalak has launched Oracle Cloud to deliver complete application and platform services for Middle East businesses Alfalak Electronic Equipment & Supplies Co has further expanded its cloud...

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Banking Sector Must Detox, Says ICAEW

Rehabilitating the toxic reputation of the financial services sector requires radical changes in both culture and business practices, suggests a new report from ICAEW. While regulation is critical, the...

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UPDATE: GIB Plans Investor Meetings Ahead of Bond Issue

Barhain-based Gulf International Bank (GIB) has reportedly picked banks to arrange investor meetings ahead of a potential dollar-denominated bond issue. Earlier this month, Reuters reported that GIB...

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Shell CSG Tie-Up Eyes Stake in LNG Rival

Byline: Matt Chambers Nov 27, 2012 (The Australian - ABIX via COMTEX) -- Arrow Energy is believed to be considering joining the Australia Pacific LNG project. The coal-seam gas joint venture between...

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EU Carbon Call 'To Lift Prices'

Byline: Annabel Hepworth Nov 27, 2012 (The Australian - ABIX via COMTEX) -- Origin Energy has warned that Australian carbon offset costs may increase if changes are made to the European Union's...

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Grassroots Support 'Key' to Allaying Fear

Byline: Nicolas Perpitch Nov 27, 2012 (The Australian - ABIX via COMTEX) -- Frank Tudor of the Australia China Business Council says the key to lifting support for Chinese investment is a closer bond...

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Exodus from Life Sciences Funding Company Points to Crisis across Venture...

Byline: Rebecca Urban Nov 27, 2012 (The Australian - ABIX via COMTEX) -- There are fears that Australian life sciences groups may struggle to obtain funding from venture capitalists. A series of...

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Curious Haste over Fair Work

Byline: Matthew Stevens Nov 27, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Unsurprisingly, an Australian Labor Party-dominated Senate committee has recommended proposed changes to the...

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Standard & Poor's Rates IPIC's Proposed Bonds 'AA'

Standard & Poor's Ratings Services has assigned its 'AA' long-term debt rating to two proposed senior unsecured Eurobonds and one proposed US dollar bond to be issued by Abu Dhabi Government-owned...

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Charles Schwab and Piper Jaffray Expand Access to Munis

Byline: Tonya Chin Charles Schwab, a brokerage and banking company based in San Francisco, announced Monday that it has joined with Piper Jaffray, an investment bank and asset management firm, to...

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President Designates Elisse Walter to Replace Schapiro as SEC Chair

Byline: Jonathan Hemmerdinger WASHINGTON a President Obama on Monday designated Elisse Walter, a proponent of increased regulatory oversight of the municipal bond market, as the next Securities and...

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Arkansas Reports Steeper Teacher Pension Liabilities

Byline: Jim Watts Actuaries said last week the Arkansas Teacher Retirement System will need more than 100 years to pay its current unfunded liabilities of $4.4 billion, up from a 66-year projection in...

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Scientists Facing a $2M Shortfall on Bionic Eye Project

Byline: Bridie Smith Nov 27, 2012 (The Age - ABIX via COMTEX) -- Australian scientists developing a bionic eye need $A1.8 million to continue their research. Bionic Vision Australia, a consortium of...

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Show Facts 'Or Sack Bishop'

Byline: Sid Maher Nov 27, 2012 (The Australian - ABIX via COMTEX) -- The Australian Labor Party is expected to demand that the Opposition make deputy leader Julie Bishop accountable for her attacks on...

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