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Investment banks breathe again
Clear winners and losers are emerging as business begins to return for financial houses in the Middle East after a year of property crashes and financial upheaval
Dubai signals a rocky recovery
As the economy shows signs of a tentative return to a healthier condition, shares have rallied but remain volatile in one of the Middle East’s most turbulent markets
Moody’s downgrades Dubai companies
The credit rating agency has downgraded five Dubai government-related issuers, citing the tighter conditions under which financial support is likely to be extended
Malaysian PM warns Islamic financial sector
The fast-growing Islamic financial sector is attracting global attention as conventional financial institutions continue to reel from huge losses, Malaysia’s prime minister said
Dana seeks to fuel local development
The oil and gas company’s strategy for its projects throughout the Middle East and North Africa region extends beyond merely making profits to wider economic concerns
Qatar fund aims to diversify through Asia
The head of Qatar Holding, the direct investment arm of the Qatar Investment Authority, says it will soon open an office in China as it seeks to boost its growing portfolio in the Far East
Tunisia profits from Europe’s crisis
A low-cost but skilled labour force is attracting western manufacturers reeling from the global economic recession to the small North African country
Gulf companies show signs of recovery
Investors in the Middle East remain cautious after the woes of the past year in spite of impressive third-quarter earnings results across the corporate sector
Wait goes on for Dubai’s £10bn bond
Bankers and executives wonder when the emirate will bite the bullet and ask the United Arab Emirates central bank for the second tranche of a $20bn bail-out
Saudis stuck in a jam over public transport
The kingdom’s congested cities and roads are crying out for alternatives to the car, but the cost of new travel infrastructure would be huge even for an oil-rich state
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