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DUBAI — The funding gap between total loans and deposits at UAE banks narrowed to Dh45.9 billion in July, down 3.0 per cent from the previous month, as bankers lost much of their appetite for lending during the recession
Rising demand for office spaces in Saudi Arabia is driving a build-out in new commercial projects, with strong growth in the supply of office spaces expected over the next two years, a property firm says
DUBAI — Dr. Afnan Al Shuaiby, Secretary-General and Chief Executive of the Arab-British Chamber of Commerce, is well-versed in the language of diplomacy. When it comes to facilitating investment between Middle Eastern countries and the UK, she is keen to highlight the positive and promote the flow of capital and expertise to the mutual benefit of all parties.
DUBAI — Mashreq Bank has announced the opening of 16 new branches throughout Abu Dhabi and Al Ain, as part of its expansion plans in the capital.
DUBAI — Gulf Finance House, or GFH, a leading Middle Eastern Islamic investment bank, has announced that it intends to establish a joint Islamic financial services platform in the Middle East with Macquarie Group Limited, or Macquarie, a global provider of banking, financial, advisory, investment and funds management services.
MUSCAT — Several leading companies from around the world have confirmed participation in the seventh Oil and Gas West Asia, or OGWA 2010, exhibition and conference here from April 11 to 13 next year, its organisers said.
ABU DHABI — Abu Dhabi Commercial Bank, or ADCB, has approved a Mudaraba Medium Term Facility amounting to Dh300 million for Dubai Silicon Oasis Authroity DSOA, which is developing a regional hub for 
high-tech industries.
ABU DHABI — Abu Dhabi Islamic Bank, or ADIB, a leading regional Islamic bank, has appointed Dhafer Faroq Luqman as Head of Strategy, Product Management and International Retail Banking. Dhafer, a GCC national, will be responsible for planning and directing all business development strategies, the introduction of new products and expansion into new markets to tap new geographies.
DUBAI — How hard a employee works is more important than his IQ in determining why he is likely to be promoted fastest within an organisation, a recent online poll said.