May 02, 2007

Bank Islaam Dunia?

Watch out World Bank! Here comes Eamar International Bank!

Lapuran media penubuhan Eamar International Bank d ceduk Arabian Business:

An Islamic rival to the World Bank moved a step closer to launch yesterday, according to Saleh Kamel, president of the Islamic Chamber of Commerce.

Speaking to Asharq Al-Awsat, Kamel said that financial commitments have been received from across the Islamic world that will see the bank born with paid up capital of $100 billion.

A decision has not yet been made on where the bank will be based - Saudi Arabia, UAE, Bahrain and Malaysia are all options - but it does have a name: Eamar International Bank.

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April 19, 2007

Gulf's Most Admired Companies!

Top50_main_thumb Arabian Business is at it again. First it was the richest Arab list. Then the most powerful list. Now its the Gulf's most admired companies - along Fortune's US most admired companies. Catch the list on the latest issue of Arabian Business magazine. Or jump straight here

Interestingly, UAE has 9 companies listed in the top 20, namely Emirates, Emaar, RAK Bank, Dubai World, Etihad, Etisalat, Aldar, Dubai International Capital and Air Arabia.

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