Alexander McNabb

Massive Credit Crunch To Hit UAE, Top Banker Predicts

Massive Credit Crunch To Hit UAE, Top Banker Predicts

ALEXANDER MCNABB: The comments are remarkable for their candour but really make perfect sense.

 Francis Matthew

Prosperity Has Changed Us – Governments Need to Adapt

Prosperity Has Changed Us – Governments Need to Adapt

FRANCIS MATTHEW: The real political drivers today are not heads of government or ideologies. Despite the politician’s speeches, what really drives change is society itself.

 Rob L. Wagner

Have the ‘Big Boys’ Given Up On Islamic Banking?

Have the ‘Big Boys’ Given Up On Islamic Banking?

ROB L. WAGNER: HSBC’s decision to downgrade significantly the resources it devotes to Islamic banking has thrown the issue into sharp focus.

 Rob L. Wagner

Saudi Consumer Debt A “Cause for Concern”

Saudi Consumer Debt A “Cause for Concern”

ROB L. WAGNER: There has been a staggering increase in consumer loan and credit card debt in the Kingdom.

 Common Ground News Service

Tunisia: Economic Woes Point To ‘Major Trouble’

Tunisia: Economic Woes Point To ‘Major Trouble’

AMINE GHALI, CGNEWS: With growth stagnant, foreign companies leaving in droves Tunisia’s new government faces huge issues

 James M. Dorsey

GCC: Winds of Change Kept At Bay – At What Price?

GCC: Winds of Change Kept At Bay – At What Price?

JAMES M. DORSEY: Their reluctance to be proactive rather than reactive has so far shielded the GCC from the revolt. The question is for how long, and what’s the price?

 David Westley

Audio: UBS, Rogue Trading and the Vickers Report

Audio: UBS, Rogue Trading and the Vickers Report

DAVID WESTLEY, BUSINESS BREAKFAST: Thursday’s announcement of a ‘loss’ of $2 bn (Dh7.35 billion) in “unauthorised trading” at UBS’ Delta One desk was spectacularly timed…

 Rob L. Wagner

Saudi: Scramble to Meet New Labor Deadlines

Saudi: Scramble to Meet New Labor Deadlines

ROB L. WAGNER: “We find ourselves sometimes forced to hire Saudis who aren’t qualified,” Jaad says, noting that some Saudis simply walk off the job without finishing their contract…

 Mishaal Al Gergawi

Omanis, Protests, and The Right to Pursue Success

Omanis, Protests, and The Right to Pursue Success

MISHAAL AL GERGAWI: In stark — but unsurprising — contrast to the uprisings around the region, Oman’s protest did not call for the fall of its regime or even its ruler.

 American Bedu

Talk but Any Progress on Horizon for Saudi Women?

Talk but Any Progress on Horizon for Saudi Women?

AMERICAN BEDU: A forum held recently in Jeddah addressed issues of real concern to Saudi women. But will anything concrete come from the ‘talk fest’?

 Alexander McNabb

‘Surprise’ Poll – Banks failing to win over customers

‘Surprise’ Poll – Banks failing to win over customers

Nobody I know who lives in the UAE is happy with their bank… Nobody has ever been able to recommend their bank to me.