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Award Winners

Project Finance and Infrastructure Providers 2012: Regional Winners

By Gordon Platt NORTH AMERICA FINANCIAL ADVISER: Mitsubishi UFJ Financial Group MUFG led the $585 million nonrecourse financing of the Wind Energy Transmission Texas project, and structured a $387 million construction loan for the Lone Star Transmission project, a 329-mile transmission ...

Banking

Treasury & Cash Management: The Winners’ Circle Awards Winners

A NEW WORLD By Kathryn Tully Global Finance evaluates the Best of the Best Treasury & Cash Management Providers in The Winners’ Circle, an ongoing series launched as part of our 25 th anniversary in 2012. Ever ...

Award Winners

WORLD’S SAFEST BANKS IN THE MIDDLE EAST 2012

GLOBAL FINANCE namesNational Bank of Abu Dhabiand National Bank of Kuwait theWorld’s Safest Banks 2012 in the Middle East NEW...

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WORLD’S BEST CORPORATE/INSTITUTIONAL INTERNET BANKS IN MIDDLE EAST/AFRICA 2012

Global Finance names the 2012 World’s Best Corporate/Institutional Internet Banks in Middle East/Africa NEW YORK, July 27, 2012 Global Finance...

Award Winners

WORLD’S BEST CONSUMER INTERNET BANKS IN MIDDLE EAST/AFRICA 2012

Global Finance names the 2012 World’s Best Consumer Internet Banks in Middle East/Africa NEW YORK, July 20, 2012 Global Finance...

Banking

Words Of Wisdom: Adel El-Labban, Ahli United Bank

DRIVE FOR DEMOCRACY By Gordon Platt Adel El-Labban, group CEO and managing director of Ahli United Bank, Bahrain, has had a major influence on Middle Eastern banking. Global Finance: The past 25 years in the Middle East have ...

Banking

Emerging Markets Roundup: Middle East

KUWAIT ORDERED TO PAY DOW CHEMICAL $2.16 BILLION By Gordon Platt Kuwait's state-run chemical company must pay the US's Dow Chemical $2.16 billion for wrongfully canceling a planned joint venture in December 2008, as the global economy was ...

Banking

GCC regional report: Crafting A New Future

OMAN: CRAFTING A NEW FUTURE By Gordon Platt Keenly aware that its vital oil resources are dwindling, Oman has embarked on a major economic diversification program. Oman's economy has grown steadily in recent years, helped by rising ...

Banking

GCC Regional Report: New Shopping List

NEW SHOPPING LIST By Justin Keay GCC sovereign wealth funds and banks are still selectively buying low-value assets in Europe, but higher-growth markets are increasingly on their radar. When the global financial crisis first hit back in ...

Banking

GCC Regional Report: Seeking More-Inclusive Growth

SEEKING MORE-INCLUSIVE GROWTH By Gordon Platt After strong economic growth in 2011, the six nations of the Gulf Cooperation Council are spreading the wealth by putting a priority on non-oil job creation and social welfare. Photo Credit ...

Banking

GCC Regional Report: The Power Of One

THE POWER OF ONE By Gordon Platt Thirty-one years have passed since the six Arab oil-producing countries of the Gulf formed an economic and strategic alliance, following the outbreak of the Iran-Iraq war. Known as the Gulf ...

Banking

Islamic Financing Facility To Be Tested By US Courts

MILESTONES: MIDDLE EAST / US By Anita Hawser The ability of US bankruptcy law to handle shariah-compliant structures is being tested after Bahraini firm Arcapita Bank’s decision in March to file for bankruptcy protection in the US. Business ...