Archive for: August, 2010

Mideast’s wealthy community grows 7% in 2009

Mideast’s wealthy community grows 7% in 2009

The number of High Net Worth Individuals (HNWIs) in the UAE dropped almost 20 percent last year. The growth levels in the Middle East were the lowest of all the regions surveyed in the report and Amir Sadr, head of Middle East Merrill Lynch Wealth Mana…

Jailing Gulf debtors ‚morally wrong‘ – economics academic

Jailing Gulf debtors ‚morally wrong‘ – economics academic

A leading economist says the practice of jailing debtors is morally wrong. In the rest of the world it is the banks’ responsibility to try to assess the credit worthiness of individuals. Prof Batchelor is trying to rebuild Dubai’s image. He thinks …

Saudi mortgage law sparks ‚differences of opinion‘

Saudi mortgage law sparks ‚differences of opinion‘

The Shoura Council has completed 12 sittings regarding the draft of the mortgage law and to solve the differences of opinion. However, a timescale for when the draft law would be approved has not been given. The implementation of the Saudi mortgage law…

Sukuk pickup seen in H2 – HSBC Amanah

Sukuk pickup seen in H2 – HSBC Amanah

Razi Fakih, HSBC Amanah deputy chief executive, says the company is optimistic and sukuk is unlikely to fade out. HSBC has already served as Islamic bond manager on 13 sukuk issues in the first half of the year according Reuters Data. Research firm Oli…

Saudi mortgage law delay ‚will hit lenders‘ – BMI

Saudi mortgage law delay ‚will hit lenders‘ – BMI

Saudi Arabia’s parliament delays the decision concerning the mortgage law until the members return from summer recess. Saudi Arabia, the Middle East’s biggest economy, needs 1.2 million new homes by 2015, says the Deutsche Bank research.

World Congress of Muslim Philanthropists Launches “Pakistan Reconstruction Fund” Marking the Second World Humanitarian Day

World Congress of Muslim Philanthropists Launches “Pakistan Reconstruction Fund” Marking the Second World Humanitarian Day

World Congress of Muslim Philanthropists Launches “Pakistan Reconstruction Fund” Marking the Second World Humanitarian Day
FOR IMMEDIATE RELEASE:
Oak Brook, Illinois, August 19, 2010: The World Congress of Muslim Philanthropists (WCMP) marks toda…

Ybrant kauft Lycos für 36 Mio. USD

Ybrant Digital, er End-to-End-Provider für digitale Marketinglösungen, gab heute bekannt, dass der Vertrag zum Kauf von Aktien zum Erwerb von Lycos Inc. der führenden Internet-Suchmaschine, von Daum unterschrieben wurde. Ybrant besitzt u. a. die bekannten Marken Oridian, AdDynamix, dream ad, Max Interactive und VoloMP. Lycos verzeichnet konstant durchschnittlich 12-15 Mio. Einzelbesucher in den USA und […]

Luxemburg – Immobilienpreise

Mieten und Kaufpreise für Immobilien in Luxemburg Preise für Studios ziehen an Von einem Preisrückgang ist kaum etwas zu spüren. Nur Mietwohnungen in der Hauptstadt wurden etwas günstiger. vb – Auf dem Immobilienmarkt gehen die Preissteigerungen bei Studios und Häusern zum Kauf ungebrochen weiter. Dagegen schwächte sich der Anstieg bei den anderen Segmenten im zweiten […]

Ihsanoglu reiterates his call for a prompt action to contain the catastrophic situation in Pakistan

Ihsanoglu reiterates his call for a prompt action to contain the catastrophic situation in Pakistan

Date: 07/08/2010 –
OIC Secretary General, Professor Ekmeleddin Ihsanoglu, called, on 07.08.2010, upon OIC member states, its affiliated relief organizations and the international community to take a prompt action in order to contain the catastrophic e…

Support for Pakistan

Support for Pakistan

Online Donations via http://www.doctorsworldwide.org/worldpay
PRESS RELEASE
For Immediate Release
August 9th 2010
Doctors Worldwide: British Medical Charity opens hospital in Nowshera District to provide medical treatment and aid for flood survivors.
D…

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