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  1. UAE Central Bank Targets Cheaper Interbank Lending

    ...both national and foreign banks and are subject to review at the beginning of 2011. In October last year, the Ministry of Finance had stipulated Tier one capital ratio of 11% by end June 2009 and 12% by end June 2010. Fitch Ratings said that the clarification by the central bank appears to ha...

    Volume: 52
    Issue: 36
    Published at Mon, 07 Sep 2009

  2. Ex-Im Bank Approves Funding For Al Dur IWPP

    ...pacity of 1.234gw and a desalination capacity of 48mn gallons/day (218,000 cmd) of water and is due to start initial production in 2010, with full commercial operation to commence in 2011. After recently selling 30% of Al Dur to Bahraini investors (the Social Insurance Organization of Bahrain, In...

    Volume: 52
    Issue: 36
    Published at Mon, 07 Sep 2009

  3. Nile Commercial Bank Rescued Again

    ...velopments at Nile highlight the problems for the south, which will be holding a referendum on its independence in January 2011, the fact that the authorities have been willing to step in at least illustrates the desire for financial stability. Southern Sudan has a conventional banking system, which is ov...

    Volume: 52
    Issue: 36
    Published at Mon, 07 Sep 2009