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Downgrades and upgrades: Greece, Qatar, and UAE to be reclassified as Emerging Status starting Sept. 22

This year’s major changes to the S&P Global BMI indices are the reclassification of Greece to Emerging ... to Emerging status. Greece’s constituents will be removed from all S&P Developed BMI market indices ... © 2014 CPI Financial. All rights reserved. (BUSINESS, Banking & ...

16/09/2014 - 06:00 - comment 0

Emirates NBD CIO Private Banking Officer: Greece going from bad to worse

Greece looks a mess. Two-year Greek bonds yield 25%, over ten times the level of Germany. The opposition ... for the Greek economy. If the international authorities leave Greece to its own devices, some kind ... of Greece will impact other parts of the Euro zone will start to show up in higher bond yields in other ...

Press Release - 05/06/2011 - 20:03 - comment 0

Europe crisis threatens the Gulf

solution on Greece’s second bailout, the recapitalisation of banks and the retooling of the 440 billion ... to arrive at a quick solution on the sovereign debt crisis and recapitalisation of banks, and the threat ... of Europe to arrive at a quick solution on the sovereign debt crisis and recapitalisation of banks ...

27/10/2011 - 09:48 - comment 0

Greece boosts Dubai market

biggest daily gain in more than two months as investors were buoyed by Greece's latest aid package. ... emerged on Greece's debt crisis. The country is suffering its deepest recession in 40 years and a default would probably lead banks to freeze lending to other indebted European countries, causing ...

04/07/2011 - 14:01 - comment 0

Gold holds near $1,745, waiting on Greece

on Wednesday, as investors waited with caution for Greece to grind towards a deal on a rescue package ... around $1,745 an ounce on Wednesday, as investors waited with caution for Greece to grind towards a deal ... a short-term pullback if Greece strikes a deal, as it may hurt the appeal of safe-haven assets, but in the long ...

08/02/2012 - 18:27 - comment 0

RAKIA strengthens ties with Greek business community following road show in Greece

and other ventures, has announced that senior-level RAKIA executives have recently visited Greece ... through RAK Offshore.  Representatives from manufacturing, trading, real estate and banking companies and high-net worth individuals from Greece as well as business and legal consultants attended the event, which ...

16/05/2010 - 16:02 - comment 0

Time is running out for Europe: Saxo Bank

for me to describe the misery ahead for Greece and Europe would be to draw on my country Denmark’s dismal ... didn’t default when the USSR collapsed after the fall of the Berlin wall, it did experience massive bank ... That is another lesson from Greece; the longer you avoid facing the truth, the more you solve debt with debt, ...

Press Release - 14/07/2011 - 14:21 - comment 0

Greece Shuts Down as Pension Protesters Strike

traffic-free zones.   Government agencies, schools, and newspapers were closed. Banks and hospitals ... messages from the journalists' union explaining the reasons for the strike.   Greece's public ...

18/05/2010 - 19:31 - comment 0

IMF cuts global growth projections, says action needed

to Greece.It also stressed that bolstering the balance sheet of European banks above and beyond regulatory ... the bloc's rescue fund capabilities and grant a second bailout package to Greece. It also stressed that bolstering the balance sheet of European banks above and beyond regulatory requirements is essential to bring ...

25/09/2011 - 10:18 - comment 0

Regional stock markets expected to open lower

to price in another global recession and the likelihood of a sovereign debt default by Greece ... of a sovereign debt default by Greece, say market experts. “The credit default swap market is already pricing ... of the regional markets will be on the reporting season which kicks off with Qatar National Bank reporting its ...

02/10/2011 - 08:51 - comment 0