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When Rameez Tariq began studying mechanical engineering four years ago, he thought getting a job after graduation would be relatively easy in a city such as Dubai. jobs as a result of the downturn, according to Graves & Co., a.
LONDON: The rising influence of financial technology (fintech) firms in the Gulf could eventually threaten jobs and profitability at the region. S&P Global Ratings credit analyst in the report. The biggest impact of fintech innovations.
Dubai became the Gulf’s biggest credit crunch victim a year ago. as they should be as far as Abu Dhabi is concerned," said Mohammed Shakeel, a Dubai-based analyst for the Economist Intelligence Unit. After an expensive.
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The acronym that threatens bank analyst jobs MiFID II The bad news for employees is that if. more financial analysts — the job description that covers most equity and credit research people — working in May 2015 than five years earlier.
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and are likely to weaken Emaar’s currently healthy financial position in the near to medium term," said S&P credit analyst Alf Stenqvist. But, S&P said the ratings on Emaar continued to reflect the company’s important role in the Dubai.
However, Sapna Jagtiani, primary credit analyst with S&P Dubai, said in February that an appreciating dollar is making it more expensive for tourists looking to shop in the UAE, with Dubai likely to lose it’s coveted “shopper’s paradise”.
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DUBAI: Property prices in Dubai could decline by 10 to 15. before prices stabilize in 2020 at the earliest,” said Sapna Jagtiani, S&P’s credit analyst for corporate and real estate ratings. Rents in both residential and retail markets will.
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ZURICH/DUBAI. analyst Chris Wheeler. At the unprofitable CAG unit in Dubai, the bank was only likely to keep one employee out of the six staff, two of the sources said. Most of the six staff at the unit had joined Momdjian from.
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Dubai: After a three-year slump, house rents and prices in Dubai appear to have reached their lowest points, and investors are now increasingly interested in the market, according to a property analyst.
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Dubai: The cost of renting apartments and villas around Dubai fell at a much faster rate in recent months, a property analyst has said. According to a review by Phidar Advisory, accommodation costs across properties in the emirate posted the biggest quarterly decline in October since the slowdown started in the middle of 2014.
"Kuwait’s credit profile would be supported by a steady diversification of government revenues and economic activity away from the oil sector," said Thaddeus Best, a Moody’s Analyst and co-author. and creating jobs for nationals in.
"Over the last several months, the weakening dollar has definitely led the market higher, but historically a weak dollar isn’t good for stocks over the long term," said Tim McCandless, senior equity analyst. Dubai debt worries.
In its report, titled Inside Credit: UAE Real Estate. months,” said Franck Delage, analyst at S&P. “Generally, we believe that our rated developers could absorb a ten per cent drop in residential sales prices in Dubai this year,” he added.
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Saud Masud, a Dubai-based UBS analyst, posed some interesting questions in a note published on Thursday. Perhaps Dubai’s financial problems are much bigger than have been assumed. On the other hand, Andrew Garthwaite at.
As part of its Business Beyond Borders Series launched earlier this year, the Dubai Chamber of Commerce and Industry in cooperation with Coface and NGI organised a workshop on Trade Credit Management Solutions. senior credit.
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Australia plans to raise the issue of foreign investment in Qantas with Dubai’s Emirates Airline. The company plans to cut about 5,000 jobs and sell or defer purchase of several aircraft. Aviation analyst Saj Ahmad of.
"At this point, it’s kind of hard to sell,” Bobby Sarkar, a real estate analyst. easy credit has disappeared, and Dubai faces crippling debt and a glut of new real estate. Thousands of foreign workers who flocked here seeking higher.
Analysts have warned that UAE banks risk becoming overexposed to bad debt and defaulted loans, due to people fleeing the region to escape debt, and the lack of a federal credit. senior research analyst at EFG-Hermes in Dubai.
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LONDON: The rising influence of financial technology (fintech) firms in the Gulf could eventually threaten jobs and profitability at the region’s.
“MGM Mirage intends to work with Dubai. credit line. The next equity payment is due in April, MGM said. While the payment allows construction to continue for now, there are still financing concerns that cloud MGM’s stock, an.
Indians have long been flocking to the UAE for jobs. They form the largest. been buying property by the hordes in Dubai, one of the seven federates of UAE. Destination Dubai Indians now are the largest non-Arab investors in Dubai.