An RSS feed generated from the features aggregator for CPI Financial http://www.cpifinancial.net/features Wed, 22 May 2013 00:00:00 -0500 Wed, 22 May 2013 14:49:59 -0500 copyrights 2013 CPI Financial. All rights reserved. en Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and is expected to rise to nine per cent in 2013 as oil production increases to 3.3 million barrels per day (mbpd), said the International Monetary Fund. Inflation has declined from about six per cent at end-2011 to 3.6 per cent at the end of last year, and should increase only slightly in 2013. International reserves of the Central Bank of Iraq (CBI) rose from $61 billion at end-2011 to $70 billion at end-2012, and fiscal reserves held at the Development Fund for Iraq (DFI) have increased from $16.5 billion to $18 billion. http://www.cpifinancial.net/features/post/20838/imf-updates-on-iraq-economy net.cpifinancial.news.news-20838 Wed, 22 May 2013 00:00:00 -0500 CPI Financial Features Channel Economics In its latest review of Qatar’s sovereign and banking sector, entitled Better than expected, Barclays said banking liquidity constraints have eased, credit growth moderated. http://www.cpifinancial.net/features/post/20760/barclays-upbeat-about-qatari-banking-sector net.cpifinancial.news.news-20760 Mon, 20 May 2013 00:00:00 -0500 CPI Financial Features Channel Islamic Finance Commercial Banking Company balance sheets could swell by trillions of dollars under an international plan issued on Thursday by two accounting bodies to show more clearly the cost of leasing everything from photocopiers to property. http://www.cpifinancial.net/features/post/20712/global-accountants-stick-to-plans-for-leases-on-balance-sheets net.cpifinancial.news.news-20712 Fri, 17 May 2013 00:00:00 -0500 CPI Financial Features Channel Investments Economics Niall O'Toole and Georges Attieh of law firm Clyde & Co review the likely impact of proposed new rules in the UAE on the activities of investment managers based in the country, providing a summary of the obligations and responsibilities of investment managers vis-à-vis their clients contemplated by the SCA within the draft resolution. It also considers the consequences to the relevant investment manager in the event of a breach. http://www.cpifinancial.net/features/post/20675/obligations-and-responsibilities-of-investment-managers-under-draft-sca-rules net.cpifinancial.news.news-20675 Thu, 16 May 2013 00:00:00 -0500 CPI Financial Features Channel Investment Banking Wealth Management Investments Markets PwC reveals results of Middle East Family Business Survey in an event hosted in collaboration with the Dubai Women Business Council http://www.cpifinancial.net/features/post/20647/family-businesses-at-the-forefront-of-middle-easts-growth net.cpifinancial.news.news-20647 Wed, 15 May 2013 00:00:00 -0500 CPI Financial Features Channel SME Finance A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation. http://www.cpifinancial.net/features/post/20638/indias-it-sector-in-unwelcome-spotlight-after-atm-heist net.cpifinancial.news.news-20638 Wed, 15 May 2013 00:00:00 -0500 CPI Financial Features Channel Consumer Banking Technology Kuwait’s GDP has been forecast to grow 1.1 per cent in 2013 as oil prices and production stabilises, exports remain subdued, and government expenditure slows down http://www.cpifinancial.net/features/post/20601/kuwait-gdp-estimated-to-grow-1-1-per-cent-in-2013 net.cpifinancial.news.news-20601 Tue, 14 May 2013 00:00:00 -0500 CPI Financial Features Channel Economics With 2013 forecasted to be a year of optimism and opportunity for construction in the Middle East, all eyes are back on governments in the region and how they propose to manage their spending, according to Deloitte Middle East’s newly released annual report on the sector: GCC Powers of Construction: Meeting the challenges of delivering mega projects. http://www.cpifinancial.net/features/post/20587/deloitte-gcc-powers-of-construction-report-2013-is-year-of-optimism-and-opportunity net.cpifinancial.news.news-20587 Mon, 13 May 2013 00:00:00 -0500 CPI Financial Features Channel Investments Economics Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. http://www.cpifinancial.net/features/post/20562/for-banks-in-the-cyber-heist-how-to-get-their-money-back net.cpifinancial.news.news-20562 Sun, 12 May 2013 00:00:00 -0500 CPI Financial Features Channel Technology Commercial Banking While over 60 per cent of global investors believe their country's stock market will be up in 2013, risk continues to be a concern, according to Franklin Templeton http://www.cpifinancial.net/features/post/20556/investors-show-growing-optimism-for-stocks net.cpifinancial.news.news-20556 Sun, 12 May 2013 00:00:00 -0500 CPI Financial Features Channel Wealth Management Booz & Company examines the strong need for developers in the MENA region to learn from their past mistakes and build new core and differentiating capabilities – so as to ensure a successful and sustainable future in the real estate sector. http://www.cpifinancial.net/features/post/20555/the-keys-to-surviving-in-a-volatile-real-estate-market net.cpifinancial.news.news-20555 Sun, 12 May 2013 00:00:00 -0500 CPI Financial Features Channel Investments Economics A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards. http://www.cpifinancial.net/features/post/20528/prepaid-debit-cards-a-weak-link-in-bank-security net.cpifinancial.news.news-20528 Sat, 11 May 2013 00:00:00 -0500 CPI Financial Features Channel Consumer Banking Technology Dubai may use a wide range of strategies, from asset sales to increased bond issues and continued support from Abu Dhabi, to get through a looming period of debt repayments - but it may cause its bankers a few sleepless nights on the way. http://www.cpifinancial.net/features/post/20492/dubai-may-get-creative-to-finance-looming-debt-hump net.cpifinancial.news.news-20492 Wed, 08 May 2013 00:00:00 -0500 CPI Financial Features Channel Islamic Finance Commercial Banking Investment Banking Economics Markets Bain & Company’s new 11-year global study of 18,000 deals involving more than 1,600 companies finds that playing big in M&A generates the greatest shareholder returns; “Make major commitment to M&A, or don’t bother,” it warns http://www.cpifinancial.net/features/post/20461/mergers-and-acquisitions-mountain-climbers-poised-to-outpace-deal-making-competition-in-2013 net.cpifinancial.news.news-20461 Wed, 08 May 2013 00:00:00 -0500 CPI Financial Features Channel Commercial Banking Economics Mukesh Kumar Chhaganlal said he tried to warn his manager at UBS AG about the "increasingly unrealistic" currency rates being set last year for the Indonesian rupiah against the dollar. http://www.cpifinancial.net/features/post/20422/insight-how-singapores-currency-club-fell-apart net.cpifinancial.news.news-20422 Tue, 07 May 2013 00:00:00 -0500 CPI Financial Features Channel Markets Economics Africa's share of global foreign direct investment (FDI) has grown over the past five years highlighting the growing interest from foreign investors, according to Ernst & Young's third Africa Attractiveness Survey http://www.cpifinancial.net/features/post/20411/e-y-africas-share-of-global-fdi-increases-over-last-five-years net.cpifinancial.news.news-20411 Mon, 06 May 2013 00:00:00 -0500 CPI Financial Features Channel Economics Australian expats will lose their 50 per cent discount on capital gains tax (CGT) from the 8 May 2013, which will most notably affect property and extend to any mining and foreign assets, Australian shares and managed funds, writes Craig Holding, Managing Partner at Acuma and Chairman of the Australian Business Council along with Paul Preston, Director and Head of IP Global Middle East. http://www.cpifinancial.net/features/post/20400/australian-expats-lose-capital-gains-tax-break net.cpifinancial.news.news-20400 Mon, 06 May 2013 00:00:00 -0500 CPI Financial Features Channel Investments Wealth Management Analysts at NBK Capital MENA have issued their summary report on the UAE banking system in the wake of the round of Q1 results as part of the investment bank’s latest MENA in Focus report. “A recovering macro economy coupled with high credit penetration levels kept loan growth broadly muted in Q1 2013, with net loans growing just one per cent on aggregate in our sample universe (which comprises the largest banks in Abu Dhabi and Dubai who have reported Q1 2013 results at the time of this update). http://www.cpifinancial.net/features/post/20398/nbk-capital-mena-uae-banks-q1-wrap-up-sluggish-volume-trends-persist net.cpifinancial.news.news-20398 Mon, 06 May 2013 00:00:00 -0500 CPI Financial Features Channel Islamic Finance Commercial Banking Consumer Banking Markets The cut in interest rates by the European Central Bank to an all-time low, together with the US Federal Reserve maintaining its asset purchase programme, has been the main supporting features this week ahead of the monthly US job report later today (5 May,), reports Saxo Bank. http://www.cpifinancial.net/features/post/20384/european-central-bank-action-off-setting-sluggish-data net.cpifinancial.news.news-20384 Sun, 05 May 2013 00:00:00 -0500 CPI Financial Features Channel Economics After seven consecutive years of gross surpluses, the platinum market switched to a narrow deficit in 2012, due to extensive disruption to mine supply from South Africa. Palladium’s annual deficit deepened sharply last year to over 1.1 Moz as both demand from the autocatalyst sector grew and supply was squeezed. http://www.cpifinancial.net/features/post/20349/platinum-palladium-outlook-2013-from-thomson-reuters-gfms net.cpifinancial.news.news-20349 Thu, 02 May 2013 00:00:00 -0500 CPI Financial Features Channel Investments Markets For years, Dubai's top bank Emirates NBD (ENBD) relied on its home base and cosy relationship with leading government-related entities in the emirate to drive profit growth. http://www.cpifinancial.net/features/post/20341/gulf-expansion-push-buoys-middle-east-banking-m-a net.cpifinancial.news.news-20341 Thu, 02 May 2013 00:00:00 -0500 CPI Financial Features Channel Islamic Finance Commercial Banking Investment Banking Markets Damian Shore, Contributing Analyst for Euromonitor International writes in Analyst Insight about the driverless cars of the future. http://www.cpifinancial.net/features/post/20338/driverless-cars-the-coming-green-transportation-revolution net.cpifinancial.news.news-20338 Thu, 02 May 2013 00:00:00 -0500 CPI Financial Features Channel Technology Syrian investor Khaleel Tohmeh is on a buying spree in the Damascus stock market, pinning his hopes on a long-term recovery of a bourse that has seen about two-thirds of its capitalisation wiped out by the two-year-old civil war. http://www.cpifinancial.net/features/post/20324/syrian-investors-flock-to-damascus-bourse-to-protect-savings net.cpifinancial.news.news-20324 Wed, 01 May 2013 00:00:00 -0500 CPI Financial Features Channel Markets Economics EFG Hermes, one of the largest investment banks in the Middle East, plans to cut costs, sell non-core assets, and return cash to shareholders after a planned tie-up with Qatar's QInvest failed on Wednesday. http://www.cpifinancial.net/features/post/20320/efg-hermes-to-sell-assets-as-qinvest-deal-falls-through net.cpifinancial.news.news-20320 Wed, 01 May 2013 00:00:00 -0500 CPI Financial Features Channel Markets Investment Banking Strong support for sharia courts to regulate family issues; more limited backing for harsh punishments, death edicts; varied views on democracy, suicide bombing and headscarves. http://www.cpifinancial.net/features/post/20269/many-in-muslim-world-want-sharia-as-law-of-land-survey net.cpifinancial.news.news-20269 Tue, 30 Apr 2013 00:00:00 -0500 CPI Financial Features Channel Islamic Finance Economics Lifestyle Depositors should be the very last to suffer losses when a bank collapses, according to a proposal being discussed by European Union countries and seen by Reuters, which would shield savers from the kind of losses they face in Cyprus. http://www.cpifinancial.net/features/post/20257/eu-considers-protecting-savers-against-future-bank-collapses net.cpifinancial.news.news-20257 Mon, 29 Apr 2013 00:00:00 -0500 CPI Financial Features Channel Consumer Banking Booz & Company’s analysis estimates that digitization provided a $193 billion boost to world economic output and created 6 million jobs globally in 2011. The study advises policymakers how to actively harness the different impact of digitization by country and by sector. http://www.cpifinancial.net/features/post/20242/impact-of-digitization-on-economic-growth-and-job-creation net.cpifinancial.news.news-20242 Mon, 29 Apr 2013 00:00:00 -0500 CPI Financial Features Channel Economics Technology Dubai Chamber of Commerce and Industry today announced findings of a recently commissioned research report conducted by the Economist Intelligence Unit (EIU) that highlight the significant potential Sub-Saharan Africa represents for companies in the Middle East. http://www.cpifinancial.net/features/post/20232/dubai-chamber-report-confirms-sub-saharan-africas-business-potential net.cpifinancial.news.news-20232 Mon, 29 Apr 2013 00:00:00 -0500 CPI Financial Features Channel Economics