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Federal Reserve independence

Published July 9, 2009, 4:21 pm, GoldSeek.com

Before the Subcommittee on Domestic Monetary Policy and Technology, Committee on Financial Services, U.S. House of Representatives, Washington, D.C.

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Court allows lie detector test on Raju

Published July 9, 2009, 12:24 pm, Business Standard India

The XIV Additional Chief Metropolitan Magistrate has allowed the CBI to conduct lie detector and brain mapping tests on Satyam Computer founder B Ramalinga Raju, B Rama Raju, his brother and former managing director, and Srinivas Vadlamani, former CFO.

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Emaar Shares may Keep Sliding: Analysts

Published July 8, 2009, 11:21 pm, Zawya

09 July 2009 DUBAI - Persistent questions about merits of the planned merger of Emaar Properties Emaar Properties with three units of government-owned Dubai Holdings Dubai Holdings PLC could prolong a nearly two-week slide in the share price of the Middle East's largest property developer, industry analysts say.

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Saudi exposure forces banks to slow lending

Published July 8, 2009, 10:07 pm, Zawya

09 July 2009 The ongoing financial crisis followed by the Saad-Algosaiby multibillion-dollar crisis involving almost all the 'who's who' in the region's banking industry, are bound to force the banks to go slow on their lending for some time, said leading bankers.

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IPIC Concludes $2.3b Buy-out Deal for NOVA Chemicals

Published July 8, 2009, 12:39 am, Zawya

The acquisition has been implemented by way of a court-approved plan under the Canadian Business Corporations Act, says a news release posted on company's Web site.

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Final Results

Published July 7, 2009, 11:09 pm, Marketwire

08/07/09 Smart Identity PLC (PLUS) FINAL RESULTS FOR THE YEAR ENDED 31 MARCH 2009 The Board of Smart Identity PLC ("SMARTiD" or "the Company"), the software development company that specialises in Identity Management Solutions, is pleased to announce its final audited results for the twelve-month period to 31 March 2009. HIGHLIGHTS; * Turnover increased by 5% to £440,930 (2008: £421,425); * Cash ...

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Noor Islamic improves balance sheet

Published July 7, 2009, 12:54 am, Zawya

07 July 2009 Dubai: Noor Islamic Bank Noor Islamic Bank announced on Monday that its shareholders and board of directors had approved the proposed conversion of the 2008 Ministry of Finance deposits of the UAE Government into Tier-2 capital to further strengthen the bank's balance sheet.

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Noor Islamic Boosts Capital to Fund Growth and Expansion Plan

Published July 6, 2009, 11:37 pm, Zawya

07 July 2009 DUBAI - Noor Islamic Bank Noor Islamic Bank , Dubai-based Shariah-compliant lender, is well capitalised to fund growth and expansion plan and its capital adequacy ratio, or CAR, is double the regulator's limit, the bank said on Monday.

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BetterInvesting Magazine Releases September Stock to Study and Undervalued Stock Choices for Investors' Informational ...

Published July 6, 2009, 2:03 pm, PR Newswire via Yahoo! Finance

The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Accenture Limited as its September 2009 "Stock to Study" and AT&T Inc. as its September "Undervalued Stock" for investors' informational and educational use.

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Noor Islamic Bank to Attain Capital Adequacy Ratio in Excess of 20%

Published July 6, 2009, 1:37 am, Zawya

Dubai: 6 July, 2009 - Noor Islamic Bank Noor Islamic Bank PJSC today announced it continues to operate from a position of strength and is well capitalized to fund its future growth and expansion plans.

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