Dollar slide: is the Gulf ready to cut loose? No doubt about it, the dollar is in trouble and things look set to get worse before they get better. With oil prices standing at $90+ a barrel, the coffers of oil-producing states are bulging, but in real terms the scenario is giving rise to serious and widespread concern

Middle East, The, Dec, 2007 by Pamela Ann Smith

The Bank, which is one of the world's leading financial houses providing forex services to corporate and institutional clients, has been ranked the No. 1 Foreign Exchange Bank by Euromoney magazine for the third year running. Its head of dbFX, Catherine Hardiman, said in late October that the Bank had made the move into an Arabic offering because it enhanced the Bank's "global footprint to retail investors.

We believe," she added, "that retail foreign exchange has specific reference to the region's sophisticated investors."