Abdul Aziz
Abdul Aziz
Abd al-Aziz, frequently also transliterated Abdul Aziz, is a male Muslim given name and in modern usage, surname. It is built from the Arabic words Abd, al- and Aziz. The name means "servant of the Almighty", Al-Azīz being one of the names of God in the Qur'an, which give rise to the Muslim theophoric names...
community confidence immediate lost needs
Our community needs an immediate resolution, ... Our community has lost confidence in Dr. Ladner.
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In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.
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In the past, the West had tried to export one formula of democracy which should fit to the rest of the world, and they discovered that this doesn't work.
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I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the problem assets over a period of three or four years should not be allowed.
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The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.
across bank biggest committed creation high job population projects region supporting
One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed to supporting infrastructure projects that will help with job creation across the region.
asking banks buy debts ease government held highly junk rated rather securities single sovereign
One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.
defend frank
In the current environment, we find it very difficult to defend America, and so we keep our silence. Because, to be very frank with you, how can we defend America?
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Saudi Arabia has also changed. People today are connecting with each other all across the world through small gadgets and television. It's a different society.
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With King Abdullah's leadership and his people's trust he can keep the kingdom stable and secure in all its affairs.
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We need to wait for the investigation results but it seems now that the suicide bomber had strapped explosives to his body, although we were told earlier it was a suicide car bomb attack.
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We have warned and continue to warn against calls for the division of Iraq, which come up now and then, calling for sectarian rights or minority freedoms.
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We will not accept in our country even a single soldier who will attack Muslims or Arabs.
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Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and the role of the bank is to accommodate these customers, and there is a real need to reschedule the loans of these customers.