emeafinance - Europe • Middle East • Africa - Three regions

EU raises concerns about Austria bank bail-out

The EU commission on competition has raised concerns about the Austrian government’s €2.7bn bail-out of Erste Bank at the end of October. Erste Bank is one of the largest banks in Austria and in central and eastern Europe.

Dubai International Financial Centre launches DIFC Global

DIFC Investments, the investment arm of the Dubai International Financial Centre, launches DIFC Global, a new subsidiary that provides a global network of premium business centres and corporate services that support companies in developing their international business.

Is the Western credit crunch good for emerging market private equity?

Four of the top professionals in emerging markets private equity recently held a lively debate at PEI’s emerging markets forum in London, on the proposition ‘This house believes the western credit crisis is good for emerging markets private equity’.

The participants would like to make it clear that the views expressed were purely in the spirit of the debate, and not necessarily their or their organisation’s actual view.