DGAP-UK-Regulatory: Annual Report 2011, -18-

DJ DGAP-UK-Regulatory: Annual Report 2011, Ringkjoebing Landbobank A/S Ringkjoebing Landbobank A/S / Annual Financial Report 01.02.2012 08:33 Dissemination of a UK Regulatory Announcem...

Leading Business Intelligence on the Middle East & North Africa

Dubai Total e-commerce sales in the Gulf Cooperation Council (GCC) are estimated to be between $3-$3.5 billion (Dh11 billion). The UAE’s annual sales which approached an estimated $2 billion in 2010 made up approximately 55-60 per cent of GCC e-commerce sales during the period, according to Visa.

Zim a regional launch pad — ABL - The Zimbabwe Standard

Zim a regional launch pad — ABL The Zimbabwe Standard Kingdom alongside Royal, Genesis, Zimbabwe Allied Banking Group and ReNaissance, had by December 31 2011 not met the minimum capital requirements of US$12,5 million and US$10 million for commercial and merchant banks respectively.