Banking & Finance
October 15, 2014
UAE-based startup Amanat Holdings will invest in up to six businesses over the next two years. The firm is looking at the GCC's healthcare and education sectors.
In just 5 days, 3 teams will come together to play against the world’s top rugby teams in the 2014 junior rugby tournament. This year’s tournament will be held over the weekend of 17th and 18th October.
October 14, 2014
"The shekel-dollar rate has risen for the tenth successive week, reaching a peak of NIS 3.738/$ last week."
After a rocky Monday, most stock markets in the Middle East recovered with Saudi Arabia and Dubai leading the figures.
Gulf Bank has announced the launch of its Graduate Development Program, developed as part of its Human Resources’ Leadership Development and Succession Planning initiative.
“The IMF does not have any reservations about the performance of Lebanon, and it understands what the region is going through and its impact on us.”
October 13, 2014
Stock markets in the Middle East appeared to be stabilising in early trade on Monday after falling sharply in the previous session in a broad sell-off.
MetLife and Emirates NBD have celebrated the launch of their strategic partnership to provide comprehensive life insurance solutions to the bank’s more than one million customers in the UAE.
National Bank of Fujairah announced the official launch of an equipment finance unit capable of supporting not just the asset acquisition requirements of companies, but the financing arrangements of equipment manufacturers and distributors operating out of the UAE.
Discussing the trade behaviour, EGX noted that foreign and Arab investors were directed towards selling while Egyptian sought to buy
October 12, 2014
Emirates NBD Asset Management announced today the launch of eight new funds under the Emirates NBD SICAV platform in Luxembourg.
Mashreq announced the launch of UAE’s first 3-in-1 Cinema Credit Card, the Mashreq Novo Credit Card, co-branded with Novo Cinemas (previously Grand Cinemas) and powered by never-before loyalty benefits.
October 9, 2014
The Ministry of Finance (MoF), in collaboration with the National Bank of Abu Dhabi (NBAD), will be launching a range of e-Dirham smart applications during GITEX Technology Week 2014.
In May of last year, the Central Bank of Turkey paid the country's final loan installment, freeing Ankara of IMF debts for the first time in 19 years.
October 8, 2014
Qatar backed Egypt with $7.5 billion in deposits during the presidency of the Muslim Brotherhood's Mohamed Morsi,