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The move has been a long time coming. Saudi authorities have slowly unrolled a plan to liberalise the market spanning a decade, and pursued a long- term reform agenda.
reign investors are salivating at the prospect of investing in Saudi Arabia’s well developed but frontier market with a string of world-class companies that have remained largely out of the portfolio of global fund managers.

July 1, 2014

Keith Luck CIMA President 2014-15
06:23 GMT
(press release)

Keith Luck FCMA, CGMA is the new President of the Chartered Institute of Management Accountants (CIMA), the world’s largest professional body of management accountants.

June 30, 2014

After swinging wildly this month in response to Arabtec’s gyrations, the Dubai index is down 22 percent from its multi-year peak in mid-May
14:09 GMT

The collapse marks a continuation of the builder’s downward trend on the Dubai bourse

Mohsin Nathani, CEO, UAE Standard Chartered
10:45 GMT
(press release)

Standard Chartered’s Transaction Banking Department recently organised a seminar on Liquidity and Working Capital Management for its Corporate and Institutional Clients in the UAE.

Al Ansari Exchange
10:20 GMT
(press release)

Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has announced the launch of ‘Al Ansari Rewards – Summer Promotion 2014,’ offering at total of AED 1,350,000 in cash prizes.

June 29, 2014

Arabtec, which remained among the top losers last week, shed 27.23 per cent.
13:52 GMT

Fund managers and analysts do not expect major movements and said investors have already been liquidating their positions before Ramadan.

Doha Bank CEO PHD fom EU
10:11 GMT
(press release)

Dr. R. Seetharaman, Group CEO, Doha Bank has received a PhD in “Global Governance” from European University recently. Dr. Seetharaman received the doctorate.

During the event
07:40 GMT
(press release)

In line with the leadership’s agenda to promote charitable and humanitarian works, Al Ansari Exchange has expressed its strong support to the ‘UAE Water Aid’ initiative with its recent donation of AED 1 million.

The Jordan Customs Department and the three telecommunications companies for landline, mobile and Internet (Umniah, Zain Jordan and Orange Jordan) have also linked to the system.
04:55 GMT

The Central Bank of Jordan (CBJ) on Saturday officially launched e-FAWATEERcom system to help citizens check and pay their bills electronically via different paying outlets.

Gulf oil produces who are members of the monetary union are talking to the UAE and Oman in a bid to persuade them to join the union, Kuwait’s finance minister said in press comments on Saturday.
04:55 GMT

The UAE and Oman opted out of the proposed monetary union before it was launched in 2010

June 26, 2014

First Gulf Bank
08:37 GMT
(press release)

FGB, one of the leading banks in the UAE, has concluded a 5-year ¥10 billion bond as part of the USD 1 billion Tokyo Pro-Bond Market programme registered by the bank on June 11.

Gulf Capital Wins Golden Award of Excellence
08:17 GMT
(press release)

Gulf Capital received the Golden Award of Excellence in Corporate Social Responsibility (CSR) at the prestigious fourth annual event organised by the Arab Organization for Social Responsibility.

NCB Capital
07:35 GMT
(press release)

NCB Capital continues to believe that improvement in demand, mainly from advanced economies, and higher operational efficiencies will drive the sector’s 2014 and 2015 expected growth.

Alex Thursby, the Group Chief Executive Officer of NBAD
07:18 GMT

The National Bank of Abu Dhabi (NBAD) has successfully executed the UK government’s debut Sukuk issue in its capacity as Joint Lead Manager and Joint Bookrunner.

Shayne Nelson, Group CEO at Emirates NBD
05:25 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today that it has crossed the 200,000 mark for fans on its official Facebook page.

June 25, 2014

The fact is that salaries are not increasing by 10 per cent, 25 percent or 100 per cent a year.
13:48 GMT

Rents in this locale have increased on average by 100 per cent over the last year.