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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

January 11, 2012

Dow Jones Indexes
07:11 GMT

Despite posting a gain in the final month of the year, the Dow Jones Islamic Market Titans 100 Index finished 2011 down 0.83%, according to data compiled by Dow Jones Indexes.

First Gulf Bank
06:11 GMT
(press release)

First Gulf Bank announced mandating each of Citi, HSBC, NBAD and Standard Chartered banks as Joint Lead Managers for its 5-yr USD 500 million.

January 10, 2012

First Gulf Bank
10:36 GMT
(press release)

First Gulf Bank recently held its fourth quarterly Emirati Al Awwal Draw. Mr. Fahad Ali Bilal Ali Albalooshi won the jackpot prize of AED 1 million, while Jamal Ali Ibrahim Alnuaimi won the runners up prize of AED 100,000 at the draw.

Toby Stokes, the Aviation Sector Leader for Europe, Middle East, India and Africa (EMEIA)
09:48 GMT
(press release)

Ernst & Young has announced the appointment of its leading MENA aviation expert and Partner, Toby Stokes, as the Aviation Sector Leader for Europe, Middle East, India and Africa (EMEIA).

Kevin Gardiner, Head of EMEA Investment Strategy
09:44 GMT
(press release)

The issues that dominated investment markets in 2011 will sadly not disappear immediately in 2012.

The National Bank
09:22 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, delivered 9.26% returns for its fixed income unconstrained institutional clients in 2011, despite tough conditions in financial markets.

Burgan Bank
07:39 GMT
(press release)

Burgan Bank announced today that it is sponsoring for the second time Microsoft’s annual Imagine Cup.

Joseph Bernardo Editorial Manager, Miranda Stobbs Country Director and Khaled Asfour Managing Partner
07:04 GMT

Oxford Business Group has sealed a further year of partnership with the law firm Ali Sharif Zu’bi Advocates and Legal Consultants for its latest report on Jordan’s economic development and opportunities.

HSBC
07:04 GMT
(press release)

Charl Schwartzel’s New Year’s Resolution is to follow-up the best season of his career by becoming the first South African to win the Abu Dhabi HSBC Golf Championship.

Chartered Institute of Management Accountants
06:55 GMT
(press release)

Savvy business students across the world have the opportunity to gain global exposure and learn valuable skills for the future courtesy of the CIMA Global Business Challenge (GBC).

January 9, 2012

Muneera Al Mukhaizeem, Chief Retail Banking Officer
09:32 GMT
(press release)

Burgan Bank announced that its Customer Relationship Management (CRM) has recorded significant improvements.The bank recently upgraded its Microsoft Dynamics CRM solution to Microsoft Dynamics CRM 2011.

Mashreq
07:04 GMT
(press release)

Mashreq announced the appointment of four UAE Nationals as Branch Managers across the distribution network.

January 8, 2012

Obaid Al Tayer, Minister of Finance
11:06 GMT
(press release)

The Ministry of Finance (MoF) recently issued for the first time a federal government e-book manual for financial procedures for the year 2012.

Gulf Finance House
09:54 GMT
(press release)

Gulf Finance House BSC has announced that the Tunis Financial Harbour (TFH) has begun the prequalification process for prospective contractors.

Mashreq
07:36 GMT
(press release)

Mashreq signed partnership to provide Mashreq Online customers with a 60 day free trial of Kaspersky Anti-Virus product and a 50% discount on the purchase of the product.