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It also revealed that Gulf funding for African infrastructure has focused on North Africa, which has received the bulk of aid (about 65 per cent of the total).
October 1, 2014 - 20:11 GMT
A study expected that annual contributions are likely to average $5 billion in the coming years, which equates to at least 10 per cent of the total average annual inflows to this sector.

October 13, 2011

Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank
07:48 GMT
(press release)

Doha Bank has posted a net profit for the 9 months period ending 30 September 2011 of QAR 1.01 billion which represents a significant increase of 13% versus the corresponding period last year.

Chadi N. Moujaes, Partner at Management Consulting Firm Booz & Company
07:30 GMT
(press release)

The private school market is growing rapidly in the countries of the Gulf Cooperation Council (GCC), presenting a significant opportunity for investors and school operators.

October 12, 2011

Lutfi Al Shukaili, Head of Service Quality, Ajman Bank, collecting the 'Best Small Bank' award
12:47 GMT
(press release)

Ajman Bank, announced today that it had been named the “Best Small Bank” at the 2011 Bank Benchmark Index Awards.

Al Hilal Bank receiving the award
12:12 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, was officially awarded the Certification Service Provider (CSP) license by the Emirates eGovernment during simple ceremonies.

Kuwait International Bank
11:04 GMT
(press release)

Kuwait International Bank (KIB) presented its competitive range of Shariah-compliant banking products and services to staff and visitors of the Public Authority for Industry at its temporary booth on the authority’s premises.

Al Ansari Exchange
10:03 GMT
(press release)

Al Ansari Exchange has revealed its donation of a school bus to the Safe Center for Exceptional Abilities (SCEA), a non-profit organization established to help children with Asperger’s Syndrome and High-Functioning Autism.

Graduates of Mashreq Al Mustaqbal
09:29 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the graduation of the latest group of UAE Nationals from Mashreq Al Mustaqbal management training program.

Burgan Bank
09:11 GMT
(press release)

Burgan Bank today announced Ms. SWANI TANDON as the winner of the Burgan Value Account draw. The lucky winner took home cash prize equivalent to 4,000KD.

Ibrahim Dabdoub, NBK’s Group Chief Executive
07:04 GMT

National Bank of Kuwait, the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of USD 819 million (KD 225.6 million) for the first nine months of 2011.

October 11, 2011

Younis Haji Al Khouri, Undersecretary of MoF
11:43 GMT
(press release)

In line with the UAE’s efforts to enhance global financial relations, the Ministry of Finance (MoF) recently signed a double taxation avoidance agreement with Switzerland.

Burgan bank at Introduction to Kuwait Exhibition
11:27 GMT
(press release)

Burgan Bank has recently sponsored the British Business Forum’s (BBF) exhibition, “Introduction to Kuwait”, which was held on the 7th of October at the Hilton Kuwait Resort.

Malek Kanawati, CEO, Mubasher
10:34 GMT
(press release)

Mubasher, has launched a new mobile application that will allow iPhone users in the UAE to access and use its leading stock exchange services.

Tariq Linjawi, NCB Capital’s Head of Wealth Management
07:55 GMT
(press release)

It’s no secret that investing in mutual funds is a great investment tool when thinking of investing part of your disposable income.

George Nasra, Managing Director, IBQ
06:42 GMT
(press release)

IBQ announced today the opening of a new branch at Lagoona, Qatar’s newest retail destination strategically located at the heart of the prime Lusail district.

October 10, 2011

HH Sheikh Mohammed bin Rashid Al Maktoum launches the Second Generation of the E-Dirham and unveils new logo during GITEX
13:50 GMT
(press release)

HH Sheikh Mohammed bin Rashid Al Maktoum launched the second generation of the E-Dirham (G2 E-Dirham) and unveiled the new logo for the system during GITEX Technology Week 2011.