Banking & Finance
August 28, 2014
The Tadawul All-Share Index breached 11,000-mark with a six-year high. Strong global demand for petrochemicals supported the increase.
Mashreq has launched a special offer for their cardholders’ convenience by allowing them to pay for school fees using their credit card and to make repayments in easy installments of up to 12 months with absolutely zero interest.
August 27, 2014
Prince Faisal bin Salman said Medina is an investment-friendly province and called for young people to put their ideas into viable projects.
Bahrain's Gulf Finance House Wednesday signed a $105 million deal with Kuwait Finance House in the wake of the global finance crisis, which hit the Middle East.
August 25, 2014
Emirates NBD, a leading bank in the region, announced today the launch of a dual value-added offer for customers making school and university fee payments via credit cards.
The Institute of Directors, Tamil Nadu State Chapter hosted the Global Summit 2014 on Business Excellence on August 22 and 23, 2014 at ITC Grand Chola, Chennai – India.
August 24, 2014
A spike in the number of suspicious transactions related to money laundering and terrorism financing has been recorded in Bahrain in the first half of this year, a report said.
MasterCard has been featured on the Forbes Most Innovative Companies list.
Al Hilal Bank awarded the first of six 2015 Audi A8 luxury sedans it is giving away for free to its patrons under its annual Savings Promotion which runs from July 15, 2014 to January 15, 2015.
The government is the reason behind the continued inability of the petroleum sector to repay dues to foreign partners in return for oil and gas received monthly, said an official at the Ministry of Petroleum
August 21, 2014
The case dates back to 2007 and early 2008, when on the introduction of Sarasin-Alpen, the Khorafis purchased structured financial products from Bank Sarasin.
The National Bank of Abu Dhabi (NBAD) distributed 2.40% dividend to NBAD MENA Income and Growth Fund investors with the option to reinvest the dividend in lieu of a cash payout.
August 20, 2014
This new service gives customers the ability to withdraw cash and send money to their friends, family or anyone in the UAE instantly using their mobile phone, even if the recipient does not have a bank account.
Standard Chartered Private Equity announced the acquisition of a minority stake in Topaz Energy and Marine, one of the world’s leading offshore support vessel operators, through an equity investment of US$ 75 million.
August 19, 2014
FGB, one of the leading banks in the UAE, has announced the appointment of corporate finance specialist, Michael Aissaoui.