Banking & Finance
October 21, 2014
Standard Chartered has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators
NCB Capital believes the growing data segment and ongoing cost-cutting initiatives are the telecom sector’s near-term drivers while the attractive dividends yield of 4.3% is the sector’s key attraction.
International Bank of Qatar (ibq) sponsored the Pink Ribbon Zumbathon held at The Ritz-Carlton, Doha within the breast cancer awareness campaign on Sunday October 19, 2014.
International rating agency Moody’s has changed Egypt’s outlook from negative to stable, attributing the upgrade to the stabilised political and security situation.
October 20, 2014
The National Bank of Abu Dhabi (NBAD) is the Lead Strategic Partner of the Fifth Annual Middle East SME Forum.
October 19, 2014
Gulf Bank today announced an operating profit before provisions of KD 79.8 million for the first nine months of 2014.
he United States blacklisted Lebanese company DK Group for arranging to ship Syrian pound banknotes from Russia to the Syrian central bank, an allegation strongly denied by the company’s general manager.
The Al Nahda Women’s Association has expressed its sincere gratitude to Al Hilal Bank for financinga special event called ‘Mass Wedding Initiative 2014’ launched by the association to solemnify the partnership of 10 Emirati Couples.
Mashreq PAYPORT, the first fully EMV-compliant mobile Point of Sale solution in the UAE, won the award for ‘The Best Use of Innovative Technology’ in the Middle East & Africa at the MasterCard Innovation Forum 2014.
It said that these steps will focus on the markets that have the “greatest scale and growth potential”.
October 16, 2014
A sell-off in European stocks accelerated on Wednesday, with a key index suffering its biggest one-day slide in nearly three years as investors slashed exposure to risky assets on mounting worries about global growth
Emirates NBD, a leading bank in the region, today strengthened its long-term partnership with Dubai Police, by offering the bank’s credit card holders a convenient way to pay their traffic fines.
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."