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Following a five-day losing streak, the ADX General Index closed 4.21 per cent higher at 4,056.08 points on Wednesday, December 17.
Financials benefitted in particular from the rebound. Finance House gained the most, ending up 14.41 …Read full article » : Wednesday, December 17 - 2014 @ 16:46
Kuwait Finance House- Malaysia (KFH-Malaysia) Chairman, Mohammad Nasser Al-Fouzan, stated that KFH-Malaysia had reported Mln 75.776 net profit as of the end of the third quarter of 2014, an increase of 18.4% over the same …Read full article » : Wednesday, December 17 - 2014 @ 15:12
Mashreq Qatar, one of the leading financial institutions in the Middle East & North Africa, has appointed Mr. Henk Jan Hoogendoorn as its new Country Head.
Hoogendoorn will be responsible for leading the bank in …Read full article » : Wednesday, December 17 - 2014 @ 11:05
UAE’s leading banking institution, Mashreq, fired the latest salvo in its quest to offer innovative banking solutions, with the launch of the Mashreq Etisalat Visa Signature Credit Card – the UAE’s first “Me-Life” credit card …Read full article » : Wednesday, December 17 - 2014 @ 10:55
The QE 20 Index dived 3.51 per cent to 11,057.33 points on Tuesday, December 16, the lowest level in 11 months.
Barwa Real Estate lost 5.38 per cent to QAR36.90. On Monday, the real estate development …Read full article » : Tuesday, December 16 - 2014 @ 17:40
HSBC Bank Oman S.A.O.G.’s customers were recently invited to the Bank’s 17th Annual Middle East Economist Roadshow to hear from HSBC’s in-house London-based economists as they discussed the outlook for the region in light of …Read full article » : Tuesday, December 16 - 2014 @ 14:44
Commercial Bank, Qatar’s first private bank, has commenced Qatar National Day celebrations with traditional activities in a special tented zone by Commercial Bank Plaza in West Bay. Over the course of three days, the Bank …Read full article » : Tuesday, December 16 - 2014 @ 11:47
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has finalized a AED 1 billion finance facility to Baniyas Investment & Development Company LLC (BIDC), the investment arm of Bani Yas Sports Club. …Read full article » : Tuesday, December 16 - 2014 @ 11:14
Capital Intelligence (CI), the international credit rating agency, announced today that it has affirmed Jordan Islamic Bank’s (JIB)’s Long and Short-Term Foreign Currency Ratings (FCRs) at ‘BB-’ and ‘B’, respectively. JIB’s FCRs are constrained by …Read full article » : Tuesday, December 16 - 2014 @ 09:54
OFFTEC, a subsidiary of OFFTEC Holding Group, held an online and mobile banking threats event, in collaboration with leading data security solutions and antivirus program apps provider, Kaspersky Lab.
The event was geared towards discussing …Read full article » : Monday, December 15 - 2014 @ 15:48