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Ericsson study: Doubling UAE broadband speed can increase GDA new report, conducted jointly by Ericsson, Arthur D. Little and Chalmers University of Technology quantifies the isolated impact of broadband speed, showing that doubling the broadband speed for an economy increases Gross Domestic Product (GDP) by ... News | Tuesday, 22 November 2011 Read more |
Britain to cut financial ties with Iranian banksBritain's chancellor of the exchequer, George Osborne has announced the UK is to cut financial ties with Iranian banks over fears about its nuclear programme, the Associated Press has reported. This is the first time the British government has cut ... News | Tuesday, 22 November 2011 Read more |
Asian Paints planning expansion in capacityAsian Paints Middle East, a joint venture between Oman's Al Hassan group and Asian Paints India, is planning to increase its production capacity by four to five times to 25,000 tonnes per annum, Times of Oman has reported. The expected ... News | Tuesday, 22 November 2011 Read more |
Dubai Bank and EIB in talks over mergerDubai Bank and Emirates Islamic Bank (EIB), two Islamic banking entities owned by Emirates NBD, are in negotiations over an operational merger with the details to be finalised soon, Gulf News has reported, citing sources close to the talks. It ... News | Tuesday, 22 November 2011 Read more |
Sharjah Islamic Bank launches new bank card on occasion of UCelebrating the 40th UAE National Day, Sharjah Islamic Bank issued a new bank card featuring a special design commemorating this auspicious national occasion. A first of its kind in the UAE, this Prepaid Card was issued in collaboration with ... News | Tuesday, 22 November 2011 Read more |
Abu Dhabi Islamic Bank brings pioneering Cancer Cover for FeAbu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all its "Dana Women's Banking" customers. ADIB Dana's customers can benefit from "Dana Female Care Cover" plan ... News | Tuesday, 22 November 2011 Read more |
Shuaa Capital planning more job cutsDubai-based investment bank, Shuaa Capital has announced it plans "significant" job cuts, as part of the second phase of the cost savings programme it launched this year, Reuters has reported. Shuaa said it will introduce "a reduction of administrative expenses, ... News | Tuesday, 22 November 2011 Read more |
Saxo Bank enables online Islamic tradingSaxo Bank A/S, the online trading and investment specialist, has enabled its clients to identify and trade Islamic compliant stocks and ETFs on more than 25 exchanges worldwide. The Bank selected IdealRatings Inc., a leading global Islamic compliant fund management ... News | Tuesday, 22 November 2011 Read more |
Gaza banks ordered to pay up $100mThe Hamas rulers of Gaza have ordered two banks to pay out more than $100m in unpaid taxes and late penalties following a lower court ruling, AFP has reported. According to the court decision, $6m of the Islamic Bank of ... News | Tuesday, 22 November 2011 Read more |
MSCC celebrates 10 year anniversary at its third TBA ConfereMediterranean Smart Cards Company (MSCC), Africa's electronic payment processing company, recently hosted about 175 delegates from leading African institutions and corporations to its third annual payment card processing conference 'Together for a Better Africa 2011' in ... News | Tuesday, 22 November 2011 Read more |
Dubai's Emirates NBD consolidates investment banki
Dubai's largest lender, Emirates NBD has consolidated its investment banking and financial advisory
Foreign banks looking to open branches in Iran
Iranian deputy economy minister, Behrouz Alishiri has said two foreign banks have applied to open br
Abu Dhabi Islamic Bank Gold campaign marks 40th UA
As the UAE prepares to celebrate the major milestone of 40 years of unification on 2nd of December,
JEDCO, European Investment Bank and Abraaj Capital
Jordan Enterprise Development Corporation (JEDCO), the European Investment Bank (EIB) and Abraaj Cap
Emirates NBD announces Q3 2011 results with operat
Emirates NBD announced its results for the nine months ended 30 September 2011. Positive and resilie
Mashreq shows interest in Turkey's Denizbank
Abdul Aziz Al Ghurair, CEO of Dubai's second-largest lender by market value, Mashreqbank has told Tu
Bahraini retail and commercial banking institution, BMI Bank demonstrated its commitment towards stronger participation in local community initiatives through a donation to Think Pink Bahrain.
