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Saturday 4th, July 2009 -- 18:40 GMT
 Banking & Finance
 
BMI Bank Move Headquarters to Bahrain World Trade Center (BWTC)
 Bahrain World Trade Center, Bahrain’s iconic landmark development, has officially announced that BMI Bank (BMI), an associate of BankMuscat, has moved into the development as anchor tenant of the East Tower. BMI’s headquarters occupies five floors  ...
SALAMA links with Emirates Investment Services Ltd to offer Shari’a compliant investment funds
 SALAMA-Islamic Arab Insurance Co. (PSC), one of the region’s leading Islamic insurance (Takaful) companies, today announced a tie up with Emirates Investment Services Ltd (“EIS”) (Regulated by the DFSA) – the asset management arm of the Emirates NBD  ...
MasterCard survey reveals consumer confidence in Kuwait is neutral for 2nd half of 2009
 Consumer confidence in Kuwait is neutral for the second half of 2009. This is according to the latest MasterCard Worldwide Index of Consumer Confidence survey. While overall confidence is noticeably lower compared to the first half of 2009, results  ...
GIB’s Chief Executive Officer: Investment banks must restructure and review risk management methods
 Chief Executive Officer of Gulf International Bank (GIB), Dr. Yahya Alyahya, said the international financial crisis that shook the markets in the past year forces investment and internationally active banks to restructure and review their risk  ...
SHUAA Capital, Dubai Banking Group agree new bond conversion terms
 SHUAA Capital, a leading financial services institution in the GCC and Dubai Banking Group, a Dubai Group company, on Thursday announced that they have agreed new terms for the convertible bond, originally entered into in October  ...
Bank Sarasin-Alpen strengthens its Qatar Operations
 Bank Sarasin-Alpen (Qatar) LLC, the subsidiary of Bank Sarasin & Co. Ltd, Switzerland has strengthened its Qatar operations by hiring a private banking team for the Qatar office. The Bank Sarasin-Alpen private banking team in Qatar will be headed by  ...
SHUAA Capital rejects Dubai Banking Group claims
 SHUAA Capital, a leading financial services institution based in Dubai, on Tuesday noted the statement from Dubai Banking Group (‘DBG’) announcing that it is taking steps towards legal action to recover the principal amount of the disputed AED 1.5bn  ...
Rasmala opens Abu Dhabi office
 In an effort to further strengthen its presence in the region, Rasmala has opened an office in Abu Dhabi. The move comes as a part of Rasmala’s expansion and growth plans in the GCC, following the recent opening of Rasmala’s Jeddah office.  ...
Moody's takes rating actions on 3 Moroccan banks
 Moody's Investors Service has today placed the ratings of 3 Moroccan banks on review for possible downgrade in light of its global review of systemic support indicators and stress testing for the banking systems.  ...
Kuwait's Contingent Liabilities: New S&P Report Examines Their Impact On The Sovereign Ratings
 For several years prior to 2008, the State of Kuwait underwent an economic boom, underpinned by the country's vast natural resources and high oil and gas prices.  ...
Gulf International Bank indicates intention not to exercise call option on U.S$4mln Subordinated Step-Up Floating Rate Notes
 Gulf International Bank B.S.C. (the Company) announced today that its current intention is not to exercise the redemption option initially available on the interest payment date falling in September 2010 (the Call Date) in relation to its  ...
Dubai Islamic Bank offers up to 90 per cent home finance
 Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced that it is offering up to 90 per cent financing for properties across the UAE. Property buyers can avail of Al Islami Home Finance for up to 25 years for ready and  ...
Gulf Re sees growth prospects for regional reinsurance sector
 The outlook for the reinsurance sector in the Gulf Cooperation Council (GCC) states continues to remain positive despite the impact of the global financial crisis, the Chief Executive Officer of Gulf Reinsurance Ltd. (Gulf Re) said today. Gulf Re,  ...
   
 
Arab Bank best bank in Mideast, Jordan  ...
NBK named Best Bank in 2009 by  ...
DIFC Field Study: UAE Family Businesses  ...
Gulf family companies begin to suffer  ...
Abu Dhabi Investment Company, Korea  ...
Bahrain Stock Exchange signs Depository  ...
A first for Syria - Grameen-Jameel  ...
Saudi stock market grows by over 22%  ...
Bahrain stock market cap up by 1.63%  ...
Abraaj Capital Opens Saudi Office, Sees  ...
IBQ launches Qatar’s first 5% Cash Back  ...
Al Rajhi Local Shares Fund wins two  ...
Moody's places deposit ratings of three  ...
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