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Barwa Bank, Qatar academy in training dealQatar-based Barwa Bank has signed a deal with the Qatar Financial Business Academy (QFBA) to provide accredited and certified training and development to its employees. Under the terms of the MoU, the academy will provide Barwa Bank with internationally recognised training More… |
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Payfort launches Saudi operationsPayfort, a leading online payment service provider in the region, has announced the launch of its Saudi Arabia operation. The announcement was made during the ongoing ArabNet Digital Summit 2013 at the Four Seasons Hotel in Riyadh. Payfort is the online payment sponsor of the eve More… |
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Abu Dhabi IPIC net profit up 6.7pc in H1Abu Dhabi's state-owned fund International Petroleum Investment Company ( IPIC) said its net profit surged 6.7 per cent to Dh3.2 billion ($871 million) for the first half from last year's Dh3 billion helped by the recovery of equity markets. IPIC, which owns stakes in com More… |
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Bahrain Bourse extends trading sessionBahrain Bourse (BHB) started, as of Sunday, the implementation of the resolution to extend the trading session to three-and-a-half hours. Trading now starts at 9.30am and ends at 1pm, reported the Gulf Daily News, our sister publication. "The extension of the More… |
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SMEs 'set to spur Bahrain growth'Batelco is expecting the next wave of growth to come from small and medium enterprises (SMEs), which already have a 40 per cent of the enterprise market, a top official has said. Batelco general manager enterprise division Adel Daylami told the Gulf Daily News, our sister publica More… |
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Kuwait CFC launches new campaignCommercial Facilities Company (CFC), a Kuwaiti provider of instalment credit facilities, has launched its new campaign ‘Hesbatna Al Jadida.' The campaign offers customers a variety of distinctive financing loans to buy new or used cars, while maintaining flexible financ More… |
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DFM accredits Al Ramz for market accessDubai Financial Market (DFM) has accredited ‘Al Ramz Securities’ to provide direct market access (DMA) for global brokers. This accreditation takes the number of DMA service providers to six, while the exchange is currently processing similar applications from other f More… |
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Kuwait trade surplus hits $21.5bn in Q2Kuwait’s trade surplus edged-up to KD 6.1 billion ($21.5 billion) in the second quarter after dropping to below $6 billion in the previous quarter for the first time in over a year, said a report. The surplus – estimated at around 12 per cent of forecast (whole year) More… |
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1,300 experts for global Islamic finance summitMore than 1,300 industry leaders from over 50 countries will join over 100 international speakers in Bahrain at the 20th anniversary special edition of the World Islamic Banking Conference (WIBC 2013) set to open tomorrow (December 3). Themed “Industry Transformation to Imp More… |
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Ibdar Bank eyes larger deals after 3-way mergerBahrain's Ibdar Bank hopes to leverage the combined expertise of its predecessor banks and a larger balance sheet to win business which its three legacy banks struggled to individually, its chief investment officer told Reuters in an interview. Ibdar was launched as a brand o More… |
