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Takaud launches new employee savings planTakaud, a leading savings and pension specialist provider in Bahrian, has introduced its unique employee savings plan, a first for the region, which will help retain staff by providing them with a saving mechanism. The product ser More… |
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Gulf Air sees big savings in green solutionsGulf Air, the national carrier of Bahrain, has notched up huge savings through the adoption of several 'green' solutions in its information technology infrastructure and practices, the airline's top IT official said. & More… |
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Gulf Air sees big savings in green solutionsGulf Air, the national carrier of Bahrain, has notched up huge savings through the adoption of several 'green' solutions in its information technology infrastructure and practices, the airline's top IT official said. & More… |
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90pc of GCC residents ‘not saving enough’Nearly 90 per cent of GCC residents, both locals and expatriates, are not saving enough for their future, a report said. Seventy-one per cent of residents, in Bahrain, Kuwait, Qatar and Oman do not put any money aside, compared with 74 More… |
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UAE residents warned on careless spendingUnited Arab Emirates residents risk an uncertain financial future if they continue with a “live for the moment” mentality, said a report issued by Nexus Insurance Brokers, a leading financial firm in the GCC. The trend More… |
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Takaud to launch private pension productsBahrain-based Takaud Savings and Pensions aims to launch its initial pension product in the fourth quarter of this year, becoming the first Gulf-based private pension provider, its chief executive said. Takaud, which received regulatory More… |
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Demand for Islamic savings products to growSharia compliance is the key factor driving savings decisions by UAE nationals, where an ageing population is expected to boost demand for Islamic savings products, the chief executive of Dubai-based National Bonds Corp said. More… |
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ENBD launches drive to encourage savingEmirates NBD (ENBD), a leading bank in the region, has launched a campaign to encourage customers to save more through greater focus on specific savings-related products. Valid until the end of August 31, the campaign offers customers 350 More… |
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Kipco to launch pensions unit in BahrainKuwait Projects Co (Kipco), the country's biggest investment firm, said that its newly incorporated pension and savings company received approval from the Bahrain's central bank to begin operations. 'Takaud Savings & Pensio More… |
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41pc ME professionals 'save nothing'Some 40.9 per cent of Middle East professionals save nothing from their household income, with the biggest non-housing expenditure being food (40.8 per cent), according to the latest online poll series conducted by the Middle East’s job site Bayt. More… |
