Friday 20 October 2017
 
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StanChart, Transguard launch smart cash transfer system

Standard Chartered Bank has signed a partnership agreement with UAE-based business support provider Transguard Group, which will enable the bank to offer its corporate clients a smarter and more convenient cash solution. The solut

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BCFC shareholders to get 50pc cash payout

Bahrain Commercial Facilities Company (BCFC) general assembly has approved a cash dividend of 50 per cent or 50 fils per share, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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Nass announces 5pc cash dividend

Shareholders of Nass Corporation will get cash dividend of five per cent for 2016, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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Nass announces 5pc cash dividend

Shareholders of Nass Corporation will get cash dividend of five per cent for 2016, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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Uber tests new payment option in the UAE

Ride-hailing service Uber is testing out a new cash payment option for rides in the UAE. The pilot in Dubai and Abu Dhabi makes the UAE the seventh country to test cash payments, following the launches of Saudi Arabia, Egypt, Jord

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Emirates to repay two bonds totalling over $1.1bn

Emirates Airline has announced that it will be closing two bonds in full this month, amounting to a total of $1.1 billion, which will be repaid from its own cash resources. The airline announced that it has repaid a bullet bond in

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Emirates to repay two bonds totalling over $1.1bn

Emirates Airline has announced that it will be closing two bonds in full this month, amounting to a total of $1.1 billion, which will be repaid from its own cash resources. The airline announced that it has repaid a bullet bond in

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Reem Investments posts $57m net profit

Reem Investments, a leading investment company in Abu Dhabi, has posted a net profit of Dh211 million ($57.4 million) for the financial year 2015.   It was announced at the recently concluded annual general meeti

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Ahli United approves 18pc cash dividend distribution

Ahli United Bank has approved the distribution of a cash dividend of 18 per cent (4.5 cents per share) together with bonus shares of five per cent for shareholders at its recently held Annual General Meeting and the Extraordinary General Meeti

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DCCC expands collateral basket to include major currencies

The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold and Commodities Exchange (DGCX), said that clearing members will now be able to deposit cash collateral to the corporation in the form of eur

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