Thursday 18 December 2014
 
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Bank

Himalayan implements new system to improve card issuing

Himalayan Bank, a leading private sector bank in Nepal, has implemented Cryptomathic’s data preparation system, CardInk and OMA Emirates’ personalisation software, NanoPerso, into its production environment to facilitate the issuance

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WB urges Egypt to make reforms before investor conference

A senior World Bank official has called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference in March where the government hopes to attract more than $12 billion in investments. The go

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Sico announces key management appointments

Securities & Investment Company (Sico), licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank, has announced two new senior management appointments. Anantha Narayanan, who joined Sico in 2008 as the he

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Burgan Bank increases capital through rights issuance

Burgan Bank, a leading commercial bank by assets in Kuwait, has completed its capital increase through a rights issuance announced earlier. The bank’s shareholders have subscribed in the capital increase during the designate

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Ibdar nets dividend on $100m aircraft accord

Ibdar Bank, a Bahrain-based Islamic investment bank, has announced the first dividend yield from a $100 million lease agreement with Ethiopian Airlines. The 12-year agreement expiring in 2026 is for acquiring four new Bombardier Q

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Qatar October credit growth lowest since 2006

Bank credit growth in Qatar slowed to 6.1 per cent year-on-year in October, the lowest rate since at least 2006, from 12.4 per cent in the previous month, central bank data showed on Sunday. Money supply (M2) growth accelerated to 13.3

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NBAD recruits 118 Emiratis under new initiative

National Bank of Abu Dhabi (NBAD) has recruited as many as 118 UAE nationals to serve the bank’s clients in its branches and offices across the UAE. The recruitment was part of the ‘Falkom Tayeb’ initiative, laun

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NBAD recruits 118 Emiratis under new initiative

National Bank of Abu Dhabi (NBAD) has recruited as many as 118 UAE nationals to serve the bank’s clients in its branches and offices across the UAE. The recruitment was part of the ‘Falkom Tayeb’ initiative, laun

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Gatehouse Bank closes offshore real estate deal

Gatehouse Bank, a London-based investment bank specialising in sharia-compliant products and services, has announced the closure of its first offshore real estate financing in St Helier, Jersey. The bank provided £10 million

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Gatehouse Bank closes offshore real estate deal

Gatehouse Bank, a London-based investment bank specialising in sharia-compliant products and services, has announced the closure of its first offshore real estate financing in St Helier, Jersey. The bank provided £10 million

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