Monday 15 September 2014
 
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finance

Islamic finance issues to be probed at Dubai forum

Bahrain’s His Majesty King Hamad and His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa have been invited by UAE Vice-President, Prime Minister and Ruler of Dubai Shaikh Mohammed bin Rashid Al Maktoum to attend the 10th

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Dana Gas wins $100m financing for Zora project

Dana Gas, the Middle East’s leading regional private sector natural gas company, has secured through its wholly owned subsidiary Dana Gas Explorations, a $100 million term facility for the Zora Field Development Project in the UAE.  

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IFSB–BIBF to debut ‘Islamic Finance Executive Programme’

The Islamic Financial Services Board (IFSB) and the Bahrain Institute of Banking and Finance (BIBF) are set to debut their joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series next month. The series, under the theme &

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Finance comparison site debuts in Bahrain

UAE-based finance comparison site compareit4me.com has launched "bahrain.compareit4me.com", for consumers in Bahrain. The website seeks to facilitate search, comparison and application for financial products such as bank

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Gunvor completes $420m Middle East loan

Gunvor Group has signed a $420 million secured uncommitted borrowing base facility, replacing a $400 million facility agreed in August last year, the company said in a statement. The funding is used to finance working capital needs incl

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Goldman Sachs plans debut sukuk issue for $500m

Goldman Sachs is reviving plans to raise at least $500 million with its first issue of Islamic bonds, a sign that Islamic finance is going mainstream as big conventional banks seek to tap Middle Eastern money. The US bank will mee

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Bahrain tops GCC in Islamic finance

Bahrain has been named the GCC's leading Islamic finance market and second out of 92 countries worldwide, for the second year in a row. This is according to the Islamic Corporation for the Development of the Private Sector-Tho

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Al Futtaim, Al Hail Orix to provide equipment finance

In a major boost to the UAE construction sector, two Dubai-based financial institutes -- Al Hail Orix and Al Futtaim Finance -- have joined hands to provide equipment finance solutions.   Al Hail Orix Finance is a joint ventur

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Al Futtaim, Al Hail Orix to provide equipment finance

In a major boost to the UAE construction sector, two Dubai-based financial institutes -- Al Hail Orix and Al Futtaim Finance -- have joined hands to provide equipment finance solutions.   Al Hail Orix Finance is a joint ventur

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Bahrain students excel in CDCS exams

Bahrain Institute of Banking and Finance (BIBF) said its second batch of students have surpassed the global pass rates in the Certificate for Documentary Credit Specialists (CDCS) qualification exams offered by ifs University College, UK.

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