Friday 31 October 2014
 
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AkzoNobel details carbon credits methodology benefits

Two ship owners are due to be awarded a combined total of almost $500,000 when the first claims resulting from a new carbon credits methodology developed by AkzoNobel and The Gold Standard Foundation are finalised next year.  

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Visa cardholders spent $4bn during Ramadan

Visa cardholders in Mena spent on $3.98 billion across all Visa products, credit, debit and prepaid during the 2014 Ramadan, reflecting a 16 per cent increase over the same period last year, a report said. The findings were releas

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Ithmar seeks $436m Dubai bourse flotation

UAE-based private equity firm Ithmar Capital has picked Credit Suisse and Deutsche Bank to manage the flotation of a vehicle it hopes to list on the Dubai bourse by year end, sources close to the matter told Reuters. Ithmar is aim

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Credimax launches new campaign for Japan customers

CrediMax, a credit card issuer and acquirer, has launched a new campaign for customers of Japan Credit Bureau (JGB) credit cards. The offers and benefits under the campaign include a monthly draw on a 2014 Lexus ES 350, free entra

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Al Etihad Credit to issue consumer credit reports

Al Etihad Credit Bureau is set to issue consumer credit report to financial institutions which have submitted historical credit data to the bureau, from the beginning of September. The credit reports will include records about con

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Unatrac extends, re-prices $700m syndicated loan

Unatrac Holding, a leading Caterpillar dealer, has amended, extended and re-priced a $700 million syndicated revolving credit facility originally signed in June last year.   Barclays Bank and Citi acted as joint

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StanChart unveils new credit card in UAE

Standard Chartered has launched the Visa Manhattan Platinum Credit Card, which has been designed to complement the lifestyle of the young, entertainment focused and affluent segment in the UAE.    The new ca

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Emirates Steel gets $1.3bn funding for expansion

Abu Dhabi based Emirates Steel, a Senaat company, said it has secured new credit facilities worth $1.3 billion from a consortium of 19 leading local and international banks without government guarantees. The transaction reflects E

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Burgan, Qatar Airways unveil new credit card

Burgan Bank, a leading Kuwaiti bank, has launched a new co-branded credit card with Qatar Airways and Mastercard.   The Burgan Bank Qatar Airways card with its platinum and gold variants will be offered on the Ma

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Burgan, Qatar Airways unveil new credit card

Burgan Bank, a leading Kuwaiti bank, has launched a new co-branded credit card with Qatar Airways and Mastercard.   The Burgan Bank Qatar Airways card with its platinum and gold variants will be offered on the Ma

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