Monday 21 April 2014
 
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Financial

Bahrain urged to protect financial information

Bahrain has been urged to introduce strict conditions to ensure classified financial information is not leaked to public.   The Bankers Union says the findings of a government inquiry that confidential documents

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DFM reports 96.7pc disclosure of annual results

Dubai Financial Market (DFM) said its UAE listed companies have shown a 96.7 percent compliance to disclose their annual results for 2013 within the three-month deadline from the end of the financial year.   As m

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Qatar regulator reprimands RBS over staff training

Qatar's financial regulator has reprimanded Royal Bank of Scotland for insufficient training of its branch staff, it said on Tuesday. "Although RBS QFC had a programme in place, it was deficient in a number of material re

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Financial crime prevention in focus

International law firm Trowers & Hamlins are set to host a seminar about the Middle East’s biggest financial collapse caused by financial crime on March 3 in Muscat. The breakfast seminar, which will be held at the Grand

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Sico net profit surges 76pc in 2013

Bahrain-based Securities and Investment Company (Sico) has reported a consolidated net profit of BD5.1 million ($13.5 million) for last year, up 76 per cent when compared to BD2.9 million registered in 2012. The bank's operati

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Experts to debate region’s economic outlook

Chief economists and experts are set to debate regional and global economic outlook on financial strategy at an upcoming forum in Bahrain. The Euromoney GCC Financial Forum will take place on March 4 and 5 at the Ritz-Carlton Hote

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Bahrain pledges action over audit report

Bahrain's Crown Prince last night pledged action over issues and violations highlighted in the Financial Audit Bureau report. This came as His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Com

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Financial Times says sorry to Bahrain

International newspaper the Financial Times has apologised for mistakenly identifying Foreign Minister Shaikh Khalid bin Ahmed Al Khalifa as a prisoner at Guantanamo Bay. The London-based daily published a photograph of Shaikh Kha

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India seeks Iran's financial guarantees for ships

India has asked Iran to provide financial guarantees before Delhi continues to allow vessels with Iranian insurance cover to enter Indian waters, the latest sign of difficulties Iran is facing in exporting oil. Iran and world powe

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UAE financial advisers see ‘strong growth’

The UAE is one of the strongest markets for financial advisers globally, with great potential for further growth if current challenges are overcome, said a study. About 40 per cent of UAE advisers said their business is growing st

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