UAE Exchange 'not accepting' demonetised Indian notesThe UAE Exchange, a leading money transfer service in the region, has clarified that the exchange is not accepting the demonetised currency notes of India's Rs500 and Rs1,000 denomination. The clarification follows fake WhatsA More… |
Demonetisation 'could add $18bn to Indian banking system'The demonetisation of Rs500 and Rs1,000 currency notes by India could add about $18 billion to money supply as the money gets deposited in banks, a report said. The demonitized notes account for 80 to 85 per cent of cash in circul More… |
India abolishes some currency notesIndia today abolished the Rs500 and Rs1,000 currency notes currently in circulation and announced plans to release new notes in a fight against corruption. Prime Minister Narendra Modi in an address to the nation said the ban will More… |
Saxo Bank strengthens capital base with $46m issueSaxo Bank, a leading online trading and investment specialist, has strengthened its capital base by issuing Convertible Tier 2 Notes in exchange for €46.25 million ($49.6 million) and by issuing new equity capital in the am More… |
Post-it maker unveils greener paper-sourcing policySt Paul-based 3M Co, one of the world's largest manufacturers and the maker of Post-it notes, will take new steps to ensure that its suppliers of paper, pulp and packaging provide materials that come from sustainably logged timber. More… |
Post-it maker unveils greener paper-sourcing policySt Paul-based 3M Co, one of the world's largest manufacturers and the maker of Post-it notes, will take new steps to ensure that its suppliers of paper, pulp and packaging provide materials that come from sustainably logged timber. More… |
BCFC closes $53m floating rate notes issuanceBahrain Commercial Facilities Company has closed a US$53 million floating rate, unsecured note issuance due in 2019. Arab Banking Corporation (ABC) was the sole lead manager, while Trowers & Hamlins acted as lead counsel to th More… |
Dentons advises NBO on $600m Note programmeDentons, a major global law firm, has advised the National Bank Oman (NBO) on the establishment of a listed and rated $600 million Euro Medium Term Note programme, and the debut issue of $500 million 3.125 per cent Notes. The Prog More… |
Adib offers low-risk sharia-compliant stocksAbu Dhabi Islamic Bank (Adib) is offering investors low-risk exposure to global sharia-compliant stocks through a new 100 per cent capital-protected note that tracks the Dow Jones Islamic Market Titans 100 index. The launch of the More… |
Conference to be held at Burjeel hospitalNearly 100 international healthcare experts and pioneers will attend a conference on minimally invasive surgery and natural orifice transluminal endoscopic surgery (Notes), which is to begin on May 24 in Abu Dhabi. The two-day con More… |