Search Results for: UAE
Banque Internationale À Luxembourg Opens DIFC Branch
October 31st, 2014
Banque Internationale à Luxembourg (BIL), the oldest bank in Luxembourg, announced on October 27, 2014, that it has opened its first United Arab Emirates (UAE) branch in the Dubai International Financial Centre (DIFC). The bank said the opening of ...
DGCX launches to new pairs of Mini Indian Rupee Futures
October 30th, 2014
The Dubai Gold and Commodities Exchange (DGCX), which has commenced trading in November 2005 as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East., announced the launch of two new pairs of ...
PwC ‘voice of the customer’ on growth strategies for Islamic Banks
October 29th, 2014
Islamic banks may be missing a huge opportunity within the Muslim population due to a perception gap, according to a PwC report What customers want, a voice of the customer survey of GCC banking customers. A perception seems to ...
Mashreq Bank retail chief insists the bank does not cold call customers
October 27th, 2014
Mashreq Bank has insisted that it does not engage in cold calling of residents, according to the bank’s UAE head of retail banking. Despite the practice being outlawed by authorities in the UAE since 2011, there have been numerous ...
Investment environment improved for UK SMEs who are ‘back in the game’
October 24th, 2014
Small and medium sized enterprises (SMEs) around the world have seen confidence levels rise and economic outlook improve drastically in the twelve months to mid-2014, according to findings from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute ...
MetaQuotes Software obtains representative in South Africa
October 16th, 2014
MetaQuotes Software announced its further expansion with Derivative System Technologies act as its agent in South Africa. Recently, MetaQuotes Software has also introduced MetaFintech as its new representative office in the UAE. The new representative office will be responsible for the promotion of ...
Oil Companies Turning Away From The Middle East
August 20th, 2014
The violence and cutthroat politics of the Middle East, combined with declining oil and gas production levels, has triggered a subtle but significant shift away from what has long been the center of the energy industry to other regions ...
HSBC reports pretax profit of $1 billion on MENA operations
August 5th, 2014
HSBC has reported that its profit before tax for H1 2014 in the Middle East and North Africa is up nine per cent on both reported and constant currency bases. On an underlying basis, profit before tax increased by ...
Saudi market opening for direct access a boost to MENA
July 24th, 2014
Following a cabinet approval, the largest equity market in the MENA region, the Kingdom of Saudi Arabia, should soon become open for direct foreign investments. The move would finally come to pass once the Capital Market Authority (CMA) formalises ...
UAB announces net profit of AED 328 million for H1 2014
July 21st, 2014
UAB, recently recognized as the fastest growing bank in the region, announces a net profit of AED 328 million for the first six months of the year, an increase of 26 per cent over H1 2013. Sheikh Faisal Bin ...
