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Rakbank bags gold for AMAL TVC
(AME Info - 19/06/2013) Rakbank was announced the winner of the Gold Summit Creative Award (SCA) for its AMAL Launch Television campaign during the recent 2013 Summit International Award (SIA) held in the United States. RAKBANK's campaign was chosen from 5000 submissions from ...
KFH capital increase subscribed amounts
(Press Release - 19/06/2013) Kuwait Finance House KFH Chairman Muhammad Ali Al-Khudairy said: The subscription process in the capital increase of 20% approved by the Extraordinary General Assembly on April 24th 2013 by a value of 500 fils per share (100 fils par value and 400 fils ...
QNB named Best Bank in Qatar and Middle East for 3rd consecutive year
(AME Info - 19/06/2013) Qatar National Bank (QNB), has been the recipient of two industry recognised awards from the Banker Middle East. QNB was awarded the 'Best Bank in Qatar' Award and was additionally recognised on a regional level as it won the 'Best Bank in the Middle ...
KFHR and INCEIF, The Global University of Islamic Finance Sign MoU
(Press Release - 19/06/2013) Kuwait Finance House Research Limited (KFHR), a subsidiary of Kuwait Finance House (KFH group), today announced the signing of a Memorandum of Understanding (MoU) with The Global University of Islamic Finance (INCEIF). The MoU will ensure significant ...
NBAD Named Employer of the Year
(Press Release - 19/06/2013) The Higher Colleges of Technology (HCT) named the National Bank of Abu Dhabi (NBAD) Employer of the year for its outstanding support for the College during the 2012-2013 academic year. NBAD’s support for UAE’s academic institutions is part of its ...
Qatar Airways picks US firm for nacelle service
(Trade Arabia - 19/06/2013) Qatar Airways picks US-based UTC Aerospace to provide a suite of nacelle maintenance, repair and overhaul (MRO) services for selected Airbus aircraft operated by the flag carrier. The agreement for services covers Airbus A300 aircraft powered by Pratt & ...
The Abraaj Group acquires 100% stake in leading African business
(Press Release - 19/06/2013) The Abraaj Group, a leading investor operating in growth markets, today announced its agreement to acquire a 100% stake in Fan Milk International (“FMI”), West Africa’s market leading manufacturer and distributor of frozen dairy products and juices. ...
Saudi banking sector - rerating of valuations closer says NCB Capital
(CPI Financial - 19/06/2013) "The outlook on Saudi banks remains strong despite the marginal downward revisions in our estimates," reported NCB Capital. "We do not incorporate the recent rise in the yields of the US10Y Treasuries but we expect NIMs to bottom out in 2013E as was the ...
BisB appoints Abdul Razak Al-Qassim as Board Chairman
(CPI Financial - 19/06/2013) Abdul Razak Abdulla Hasan Al Qassim has been appointed the new Board of Directors Chairman in place of Khalid Abdulla Al Bassam, who resigned after eight years in the post. Bahrain Islamic Bank (BisB) appointed Al Qassim at a meeting held on Tuesday (18 ...
ANB plays pivotal role in financing key projects in the Kingdom
(Arab News - 19/06/2013) Established in 1979, the bank commenced commercial operations in February 1980 with one branch in Jeddah, having acquired the local operations of Arab Bank plc. headquartered in Amman, Jordan. The ownership structure remains at 60 percent Saudi, and 40 ... |
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