Smart Payment Association releases total market estimate 2014 figures
In 2014, over 2050 million chip payment cards were shipped across the world. The figure was reached just three years…
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QBIC and QFBA partner for future business development
Qatar Business Incubation Center (QBIC) and Qatar Finance and Business Academy (QFBA), signed a memorandum of understanding on May 3rd,…
ADIB net profit for Q1 increases 10.1%
Abu Dhabi Islamic Bank (ADIB) Group has reported a net profit of AED 450.8 million for the first quarter of…
Banks use loopholes to hike Emiratisation
Many Emiratis working in banks complain of being ill-treated and marginalised; say they are appointed in junior positions or are…
Kuwait's Burgan Bank Q1 net profit rises 2 pct, misses estimates
Burgan Bank, Kuwait's third-largest lender by assets, reported a 2 percent rise in first-quarter net profit on Monday, missing analysts'…
White & Case appoint new UAE partner to Global Capital Markets Practice
“We continue to see the Middle East emerging as a financial centre and Islamic finance becoming an increasingly significant option…
Private banks flock to Gujarat IFSC
India's top banks have branches in the Dubai International Financial Centre but India’ first international financial services centre coming up…
BankDhofar Awarded 'STP Award 2014' by Commerzbank
In recognition of its high quality Straight-Through-Processing (STP) of Euro payments and financial transactions, BankDhofar has received the prestigious 'STP…
Saudi finalises rules for foreign opening of equity markets
Saudi Arabia’s capital markets regulator said on Monday it has finalised rules ahead of the opening up of its $550…
Simmons & Simmons advises Vodafone Qatar on switch to Islamic finance
International law firm Simmons & Simmons has advised Vodafone Qatar on the successful refinancing of $330 million of conventional external…
Emirates Islamic wins 'Best Prepaid Card' at the sixth annual Prepaid: Middle East Awards
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, today announced that it had won the…
Oman Insurance Company Signs a Corporate Pension Plan with Aircrew Protection International
Oman Insurance Company (OIC) announces its selection as a preferred provider for Aircrew Protection International (API) offering airline pilots life…