Wednesday, December 19, 2018

Standard Chartered Announces Rola Abu Manneh as Chief Executive Officer in UAE

Dubai - Standard Chartered today announced Rola Abu Manneh as the new Chief Executive Officer for its business in the UAE. Rola succeeds Julian Wynter, who will be retiring following 26 years of service...

UAE inflation rises 4% in July – FCSA

Abu Dhabi – Mubasher: The UAE’s inflation rose to 3.78% in July, compared to 3.29% a month earlier. Cost of Living Index rose to 111.4 points last month versus 107.38 in June, according to a...

This Middle East city offers among the lowest rates for used cars

Mapping the World's Prices report by Deutsche Bank showed Dubai is among the cheapest to buy mid-size cars while Singapore is the most expensive <!-- -->Hammad said  many pre-owned vehicles...

Bank Sohar closes $250m loan facility

MANAMA: Bank Sohar has closed a $250 million three-year syndicated loan facility in a move to extend financing solutions for Oman’s consumer and business segments. The facility was raised as part of the bank’s comprehensive...

Most influential foreigner in the UAE, Forbes list revealed

Paul Griffith, chief executive of Dubai Airports, is the most influential foreigner 2018 in the UAE , according to Forbes Middle East. Forbes ranked its 50-member as per their impact and contribution to the country's economy. Majid...

EPS for H2O Innovation Inc. (HEO) Expected At $-0.02

<!-- Trending Stock News --> September 1, 2018 - By Adrian Mccoy Analysts expect H2O Innovation Inc. (CVE:HEO) to report $-0.02 EPS on September, 27.They anticipate $0.02 EPS change or 50.00 % from...

Banking Tech North Africa Week

Join us at the Banking Tech North Africa Week taking place from 5-7 November 2018 at The Nile Ritz Carlton, Cairo, Egypt, which will demonstrate innovative strategies to help banks remain competitive in the age...

StanChart names new chief risk officer

Standard Chartered has appointed Faisal Abu Shaar as chief risk officer, Middle East; Country chief risk officer UAE; and head, Risk, Islamic Banking.Abu Shaar  has been with the Bank for the last seven...

Rich UAE expats target Caribbean for second passport

The Caribbean countries have seen a surge in demand in theirs citizenship-by-investment schemes as more high-net-worth expats from the UAE are seeking a second passport. The demand for a second passport among expatriates...

Ruling on Abraaj cheque bounce case postponed to Tuesday

Mubasher: The judgement on the lawsuit filed against Arif Naqvi, founder of the private UAE equity firm Abraaj, has been adjourned to Tuesday, 28 August.  A Sharjah court has heard the cheque bounce...