Press Releases

Dubai, 3rd Feb, 2013: Eros Group, leading distributor for consumer electronics in the UAE, was felicitated at the 5th ESEA E-Services Excellence Awards as Best Re-Exporter of the Year 2012.  The E-Service Excellence Award is an annual award organized by Dubai Trade to encourage “e-transformation” in trade and logistics and to recognize the most active online performers throughout the year. …

NBAD’s annual forum attracts decision makers and thinkers Abu Dhabi (January 31, 2013) – The 2013 Global Financial Markets Forum (GFMF) will begin with a keynote speech by David Miliband, British Shadow Foreign Secretary and former Secretary of State for Foreign and Commonwealth Affairs, and continues with the special appearance of a former head of state who will speak on …

Dubai; UAE, 30th January 2013: Mashreq Asset Management had a big night at the, ever growing, 2013 Mena Fund Manager awards for the 3rd year running. As in previous years, Mashreq bagged multiple awards, and this year is another achievement to be recognized for its Equity accomplishments along with the Fixed Income awards the bank received in the past. The …

Supporting Trade and Investment in Africa ICIEC and NEXIM Sign Agreements to support exports in Nigeria  Jeddah, KSA – The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC),  member of Islamic Development Bank Group and Nigerian Export – Import Bank (NEXIM), signed a cooperation framework agreement and a local agency agreement today, Wednesday, January 30th, 2013 at …

Highlights – FY 2012 Net profits up 16.8% to AED 4,332 Million Higher investment income and interest income drove strong earnings growth Total assets increased 17.6% year to date to over AED 300 Billion Highlights – 4Q 2012 Net profits were up 54.8% to AED 1,120 Million Impairment charges were lower by 24% to AED 365 Million Abu Dhabi-(January 29, …

Additional key hires in London to support growing customer base London, 28 January, 2013 – Volante Technologies, a global leader in the provision of innovative financial data integration, today announced the opening of an office in Dubai to serve the Middle East and Africa (MEA) regions.  Mick Fennell, General Manager, MEA has been appointed to run the Dubai operation, reporting …

To showcase RMB insights from industry experts  UAE, 21 January, 2013 – Standard Chartered held today a breakfast Seminar titled:”The Renminbi: What’s your next move?”. The event, jointly held by the bank and the Hong Kong Monetary Authority (HKMA), offered industry experts the opportunity to share with participants the latest views and insights on the Renminbi (RMB) and its developments. …

UAE Ministry of Foreign Trade’s Annual Investment Meeting to host international gathering on the emerging international economic landscape AIM Congress 2013 announces patronage of His Highness Sheikh Mohamed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai Global leaders and economic experts to discuss growth prospects of frontier and emerging markets Dubai, United Arab Emirates; 21 …

Abu Dhabi (January 20 2013) – The fifth Global Financial Markets Forum (GFMF), the annual conference organized by the National Bank of Abu Dhabi (NBAD), will bring to Abu Dhabi several Arab central bankers and an array of well-known international statesmen and leaders, who will provide a comprehensive forecasts and analysis of current events. H.E. Sheikh Nahyan bin Mubarak Al …

The 9th Annual Middle East Insurance Forum (MEIF 2013) to Discuss Key Strategies for Maintaining Growth Momentum while Boosting Profitability in the Regional Insurance Market Manama, Bahrain: 15th January 2013: More than 500 leading players, industry thought leaders and key regulators in the regional and international insurance industry are set to gather in the Kingdom of Bahrain on the 4th …

Dubai, December 18, 2012: Visa, the leading global payments technology company, today announced the launch of its exclusive Visa Signature premium card in the Middle East region. The newly-introduced premium card focuses on providing an affluent segment of customers with attractive and exclusive travel, dining and lodging privileges, offered both locally and globally. Offering a superior way to pay, with …

Bank to launch enhanced cash and liquidity management tools  United Arab Emirates, 16 December, 2012 – Standard Chartered recently held a client conference focusing on liquidity management, which is the lifeblood of organisations. “Managing Liquidity in a Dynamic economic Environment” was an exclusive event attended by a select group of senior finance and treasury executives to discuss optimization of cashflow …

Card also holds the distinction for being the first multi-currency prepaid travel solution in the Middle East and Africa Bahrain, 16 December, 2012 – MasterCard , the global payments and technology company has launched ‘My Card’, the world’s first MasterCard Platinum Prepaid Travel Card in the Middle East. My Card, which is also Middle East and Africa’s (MEA) first multi-currency prepaid travel …

Dubai, UAE and Copenhagen, Denmark, December 12, 2012 Kim Sindberg and Lakshmanan Sankaran have released the “Pocket Guide Series for International Trade.” It is a Trade Finance App for iPad and iPhone. The name of the App is “Pocket Guide Series for International Trade.” It is a series of short and convenient guides related to international trade, similar to the …

London, Decembre 12th, 2012 – CGA, Societe Generale’s French factoring subsidiary, has finalised in December a deal to provide factoring services to Air France. Through close dialogue and cooperation, CGA was able to tailor their services to suit Air France’s needs, offering non-recourse factoring up to an agreed amount of EUR 250m. his operation is a new step in the close …

12 December 2012, UAE – Standard Chartered Bank has announced the launch of an Islamic version of its award-winning online banking platform, Straight2Bank. The enhanced platform expands client access to the Bank’s Islamic products by providing its growing Islamic customer base a secure online portal that is compliant with Shariah laws. The existing Straight2Bank platform was enhanced to meet the …