Search Results for: cpi
IMF update on the UAE economy
November 6th, 2014
At the conclusion of the visit, Mr. Finger issued the following statement today in Dubai, “Economic recovery has continued at a solid pace, supported by construction, logistics, and hospitality. Ongoing public projects in Abu Dhabi and continued strength in ...
Emirates NBD Securities wins ‘Mobile Trading Award 2014’ by DFM
November 6th, 2014
The award was presented to Abdulla Al Hosani, General Manager of Emirates NBD Securities, by Hassan Al Serkal, Executive Vice President, Chief Operating Officer (COO), and Head of Operations Division at DFM. Accepting the award, Abdulla Al Hosani, said: ...
DIFC Investments prices $700 million Sukuk
November 5th, 2014
Ahead of the Sukuk issuance, DIFCI was assigned a BBB- issuer credit rating by S&P. Shortly after receiving its credit rating, DIFCI undertook an extensive marketing strategy covering Abu Dhabi, Dubai, Hong Kong, Singapore, and London. The main aim ...
Commercial Bank of Kuwait cancels KWD 120 million bond
November 5th, 2014
In a statement to the Kuwait Stock Exchange on Tuesday, 4 November, Commercial Bank of Kuwait (CBK) announced that it was cancelling the sale of its proposed KWD 120 million bond. The bank said the decision was taken as ...
GAIN Capital to acquire City Index
November 4th, 2014
New York-based forex trading firm GAIN Capital Holding has entered into a definitive agreement to acquire City Index (Holdings) Limited, a leading online trading firm specializing in contracts-for-difference (CFDs), forex and UK spread betting, for approximately $118 million, or ...
Government of Dubai repays AED 7.1 billion liabilities
November 4th, 2014
The Department said it has recovered all Sukuks by repaying the amounts required by holders of Sukuks with due revenues through the agent. Abdul Rahman Saleh Al Saleh, Director-General of the department, said the repayment in time reflects the ...
Australia 200 – Starts to Settle Within 5400 – 5500 Range
October 30th, 2014
Australia 200 for Thursday, October 30, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...
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 ...
Australia 200 – Eases Away in Reaching for Key 5400 Level
October 23rd, 2014
Australia 200 for Thursday, October 23, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Islamic Bank of Britain changes name to Al Rayan Bank
October 23rd, 2014
Islamic Bank of Britain plc (IBB) today announced that, subject to formal shareholder approval, it plans to change its name to Al Rayan Bank PLC. The change will be completed in December 2014. The rebrand follows IBB’s acquisition, earlier ...
