Monday 19 November 2018

Bahrain forum to develop business leadership

FinMark Communications, in cooperation with Tamkeen, Bahrain Islamic Bank (BISB) and Zain Bahrain, are set to hold the next event forum of the Women’s Professional Leadership Initiative (WPLI), “Activate Your Potential”. The event will be held today (November 19


UAE Economic Planning Forum begins Tuesday

The fifth UAE Economic Planning Forum will launch tomorrow (November 20) in Sharjah under the slogan, 'Future Economy Accelerators. Knowledge, Innovation, and Developing Human Cadres’, a media report said. The Forum is hosted by the Sharjah Economic Development Departme


800 delegates for top trade event in Abu Dhabi

Over 800 people, including more than 200 leading government officials are expected to take part in the upcoming 5th International Trade Development Week in Abu Dhabi, UAE, a media report said. The annual conference, which is organised by the Ministry of Economy, will be launched


Bahrain FinTech event to offer Blockchain training

Bahrain FinTech Bay’s upcoming global blockchain conference BlockOn 2018 - Redefining Finance will train C-level executives, innovation leaders and developers in Blockchain theory and its practical application. The event is taking place on November 22 at the Wyndham Grand,


Bahraini banks post $873m nine-month profits

Bahrain's seven local retail banks listed on the Bahrain Stock Exchange posted a net profit of $ 873 million in the first nine months of 2018, 14 per cent increase over the same period last year, the Bahrain Association of Banks (BAB) said. Dr Wahid Al Qassim, CEO of the BAB,


UAE issues 537,000 business licenses by October

A total of 537,000 business activity licenses has been issued by the end of October 2018, 1 per cent up from August of the same year, state news agency Wam reported, citing the Ministry of Economy's statistics. The growth reflects the economic uplift recorded since t


Boursa Kuwait launches new Over the Counter Market

Boursa Kuwait has announced the launch of an Over the Counter Market (OTC), a new trading platform for those companies that are not listed on the bourse. The new market will serve as a trading platform for companies that are not listed on Boursa Kuwait. OTC transac


DFM achieves 100pc Q3 disclosure compliance

Dubai Financial Market (DFM) has announced that its listed companies have recorded a 100 per cent compliance regarding the disclosure of the third quarter results within the deadline of 45 days from the end of the period. The total number of UAE companies as well as the dually-li


Emirates NBD real estate trust wins $75m funding

Emirates NBD Asset Management said its shari’a-compliant real estate investment trust has secured a $75 million Murabaha finance facility from Standard Chartered Bank for a term of three years with an accordion option to upsize the facility to $100 million. ENBD REIT said t


GIB closes $500m financing facility

Gulf International Bank (GIB) announced that it has successfully closed a $500 million three-year financing facility with a group of lenders.   The lenders comprise First Abu Dhabi Bank, HSBC Bank Middle East Limited Natixis DIFC Branch, Riyad Bank, Mizuho Bank

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