Sunday 31 August 2014
 
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Financial Services

Shuaa revenues up 46pc in H1, top $31m

Shuaa Capital, a Dubai-based integrated financial services, has reported a 46.1 per cent increase in revenues to Dh116.2 million ($31.6 million) in the first half of 2014, compared to Dh79.5 million during the same period in 2013.

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Standard Life appoints key Mideast head

Standard Life, a leading provider of long term savings and investments, has strengthened its regional senior team by appointing Sean McGuire as head of Bank Distribution in the Middle East. With over 25 years’ experience in

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Atlas Group launches new financial unit

Atlas Group, a leading global provider of fund administration services, has launched a financial group, offering a selection of offshore financial products and advisory services tailored towards professional intermediaries. Atlas Financ

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Bahrain finance sector 'safe from cyber attacks'

Bahrain's matured financial services sector remains better guarded against cyber threats than its neighbours, who have come under attack, according to an expert. Information technology practices followed by the banking sector

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Bahrain financial sector 'shows improvement'

Bahrain's financial sector has already shown an improvement over the first quarter of the year, according to a senior Central Bank of Bahrain (CBB) official. 'Our financial sector is 40 years old and I am lucky to have experience o

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DIFC inks co-op deal with Chinese exchange

The Dubai International Financial Centre (DIFC) said it has signed a MoU with the Chinese Pudong Financial Services Bureau (PFSB) to boost exchange of financial services and development. The MoU sets out the frameworks agreed between the t

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InfoFort offers solutions for finance sector

InfoFort, an Aramex company, offers a suite of solutions dedicated to the financial services industry in the Middle East and Africa. The company recently showcased its market-leading portfolio of solutions at Meftec 2011, Abu Dhabi, the pr

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BMA Capital chairman resigns

BMA Capital, a leading financial services firm in Pakistan, has announced the resignation of Farrukh Hussain Khan from all posts at the company, including his roles as executive vice chairman and board member. Farrukh Khan was one of the f

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CFC closes $45m term loan with StanChart

Kuwait-based financial services provider Commercial Facilities Company (CFC) has closed a $45 million term loan facility with Standard Chartered Bank. The purpose of the facility is funding working capital requirements of CFC and facilitat

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Bahrain cbank to curb unlicensed services

The Central Bank of Bahrain (CBB) has issued for public consultation a draft regulation prohibiting the offering of financial services by any person not licensed by the CBB. The regulation has been issued in accordance with the requirement

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