Friday 12 February 2016
 
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finance

Saudi ACWA Power plans to raise $8bn debt

Saudi Arabia's ACWA Power plans to raise $8 billion of debt in the first half of this year to finance projects that will help to boost its generating capacity by a third by the end of 2016, its CEO told Reuters.  

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Finance House posts $16.7m net profit

Abu Dhabi-based Finance House, a leader in commercial and retail financing, financial services and investments, has reported a consolidated net profit of Dh61.7 million ($16.7 million) for 2015, slipping from Dh73.3 million ($19.9 million) achie

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International Islamic Trade Finance to open branch in Dubai

UAE Ministry of Finance has signed a deal with International Islamic Trade Finance Corporation, a subsidiary of the Islamic Development Bank Group, to establish a branch and start its operations in Dubai.   The a

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IRTI to launch free online Islamic finance courses on edX

The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group has signed a deal with leading provider of Massive Open Online Courses (MOOCs), edX, to deliver Islamic banking and finance courses.  

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IRTI to launch free online Islamic finance courses on edX

The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group has signed a deal with leading provider of Massive Open Online Courses (MOOCs), edX, to deliver Islamic banking and finance courses.  

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SME confidence hits new low in UAE

UAE-based small and medium enterprises struggled to raise and collect money during the last quarter, pushing plans to recruit, launch products or open new outlets aside, according to a recent survey.   The Q4 201

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SME confidence hits new low in UAE

UAE-based small and medium enterprises struggled to raise and collect money during the last quarter, pushing plans to recruit, launch products or open new outlets aside, according to a recent survey.   The Q4 201

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Saudi, China financial support to Egypt to ease strains

Saudi Arabia agreed to lend Egypt $20 billion to finance the purchase of oil products over the next five years, according to a report.   This was the latest in a series of financial pledges by Saudi Arabia, China

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Etihad Airways wins top finance awards

Etihad Airways has won two leading global financial accolades at separate award functions in London.   A $700 million landmark five-year finance deal struck by Etihad Airways Partners (EAP) to fund expansion was

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Kuwait's emir urges better management of govt spending

Kuwait's emir has called for better management of spending and for budget cuts to cope with declining revenues due to lower oil prices, state news agency Kuna said on Wednesday, in the second such call by the head of state since October.

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