Saturday 12 July 2014
 
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banking

Banking programme to boost skills of students

A top banker has called for renewed emphasis on training for Bahraini students to "help build a knowledge-based workforce". According to Bahrain Association of Banks (BAB) chief executive Robert Ainey these are very comp

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AUB reopens branch after renovation

Ahli United Bank (AUB) has announced the reopening of its Sanabis branch, resuming full banking services to its large base of retail and commercial customers in the area and beyond. The branch reopened following a complete renovat

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Oman banking system 'resilient to shocks'

Oman's banks have enough capital to withstand the impact of severe shocks to the country's economy, the central bank said, after conducting stress tests on the banking system. "Thanks to the comfortable capital levels

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Al khaliji launches ‘Premium Banking’ in UAE

Al Khaliji France, a wholly-owned subsidiary of Qatar-based Al Khalij Commercial Bank, has launched its ‘Premium Banking’ service to premium customers in the UAE.   Al khaliji France’s Premium B

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Menacorp in key role at UAE finance expo

Menacorp, a leading investment bank in the UAE, said it is playing a key role at inaugural edition of the 'Banking & Finance Expo' in Abu Dhabi as a silver sponsor. The five-day event is being held under the patronage

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GCC banks back on double digit growth path

The banking industry in the Middle East returned to double digit revenue growth in 2013 with a 10.7 per cent increase, stemming largely from international acquisitions, according to a recent study. Middle East banking revenues con

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Oman sets up financial stability panel

Oman's government and regulators have set up a "financial stability committee" to monitor and manage risks in the banking and capital markets, the finance ministry said. The creation of the committee follows a sugges

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Banking giants set for Saudi summit

Senior banking leaders and representatives of major financial institutions will be in Riyadh this May to participate in the 9th Euromoney Saudi Arabia Conference. The conference, which was named as the “best national and reg

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Bahrain forum looks at banking sector issues

Senior representatives from Bahrain’s banking industry are joining regulators and policy makers to discuss the challenges and opportunities for the kingdom’s financial services industry at a forum today (March 24). &nb

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Al Baraka approves $82m cash dividends

Al Baraka Banking Group (ABG) shareholders have approved cash dividend payout and bonus share issue amounting to $82.3 million besides the bank's move to raise its capital to $1.09 billion. This came about during the Bahrain-b

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