Sunday 28 December 2014
 
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Credit

Financial profiles of banks to strengthen in 2015

The standalone creditworthiness of banks across the globe will continue to stabilise in 2015, a report said. At the same time, the number of negative banking system outlooks has risen, primarily reflecting the potential for a decl

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Credit card data theft and cyber criminals in focus

With Christmas around the corner, the shopping frenzy will begin as consumers find good deals and retailers increase their sales revenues, but they are not the only ones that benefit from the shopping craze, according to an expert.

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Credit card data theft and cyber criminals in focus

With Christmas around the corner, the shopping frenzy will begin as consumers find good deals and retailers increase their sales revenues, but they are not the only ones that benefit from the shopping craze, according to an expert.

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Qatar October credit growth lowest since 2006

Bank credit growth in Qatar slowed to 6.1 per cent year-on-year in October, the lowest rate since at least 2006, from 12.4 per cent in the previous month, central bank data showed on Sunday. Money supply (M2) growth accelerated to 13.3

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ANB signs $692m finance deal with Huta Marine for Saudi port

Arab National Bank has signed a credit finance package worth SR2.6 billion ($692.8 million) with Huta Marine Works to finance the construction and development of the King Abdullah Port (KAP) project in Saudi Arabia. The bank is the mand

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AkzoNobel details carbon credits methodology benefits

Two ship owners are due to be awarded a combined total of almost $500,000 when the first claims resulting from a new carbon credits methodology developed by AkzoNobel and The Gold Standard Foundation are finalised next year.  

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Visa cardholders spent $4bn during Ramadan

Visa cardholders in Mena spent on $3.98 billion across all Visa products, credit, debit and prepaid during the 2014 Ramadan, reflecting a 16 per cent increase over the same period last year, a report said. The findings were releas

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Ithmar seeks $436m Dubai bourse flotation

UAE-based private equity firm Ithmar Capital has picked Credit Suisse and Deutsche Bank to manage the flotation of a vehicle it hopes to list on the Dubai bourse by year end, sources close to the matter told Reuters. Ithmar is aim

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Credimax launches new campaign for Japan customers

CrediMax, a credit card issuer and acquirer, has launched a new campaign for customers of Japan Credit Bureau (JGB) credit cards. The offers and benefits under the campaign include a monthly draw on a 2014 Lexus ES 350, free entra

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Al Etihad Credit to issue consumer credit reports

Al Etihad Credit Bureau is set to issue consumer credit report to financial institutions which have submitted historical credit data to the bureau, from the beginning of September. The credit reports will include records about con

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