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NRIs prefer family to experts on money mattersAbout 44 per cent of the Indian expatriates living in the UAE depend on family members for their financial planning instead of seeking professional advice, said a survey conducted by Standard Life, a leading savings and investments company. More… |
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Delta Partners wins DFSA licencesDelta Partners, a leading TMT management consulting and investment specialist in high-growth markets, has won two licences from the Dubai Financial Services Authority (DFSA). & More… |
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Audit finds irregularities in key Bahrain firmsA National Audit Court (NAC) report for Bahrain for 2011-12 has highlighted serious financial and administrative irregularities in ministries, government bodies and state-owned establishments. The report - a copy of which was pres More… |
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Cyber attacks 'mainly an insider job'The existing policy of allowing employees liberal access to a company's information technology systems is the main cause for cyber attacks in Bahrain, said a top Interior Ministry official. "In several prominent Bahraini More… |
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GFH in talks to develop key Tunisian projectBahrain investment bank Gulf Finance House (GFH) is in advanced talks with Tunisian government to develop its flagship project in the country, Tunis Financial Harbour (TFH), which will be North Africa’s first offshore financial centre. More… |
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Gulf deposits in Jersey top $33bnTotal deposits from the Gulf countries in Jersey, one of the world’s leading international finance centres, reached GBP21.2 billion ($33.1 billion), accounting for 14 per cent of total deposits in Jersey's financial sector, said a report. More… |
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Souqalmal upgrades; covers Saudi, KuwaitSouqalmal.com, an interactive portal offering information on a range of financial products, has launched its version 2.0 in the UAE and has also expanded to cover Saudi Arabia and Kuwait in Arabic and English. The first independent financi More… |
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GCC financial sector growth continuesGCC's financial sector continues to grow with an increase in the number of financial institutions in the region's all main centres, recent reports said. The Gulf Financial Centres statistical survey carried out by Euromoney Conferences sho More… |
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Swift ready to expel Iran from networkThe world's biggest electronic banking system is ready to block Iran's central bank from using its network to transfer funds, a US congressional aide said on Friday after a briefing from the Belgium-based group earlier this week. Such a mo More… |
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New MD for Credit Agricole EgyptCredit Agricole Egypt (CAE), a leading provider of banking, financial and investment services in the region, has appointed François Edouard Drion as its new managing director. The appointment comes following the retirement of Henri Guillem More… |
