Thursday 18 December 2014
 
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commercial

Khaleeji Commercial posts $5.8m net profit

Khaleeji Commercial Bank (KHCB), a leading Islamic retail bank in Bahrain, has recorded a net profit of BD2.21 million ($5.8 million)  for the first nine months of the year, as compared to a net loss of BD30,000 for the same period last yea

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Bahrain real estate firm names new chief

Bahrain-based Commercial Real Estate Development Company has appointed Fawaz Ibrahim as its new chief executive. Ibrahim has more than 17 years of experience in real estate and financial investment, including real estate services,

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Khaleeji Commercial signs $18m finance deal

Khaleeji Commercial Bank (KHCB), a Bahrain-based Islamic retail bank, has signed a new corporate financing deal for a new specialist hospital in the kingdom. Under the agreement, the bank will provide BD7 million ($18 million) finance f

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RSG unveils new Dubai commercial property

RSG International, a prime real estate and property developer, has announced the launch of its new commercial boutique building project at Bay Square in Dubai, UAE. The new Building No 4 project has been segregated into 60 per cen

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Al Baraka appoints VP, commercial banking head

Al Baraka Banking Group (ABG), a Bahrain-based Islamic banking group, has appointed Mohammed Abdullah El Qaq as senior vice-president and head of commercial banking. El Qaq has more than 22 years of experience in commercial bankin

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Abu Dhabi ports witness 37pc cargo growth

Abu Dhabi’s commercial ports have witnessed a significant cargo increase of 37 per cent this year.   Abu Dhabi Port Company’s commercial ports - Musaffah, Khalifa

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Dubai expo lines up best in commercial design

The second edition of Downtown Design, the exclusive hub featuring the best in global commercial design, will kick off in Dubai this October featuring a breath-taking, curated collection of the world’s most influential brands alongside an

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Zain names new chief commercial officer

Kuwait's Zain said it has appointed Duncan Howard as the new chief commercial officer replacing Albert Fernandes, who resigned for personal reasons. Howard joined Zain last September and previously worked for Vodafone and Voda

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CBQ sets final guidance for 5-year bond

Commercial Bank of Qatar (CBQ) has set the final price guidance for its benchmark-sized, five-year, US dollar bond offering in the range of 117 to 120 basis points over mid-swaps, a document from lead arrangers showed on Tuesday.

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80,000 commercial registrations active in Bahrain

An estimated 80,000 commercial registrations (CRs) are currently active in Bahrain, according to Industry and Commerce Minister Dr Hassan Fakhro.   In his response to a question from parliament's financial an

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