Etihad Airways’ Treasury department clinched three major awards in this month - two in the UAE at the Association of Corporate Treasurers Middle East (ACT ME) annual awards, and one in the UK at the Adam Smith awards.
Egypt plans to issue a $950 million one-year Treasury bill open to both local banks and international financial institutions next week, the central bank said on Thursday.
It said the auction deadline was January 12, and the dollar
Abu Dhabi National Energy Company (Taqa) has appointed Suhail al-Shamsi as group vice president of treasury and member of the company's global management team, it said on Sunday.
Shamsi, who joined Taqa in 2010, takes over the
Companies even partly owned by individuals sanctioned by the US government could find themselves blacklisted as the result of a rule change announced on Wednesday by the Treasury Department.
Treasury, which is responsible for applying a
Senior financial and treasury professionals in the Middle East are bullish about the prospects for their companies' business in the coming 12 months despite dollar liquidity challenges, a report said.
A resounding 73 per cent are optimist
Mubadala Development Company, the Abu Dhabi-based strategic investment and development company, last night won the Large Treasury Team of the Year award at the Association of Corporate Treasurers Middle East (ACTME) 2011 Awards.
US Treasury Secretary Timothy Geithner holds talks with European finance ministers on Friday on the possibility of leveraging the euro zone's bailout fund to help resolve the debt crisis.
Washington set up an emergency fund to support US l
China's central bank governor urged Washington on Wednesday to act responsibly to deal with its debt issues, saying uncertainty in the US Treasuries market will undermine the international monetary system and hamper global growth.
US Treasury Secretary Timothy Geithner told Congress he would start tapping into federal pension funds on Monday to free up borrowing capacity as the nation hits the $14.294 trillion legal limit on its debt.
The US Treasury will issue $72