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Mashreq supports Emirati staff with Educational sponsorships

Mashreq supports Emirati staff with Educational sponsorships Continuing bank efforts to offer various training opportunities United Arab Emirates, 5th February 2013: In line with its Emiratisation strategy and efforts to continue offering suitable opportunities for career growth, leading financial institution Mashreq announced educational sponsorship of Emirati staff within the bank. The move demonstrates Mashreq’s commitment towards nurturing talented UAE Nationals …

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NBAD Launches Groundbreaking Pension & Savings Scheme for Expats

NBAD Wealth Builder offers a range of investment options New service enhances UAE’s attractiveness for best talent Abu Dhabi (February 5, 2013) – NBAD Trust Company (Jersey) Limited, the wholly owned subsidiary of  the National Bank of Abu Dhabi PJSC (NBAD), has launched Today Wealth Builder Plan, an innovative corporate trust solution that allows employers to offer their expatriates staff …

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Bahrain Kuwait Insurance Company (B.S.C.) Wins the Middle East Insurance Forum (MEIF) Institutional Excellence Award 2013

Manama, Bahrain: 05 February 2013: Major achievements, innovations and excellence in the regional insurance industry were recognised at the 9th Annual Middle East Insurance Forum (MEIF 2013) award ceremony held yesterday at the Gulf Hotel in the Kingdom of Bahrain. The annual MEIF Institutional Excellence Award, which is one of the oldest and most prestigious in the industry, is designed …

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Bank of America Merrill Lynch Launches CashPro Accelerate® in Asia Pacific

February 5, 2013  Bank of America Merrill Lynch Launches CashPro Accelerate® in Asia Pacific  Innovative Cash Management Reporting Solution Rolled out in 12 Markets HONG KONG — Bank of America Merrill Lynch Global Transaction Services (GTS) today announced the launch of the CashPro Accelerate® reporting solution across Asia Pacific. CashPro Accelerate is now available to treasury management clients in 12 …

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The 9th Annual Middle East Insurance Forum 2013 set to begin on the 4th of February in the Kingdom of Bahrain

The region’s largest and most influential annual gathering of insurance industry leaders set to gather more than 500 international delegates as they seek to tackle the challenge of balancing growth with profitability in the Middle East insurance industry. Manama: Kingdom of Bahrain: 3rd February 2013: Leading industry players, thought leaders and key regulators representing the regional insurance industry will take …

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Eros Group awarded Best Re-Exporter of the Year by Dubai Trade

Dubai, 3rd Feb, 2013: Eros Group, leading distributor for consumer electronics in the UAE, was felicitated at the 5th ESEA E-Services Excellence Awards as Best Re-Exporter of the Year 2012.  The E-Service Excellence Award is an annual award organized by Dubai Trade to encourage “e-transformation” in trade and logistics and to recognize the most active online performers throughout the year. …

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David Miliband & James Baker to Speak at GFMF

NBAD’s annual forum attracts decision makers and thinkers Abu Dhabi (January 31, 2013) – The 2013 Global Financial Markets Forum (GFMF) will begin with a keynote speech by David Miliband, British Shadow Foreign Secretary and former Secretary of State for Foreign and Commonwealth Affairs, and continues with the special appearance of a former head of state who will speak on …

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Mashreq funds receives 3 awards at the MENA Fund Manager Performance Awards 2013

Dubai; UAE, 30th January 2013: Mashreq Asset Management had a big night at the, ever growing, 2013 Mena Fund Manager awards for the 3rd year running. As in previous years, Mashreq bagged multiple awards, and this year is another achievement to be recognized for its Equity accomplishments along with the Fixed Income awards the bank received in the past. The …

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ICIEC signs agreements with NEXIM

Supporting Trade and Investment in Africa ICIEC and NEXIM Sign Agreements to support exports in Nigeria  Jeddah, KSA – The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC),  member of Islamic Development Bank Group and Nigerian Export – Import Bank (NEXIM), signed a cooperation framework agreement and a local agency agreement today, Wednesday, January 30th, 2013 at …

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NBAD Reports AED 4.3 Billion Net Profits in 2012

Highlights – FY 2012 Net profits up 16.8% to AED 4,332 Million Higher investment income and interest income drove strong earnings growth Total assets increased 17.6% year to date to over AED 300 Billion Highlights – 4Q 2012 Net profits were up 54.8% to AED 1,120 Million Impairment charges were lower by 24% to AED 365 Million Abu Dhabi-(January 29, …

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Volante expands EMEA operations with opening of Dubai office

Additional key hires in London to support growing customer base London, 28 January, 2013 – Volante Technologies, a global leader in the provision of innovative financial data integration, today announced the opening of an office in Dubai to serve the Middle East and Africa (MEA) regions.  Mick Fennell, General Manager, MEA has been appointed to run the Dubai operation, reporting …

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Standard Chartered, HKMA hold RMB Seminar in Dubai

To showcase RMB insights from industry experts  UAE, 21 January, 2013 – Standard Chartered held today a breakfast Seminar titled:”The Renminbi: What’s your next move?”. The event, jointly held by the bank and the Hong Kong Monetary Authority (HKMA), offered industry experts the opportunity to share with participants the latest views and insights on the Renminbi (RMB) and its developments. …

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UAE Ministry of Foreign Trade’s Annual Investment Meeting to host international gathering on the emerging international economic landscape

UAE Ministry of Foreign Trade’s Annual Investment Meeting to host international gathering on the emerging international economic landscape AIM Congress 2013 announces patronage of His Highness Sheikh Mohamed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai Global leaders and economic experts to discuss growth prospects of frontier and emerging markets Dubai, United Arab Emirates; 21 …

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NBAD Brings Statesmen & Central Bankers to GFMF

Abu Dhabi (January 20 2013) – The fifth Global Financial Markets Forum (GFMF), the annual conference organized by the National Bank of Abu Dhabi (NBAD), will bring to Abu Dhabi several Arab central bankers and an array of well-known international statesmen and leaders, who will provide a comprehensive forecasts and analysis of current events. H.E. Sheikh Nahyan bin Mubarak Al …

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Middle East Insurance Industry Must Shift Strategic Focus: Balancing Growth with Profitability Critical for Sustainable Development

The 9th Annual Middle East Insurance Forum (MEIF 2013) to Discuss Key Strategies for Maintaining Growth Momentum while Boosting Profitability in the Regional Insurance Market Manama, Bahrain: 15th January 2013: More than 500 leading players, industry thought leaders and key regulators in the regional and international insurance industry are set to gather in the Kingdom of Bahrain on the 4th …

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Trade Operations: Documentary Collections and Documentary Letters of Credit

Full URC 522 and UCP 600 training course for new and existing trade operations staff. Foundation course in the understanding of the function and operation of Documentary Collections and Letters of Credit (LCs), including full articles. Product risk characteristics. Different methods of settlement in international trade finance. Operation of Collection and LC processes and procedures. Handling of Collection instructions. Completion …

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