Press Releases

ICAEW: new corporate governance approach needed in today’s business world

APRIL 2015 ICAEW has called for organisations to improve corporate governance policies and practices in order to tackle the challenges of today’s business environment. In a speech this week to the Dubai Global Convention on Leadership for Business Excellence and Innovation, the Institute’s Deputy President, Andrew Ratcliffe, expressed to government officials and business leaders that companies should rethink how they …

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ICC revises DOCDEX rules – enhancing scope, transparency, and efficiency

Singapore, 22 April 2014 – The International Chamber of Commerce (ICC) has revised its DOCDEX rules, a dispute resolution mechanism specifically designed to address trade finance concerns. In addition to widening its scope to address any trade finance dispute, the new rules will also increase transparency and enhance time efficiency. DOCDEX is a rapid, cost-effective, document-based procedure offering international bankers …

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Transforming Strategies to Revitalize Growth: Forging the Next Phase of Progress for Islamic Finance”

Senior executives and international market leaders from the Islamic banking and finance industry representing high-growth markets of Asia, Middle East and beyond to gather in Singapore for the 6th Annual World Islamic Banking Conference: Asia Summit (WIBC Asia 2015) to forge the future path of Islamic finance. Singapore: 20th April 2015: More than 500 leading industry players, thought leaders and …

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Citi: UAE Gateway to Africa for Multinational Business

• Dubai Seminar Explores Citi’s Unparalleled Africa Capabilities • In line with Dubai’s Vision to Serve as Hub for Africa Business Development Dubai-Citi Treasury and Trade Solutions (TTS), the leading provider of cash management and trade services in the region, recently hosted a client seminar titled: ‘The Middle East – Africa Expanding Corridor: Understanding the Potential and Capitalizing on the …

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Senior moves in Standard Chartered Global Research

14 April 2015, Singapore/London – Standard Chartered Global Research has announced two senior appointments, one within its leadership team and the other a key hire to its Greater China Economic Research coverage. Marios Maratheftis becomes Chief Economist, Global with immediate effect. As Head of Economic Research, Marios leads a team of 35 economists based in 12 countries. He joined the …

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Middle East banks’ share of global transaction banking revenues to increase by at least 25% by 2025

Innovative technology will be critical to success, say Middle East banks at iGTB event Chennai(India), London(UK) and Dubai (UAE), March 23, 2015: Middle East banks are set to increase their share of global transaction banking revenues by at least 25%, according to a survey conducted by iGTB, the world’s first complete transaction banking platform. The iGTB Middle East Client Advisory …

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Malaysia’s KW Group announce 3 year MOU with Ministry of Economy, UAE, to host Global Trade Development Week

UAE Ministry of Economy signs three-year MOU agreement with leading Malaysian exhibition & conference company, KW Group, to host mega trade event Abu Dhabi – 20th March 2015 – The UAE Ministry of Economy has signed a Memorandum of Understanding with Malaysian company KW Group Sdn Bhd, organisers of Global Trade Development Week. His Excellency Sultan bin Saeed Al Mansoori, …

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Bahrain makes the top 20 in the MasterCard-CrescentRating Global Muslim Travel Index 2015

Bahrain makes the top 20 in the GMTI 2015 behind Malaysia, Turkey, UAE, Saudi Arabia, Qatar, Indonesia, Oman, Jordan and Morocco In 2014, Bahrain welcomed 2.6 million Muslim visitors. Singapore topped the list for non-OIC countries which also included Thailand, UK, South Africa and France. In 2014, there were 108 million Muslim travellers spending $145 billion. This is expected to …

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SWIFT Holds its Middle East Regional Conference in Jordan

Under Royal Patronage SWIFT Holds its Middle East Regional Conference in Jordan ……………………………………………………………………….. Conference will be held on 30-31 March at the Dead Sea and will be attended by top international and regional bankers Amman/Dubai, 2 March 2015 – Under Royal Patronage, hundreds of top Arab and international bankers and financiers will be attending SWIFT’s annual Middle East Regional Conference, …

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Leading Organisations Support Global Financial Markets Forum 2015

Abu Dhabi (February 23, 2015) – A range of leading institutions and Governmental organisations confirmed their support of the seventh Global Financial Markets Forum (GFMF), organised by the National Bank of Abu Dhabi (NBAD) on March 1st and 2nd at Emirates Palace in Abu Dhabi. The forum will discuss major challenges and opportunities in the world economy from the perspectives …

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GFMF 2015 to discuss world economy challenges and opportunities

NBAD’s annual event attracts decision makers, investors and thought leaders Abu Dhabi (February 15, 2014) – The seventh Global Financial Markets Forum (GFMF), the annual conference organised by the National Bank of Abu Dhabi (NBAD), will discuss major challenges and opportunities in today’s world economy from the perspectives of regulators, asset managers, sovereign wealth funds (SWF), bankers and politicians. H.E. …

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Visa registers 12 percent growth in spend in first two weeks of Dubai Shopping Festival 2015

Spending growth: Restaurants see 31 percent growth in total spend over the previous year; other high growth categories include consumer electronics (22%) and supermarkets (14%) Spending volume: Fashion retail accounts for highest total spend volume of US$151.2 MN Saudi Arabia and UK retain position as top spenders during DSF; Angola registers 97 percent surge in transaction volumes compared to 2014 …

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RiverCrossing Wins Best New Islamic Investment Institution for 2014

Outlines Global Opportunities for GCC Investors for 2015 LONDON & Dubai 15 February 2015: RiverCrossing Capital Partners, an alternative investment management firm dedicated to providing Islamically-compliant opportunities to investors in GCC and Southeast Asia, today announced that it has been named Best New Institution for 2014 by Dubai-based CPI Financial for its Islamic Business & Finance Awards.  RiverCrossing, which invests …

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GFMF 2015 to discuss world economy challenges and opportunities 

NBAD’s annual event attracts decision makers, investors and thought leaders Abu Dhabi (February 15, 2014) – The seventh Global Financial Markets Forum (GFMF), the annual conference organised by the National Bank of Abu Dhabi (NBAD), will discuss major challenges and opportunities in today’s world economy from the perspectives of regulators, asset managers, sovereign wealth funds (SWF), bankers and politicians. H.E. …

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Global Sukuk issuances to reach $145 billion in 2015 

Innovation and diversification provide sustained and significant global growth opportunities for Sukuk Investor base to widen dramatically in the coming years Abu Dhabi, UAE; London, United Kingdom; (February 11th, 2015): The National Bank of Abu Dhabi (“NBAD”), the Middle East’s leading bank, and CNBC, the leading business and financial news network, hosted an international panel of leading Islamic finance experts …

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SWIFT leverages its global reference data platform to serve local communities

SWIFT will build on its global SWIFTRef platform to host and manage national and regional data initiatives Brussels, 10 February 2015 – SWIFT announces that it is making its global reference data platform available for national reference data collection and maintenance services, building on the foundations of its successful payments reference data platform, SWIFTRef. The SWIFTRef platform is used to …

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