Publication: Trade Arabia

First reported 21 mins ago - Updated 21 mins ago - 1 reports

Arabtec appoints new chief risk officer

Arabtec Holding, a leading construction company in Mena, has appointed David Doyle as chief risk officer.Doyle will lead a function focused on risk management and control to support the company’s performance and reputation, it added. He will also be responsible ... [Published Trade Arabia - 21 mins ago]

Entities: Arabtec Holding PJSC, David Doyle, Appointed, Risk Management, internal control

First reported 19 hours ago - Updated 1 hour ago - 1 reports

Islamic Development Bank

Islamic Development Bank triples capital

Islamic Development Bank , which provides financing and loans in Muslim countries, has more than tripled its authorised capital to $150 billion to better support development projects in its 56 member nations, the bank said on Wednesday.The increase in ... [Published Trade Arabia - 19 hours ago]

Entities: Islamic Development Bank, Barwa Bank, National Commercial Bank

First reported 2 hours ago - Updated 2 hours ago - 1 reports

Etisalat Emirates Telecommunications Corporation

Etisalat supports mGovernment initiative

Etisalat has committed to support the UAE government towards its vision of mGovernment, utilising mobile services for a wide range of state services, said Ahmad Abdulkarim Julfar, the chief executive officer."Etisalat is mobilising its resources to achieve ... [Published Trade Arabia - 2 hours ago]

Entities: Etisalat Emirates Telecommunications Corporation, Ahmad Abdulkarim Julfar, United Arab Emirates, Government of United Arab Emirates

First reported 4 hours ago - Updated 2 hours ago - 1 reports

Al Salam Bank-Bahrain BSC

BMI Bank-Al Salam boards back merger

The boards of BMI Bank and Al Salam Bank Bahrain have reached an in-principle agreement to proceed with discussions for a merger, which will create the third largest bank in the kingdom, said a joint statement by the banks.BMI Bank chairman Shaikh Khalid ... [Published Trade Arabia - 4 hours ago]

Entities: Al Salam Bank-Bahrain BSC, Mergers & Acquisitions, Yousif Taqi, Hamad Al Khalifa

First reported 4 hours ago - Updated 3 hours ago - 1 reports

Xpress Money offers free life insurance

Xpress Money, a leading money transfer business, has launched a free life insurance cover scheme for its Bahrain remitters in partnership with Union Insurance.Designed specifically to suit the blue-collared population, the monthly renewable free life ... [Published Trade Arabia - 4 hours ago]

Entities: Union Insurance Company Ltd, Bahrain, Repatriation, Ethiopia

First reported 4 hours ago - Updated 4 hours ago - 1 reports

Asry plans multimillion dollar floating dock

Bahrain-based Arab Shipbuilding and Repair Yard (Asry) plans to set up another floating dock entailing a multimillion dolalr investment, the company's chief executive said."Over the next five years, not only will we look at upgrading and expanding existing ... [Published Trade Arabia - 4 hours ago]

Entities: Chris Potter, Shipbuilding, Ahmed ABDULLA, Shaikh Salman bin Hamad al-Khalifa, Corroboration

First reported 4 hours ago - Updated 4 hours ago - 1 reports

UBS AG

Gold slips after Bernanke comments

Gold fell for a third straight session on Thursday after US Federal Reserve chairman Ben Bernanke hinted at reducing an $85 billion bond-buying programme, which has increased the precious metal's appeal as a hedge against inflation.While Bernanke said ... [Published Trade Arabia - 4 hours ago]

Entities: Exchange Traded Funds, UBS AG, Federal Reserve System

First reported 4 hours ago - Updated 4 hours ago - 1 reports

LIC Bahrain sees 23pc premium growth in 2012

Bahrain-based LIC (International), a subsidiary of LIC of India, collected a total premium of $126.11 million in 2012, reflecting a 23 per cent growth, said a top official.The company issued 9,801 policies in 2012 with sum assured of $116.19 million, ... [Published Trade Arabia - 4 hours ago]

Entities: Bahrain, Thomas Mathew, India

First reported 20 hours ago - Updated 5 hours ago - 1 reports

Nissan ME posts 26pc sales growth in FY2012

Nissan Middle East has announced a 26.2 per cent rise in sales for the 2012 financial year (FY) ending March 31.The result, which outperformed the overall market trend by 1.1 per cent, follows a year which saw the launch of five new models. Nissan Middle ... [Published Trade Arabia - 20 hours ago]

Entities: Nissan Sunny, Nissan Safari, Fiscal Year, Powerful

First reported 18 hours ago - Updated 9 hours ago - 1 reports

Wild poliovirus in the Horn of Africa

The Horn of Africa (northeast Africa) is currently experiencing an outbreak of wild poliovirus type 1 (WPV1), according to a statement.A four-month-old girl near Dadaab, Kenya, developed symptoms of acute flaccid paralysis (AFP) last month. Two healthy ... [Published Trade Arabia - 18 hours ago]

Entities: Horn of Africa, Poliovirus, Kenya, Polio

First reported 18 hours ago - Updated 18 hours ago - 1 reports

Conference to be held at Burjeel hospital

Nearly 100 international healthcare experts and pioneers will attend a conference on minimally invasive surgery and natural orifice transluminal endoscopic surgery (Notes), which is to begin on May 24 in Abu Dhabi.The two-day conference titled ‘Tomorrow ... [Published Trade Arabia - 18 hours ago]

Entities: Gallbladder, Health Care, Etihad Towers, Nahyan bin Mubarak Al Nahyan, United Arab Emirates

First reported 21 hours ago - Updated 21 hours ago - 1 reports

EFG Hermes Q1 net profit up 27pc

EFG Hermes, a leading investment bank in the Arab world, said its net profit for the first quarter surged 27 per cent to EGP98 million ($13.9 million) when compared to the same period last year.The group revenues rose 14 per cent to EGP194 million mainly ... [Published Trade Arabia - 21 hours ago]

Entities: EFG-Hermes Holding SAE, Net Profit, Commercial Bank, Stocks

Quotes

"We are excited to have David on board and certain that his impressive track record and global experience will be a significant asset as we pursue our ambitious corporate goals,” he added."

Arabtec appoints new chief risk officer [Published Trade Arabia - 21 mins ago]

"Etisalat is mobilising its resources to achieve His Highness Sheikh Mohammed Bin Rashid Al Maktoum’s vision of implementing mGovernment throughout the UAE,” said Julfar, who spoke on a panel at the Mobile Government forum at the Intercontinental Hotel in Dubai."

Etisalat supports mGovernment initiative [Published Trade Arabia - 2 hours ago]

"Both streams are of equal importance now, signalling a gradual recognition that Asry is graduating to a multi-service proposition" Potter said

Asry plans multimillion dollar floating dock [Published Trade Arabia - 4 hours ago]

"Our market share in Bahrain's life insurance market is 43 per cent and we expect that to grow. We will be adding seven sales agents to the team this year and will continue to increase the number of agents as we grow" Thamodharan said

LIC Bahrain sees 23pc premium growth in 2012 [Published Trade Arabia - 4 hours ago]

More Content

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Arabtec appoints new chief risk officer [Published Trade Arabia - 21 mins ago]
Etisalat supports mGovernment initiative [Published Trade Arabia - 2 hours ago]
Asry plans multimillion dollar floating dock [Published Trade Arabia - 4 hours ago]
LIC Bahrain sees 23pc premium growth in 2012 [Published Trade Arabia - 4 hours ago]
Gold slips after Bernanke comments [Published Trade Arabia - 4 hours ago]
Xpress Money offers free life insurance [Published Trade Arabia - 4 hours ago]
BMI Bank-Al Salam boards back merger [Published Trade Arabia - 4 hours ago]
Wild poliovirus in the Horn of Africa [Published Trade Arabia - 18 hours ago]
Conference to be held at Burjeel hospital [Published Trade Arabia - 18 hours ago]
Islamic Development Bank triples capital [Published Trade Arabia - 19 hours ago]
Nissan ME posts 26pc sales growth in FY2012 [Published Trade Arabia - 20 hours ago]
EFG Hermes Q1 net profit up 27pc [Published Trade Arabia - 21 hours ago]
Standard Chartered’s credit card wins award [Published Trade Arabia - 21 hours ago]
ADCB sells $300m of subordinated bonds [Published Trade Arabia - 21 hours ago]
Brocade appoints new country manager in Saudi [Published Trade Arabia - 22 hours ago]
Oman 'must adopt smart road technologies' [Published Trade Arabia - 23 hours ago]
Tunisia confirms 2 cases of SARS-like virus [Published Trade Arabia - May 22 2013]
Labour Markets: A new perspective on change [Published Trade Arabia - May 22 2013]
Cancer immunotherapy 'next big thing' [Published Trade Arabia - May 22 2013]
Siemens wins $266m jobs from Saudi Electricity [Published Trade Arabia - May 22 2013]
UAE firms ‘lacking in cloud integration’ [Published Trade Arabia - May 22 2013]
Dar Al Arkan raises $450m from sukuk sale [Published Trade Arabia - May 22 2013]
Iran bars Rafsanjani from presidential election [Published Trade Arabia - May 22 2013]
Barclays advises on equities over bonds [Published Trade Arabia - May 22 2013]
BMW launches the new Z4 in Mideast [Published Trade Arabia - May 22 2013]
Bahrain to host key Arab exchange talks [Published Trade Arabia - May 22 2013]
ICT solutions 'key to knowledge development' [Published Trade Arabia - May 22 2013]
Morocco plans 4G mobile licence tenders [Published Trade Arabia - May 22 2013]
QNB to start India operations [Published Trade Arabia - May 22 2013]
Saudi detains 10 more in Iran spying case [Published Trade Arabia - May 21 2013]