Qatar Participates in 31st Session of COMCEC
The State of Qatar took part in the 31st session of the Standing Committee of the Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC), currently being held in Istanbul under the More...
Economy, Commerce Ministry Holds Seminar on New Commercial Companies Law
The Ministry of Economy and Commerce has organized a seminar on public shareholding companies under the new law on commercial companies as part of a series of seminars on the new law. The seminar aimed to shed the More...
Economy Minister Meets U.S. Special Rep.
Sheikh Ahmed bin Jassim bin Mohamed Al-Thani, Minister of Economy and Commerce HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed Al-Thani on Thursday met Scott Nathan, U.S. State Department’s More...
Gulf infrastructure projects up 78% to $86bn
Awards for commercial and civil infrastructure projects in the Gulf region reached values of $86bn in 2014, up 78% on 2013 contract awards. The materials handling sector has seen huge gains on the back of the announcements More...
DED issues over 59,000 commercial permits in 2014
Department of Economic Development (DED) The Department of Economic Development (DED) in Dubai issued 59,130 commercial permits during the year 2014, 13% higher than the licences issued in 2013, according to the More...
Commercial Bank Announces 2014 Financial Results
Commercial Bank of Qatar The Commercial Bank of Qatar and its subsidiaries and associates announced on Monday its financial results for the year ended Dec. 31, 2014, revealing that it made a net profit of QR 1.94 More...
Hala February Shopping Festival extended to Feb 21
Hala February Shopping Festival Hala February Shopping Festival of 2015 is extended until February 21st, the higher organizing committee announced Monday. The extension was made upon request and desire of participating More...
Al Khaliji and CBQ Allot QR 1.26 Billion for Rayyan Road Project
Abdulla Saleh Al Raisi, CEO, Commercial Bank Al Khalij Commercial Bank (al khaliji) and Commercial Bank of Qatar (CBQ) have completed a joint financing deal of QR 1.26 Billion for the QR 3.43 Billion Al Rayyan Road More...
Commercial Bank Leads in a Joint Mandate Club Deal in Excess of QR1Billion
Commercial Bank Leads in a Joint Mandate Club Deal in Excess of QR1Billion Commercial Bank has successfully concluded a financing arrangement of QR 1Billion in extended financing facilities to Joannou & Parakskevaides More...
Commercial Bank of Dubai records 19 percent increase in net profit
Commercial Bank of Dubai records 19 percent increase in net profit Commercial Bank of Dubai’s net profit for the year ended 31st December 2014 increased by 19% to AED1,202.3 million as compared to AED1,010.2 million More...
ADCB appoints head of London Representative Office
David Manson, Head of the ADCB (UK) Representative Office in London Abu Dhabi Commercial Bank, ADCB, today announced the appointment of David Manson as Country Head, UK and Head of the ADCB (UK) Representative Office More...
Qatar Airways First Commercial A350 Flight Lands in Frankfurt
Al Baker, Fabrice Bregier and Michael Muller, Qatar Airways first flight officially marked the start of the A350 XWB service between Frankfurt and Doha, with the new aircraft’s modern equipment and innovative More...
ADCB Islamic Banking celebrates its 2nd EMSA AED1m Grand Prize Winner
Abu Dhabi Commercial Bank (ADCB) Abu Dhabi Commercial Bank’s, ADCB) Islamic Banking Division today announced the latest winner of its AED1 million grand prize through its Emirati Millionaire Savings Account (EMSA). The More...
ADCB and Abu Dhabi Terminals sign finance agreement at Khalifa Port
Khalifa Port Container Terminal, KPCT, Abu Dhabi Commercial Bank, ADCB, announced today a financing agreement with Abu Dhabi Terminals, ADT, for the development of the Khalifa Port Container Terminal, KPCT, the More...
Noor Bank ranked Top Commercial Islamic Bank in GCC
Noor Bank ranked Top Commercial Islamic Bank in GCC The Banker, a UK-based magazine, has named Noor Bank the fastest growing Islamic commercial bank in the GCC for 2013 on the basis of pre-tax profit growth. Noor’s More...
Kuwait No. 2 in issuing business licenses for GCC nationals
Kuwait No. 2 in issuing business licenses for GCC nationals The number of business licenses issued by Gulf Cooperation Council member (GCC) governments to member states nationals have ballooned to 40,753 by the More...
Finance Minister arrives in Turkey to attend COMCEC talks
Anas Al Saleh, Finance Minister Finance Minister Anas Al-Saleh arrived here on Wednesday to head Kuwait’s delegation at the Standing Committee for Economic and Commercial Cooperation of the Organisation of More...
Euromoney Qatar Conference Begins Tomorrow
Euromoney Qatar Conference Begins Tomorrow The 3rd annual Euromoney Qatar Conference will begin tomorrow (Monday) at the Ritz Carlton Doha. The two-day Euromoney Qatar Conference will bring together the world’s More...
Central Bank announces M0 increased by 6.3 percent
UAE Central Bank The Central Bank has announced that the money supply aggregate, M0, (currency in circulation (81.2% of total) + cash at banks (18.8% of total) increased by 6.3%, from AED66.6 billion at the end More...
Jordan, GCC strategize firmer cooperation
Jordan, GCC strategize firmer cooperation Jordan agreed with GCC states on a set of strategic objectives to boost cooperation between both sides, a statement by a Jordanian official said on Saturday. Secretary General More...
Al khaliji Awarded “Best Private Bank in Qatar”
Al khaliji Awarded “Best Private Bank in Qatar” Al Khalij Commercial Bank (al khaliji) (Q.S.C) has been announced as the Best Private Bank in Qatar by the 2014 Global Private Banking Awards organized More...
ADCB Receives Approval from Monetary Authority of Singapore for Representative Office
ADCB Receives Approval from Monetary Authority of Singapore for Representative Office Abu Dhabi Commercial Bank (ADCB) announced plans to open a representative office in Singapore later this year, following recent More...
Kuwait, Egypt sign draft deal for commercial, industrial cooperation
Sheikh Nemer Fahad Al-Sabah, Ministry of Commerce and Industry Assistant Undersecretary for International Organisations and Foreign Trade The governments of Egypt and Kuwait on Tuesday signed a draft agreement for More...
Dubai Chamber Sustainability Network members conduct Best Practices Session on Road Safety in Commercial Driving
Dubai Chamber Sustainability Network members conduct Best Practices Session on Road Safety in Commercial Driving The Dubai Chamber Sustainability Network conducted a Best Practice Session on Road Safety as part More...
ADCB participates in Sibos and IMF meetings
ADCB participates in Sibos and IMF meetings Abu Dhabi Commercial Bank (ADCB) underlines its increasing role in international finance by attending conferences over the next two weeks in the U.S.. Sibos 2014 held More...
Industrial, Commercial Bank of China opens Kuwait branch
Industrial, Commercial Bank of China opens Kuwait branch Undersecretary of the Kuwaiti Ministry of Commerce and Industry Abdulaziz Al-Khaledi on Wednesday urged the Kuwaiti and Chinese businesspeople to capitalize More...
al khaliji Announced Bank of 2014
Al Khalij Commercial Bank (al khaliji) Al Khalij Commercial Bank (al khaliji) QSC has been announced as the ‘Bank of the Year 2014 in Qatar’, by the Arabian Business Award, a premier event in the regional business More...
EBS reinforces growth plans in Kuwait
EBS reinforces growth plans in Kuwait Emirates Building Systems, EBS, a subsidiary of Dubai Investments, has reinforced its commitment to growth in Kuwait, with a strong focus on oil and gas, industrial and commercial More...
Kuwaiti-German commercial exchange “satisfactory” — Amb. Wollfarth
Eugen Wollfarth, German Ambassador to Kuwait Kuwaiti-German commercial exchange is at a satisfactory level with Germany exporting 1.32 billion euros worth of goods to Kuwait in 2013 while receiving around 356 million More...
RTA announces ADCB joining Dubai Metro’s corporate sponsorship project
Karama metro station The Roads and Transport Authority, RTA, has announced that the Abu Dhabi Commercial Bank, ADCB, has joined the Dubai Metro’s corporate sponsorship project, allowing Karama station on the Red More...
QDB Organizes Workshop on “International Commercial Terms”
QDB Organizes Workshop on “International Commercial Terms” Qatar Development Bank (QDB) organized through its export arm ‘Tasdeer,’ a workshop on “International Commercial Terms,” More...
CBI ups support to U.A.E.’s SME to AED 1bn
Dubai-based Commercial Bank International (CBI) on Monday announced it has allocated financing AED 1 billion in 2014 in CBI ups support to U.A.E.’s SME to AED 1bn support of small and medium enterprises (SMEs) More...
Al-Khaleeji Appoints New Group Chief Executive Officer
Al Khalij Commercial Bank (al khaliji) Al Khalij Commercial Bank (al khaliji) Q.S.C. announced the official appointment of Mr. Fahad Abdullah Al Khalifa as Group Chief Executive Officer. In making the announcement More...
UDC Renews $210 Million Credit Facility Deal
UDC Renews $210 Million Credit Facility Deal Qatar’s real estate developer, the United Development Company, has announced the renewal of a US$ 210 Million credit facility agreement with a group of banks More...
ADCB Launches Commercial Offshore Banking Products
Abu Dhabi Commercial Bank ”ADCB” Abu Dhabi Commercial Bank (ADCB) announced today the launch of commercial offshore banking products through its Jersey branch. Eligible ADCB wholesale banking clients More...
Dubai Investments Park leases 950,000 sq. ft. of warehousing facilities in first half of 2014
Dubai Investments Park (DIP) Dubai Investments Park (DIP), the largest integrated commercial, industrial & residential community in the Middle East and wholly-owned by Dubai Investments PJSC, has leased over More...
Tashilat earns KD 6.5 million
The Commercial Facilities Company (Tashilat) The Commercial Facilities Company (Tashilat) earned KD 6.5 million, 13 fils per share, in the first six months of this year, compared to KD 6.8 million, 13 (fps), in More...
ENOC inaugurates first commercial fuel station at Al Maktoum International Airport
ENOC inaugurates first commercial fuel station at Al Maktoum International Airport Emirates National Oil Company (ENOC) has inaugurated its first commercial service station inside Al Maktoum International at Dubai More...
