Tag archive for ‘National’
By Staff writer On Wednesday, November 25th, 2015
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QNB Organizes 3rd Asset Management Forum

Qatar National Bank (QNB) hosted the 3rd Asset Management Forum, which focused on providing financial corporate solutions and discussed relevant economic and financial topics. The purpose of this forum was to enhance More...

By Giorgios Retsinas On Sunday, May 24th, 2015
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Captain Majed Al Marzouqi: new Etihad VP

Etihad Airways, the national airline of the United Arab Emirates, has appointed Emirati national, Captain Majed Al Marzouqi, as its new Vice President for Corporate Safety and Quality. Capt. Majed joined Etihad More...

By Staff writer On Friday, February 13th, 2015
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Qatar Cement Reports QR 420.3 Million Net Profit in 2014

Qatar National Cement Company Qatar National Cement Company reported on Thursday its financial statements for the year ended December 31, 2014, revealing a net profit of QR 420.3 Million in 2014 compared to QR 433.3 More...

By Staff writer On Thursday, February 12th, 2015
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ADIB wins top award for developing UAE national talent

Abu Dhabi Islamic Bank ”ADIB” Abu Dhabi Islamic Bank, ADIB, has received the “Human Resource Development Award” for 2014 from the Emirates Institute of Banking and Financial Studies, EIBFS, More...

By Staff writer On Thursday, February 12th, 2015
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NBAD hosts leading Islamic finance experts to discuss future of Sukuk

NBAD hosts leading Islamic finance experts to discuss future of Sukuk The National Bank of Abu Dhabi (NBAD) and CNBC hosted an international panel of leading Islamic finance experts to discuss the future of Sukuk More...

By Staff writer On Monday, February 9th, 2015
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UAE national appointed Deputy CEO of Emirates Money

Talal Al Mazrooei, Deputy CEO, Emirates Money Emirates Money, a subsidiary of Emirates NBD, announced today the appointment of Talal Al Mazrooei as Deputy CEO. Al Mazrooei, a UAE national who has been with Emirates More...

By Staff writer On Wednesday, February 4th, 2015
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National Oil Companies lost 38 billion in 10 years, says Minister of Energy

Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, has said that the UAE local oil companies suffered significant losses due to lower More...

By Staff writer On Thursday, January 29th, 2015
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NBAD reports record Q4 and Full Year 2014 results

NBAD reports record Q4 and Full Year 2014 results The National Bank of Abu Dhab, NBAD, has reported net profits of AED1.372 billion in Q4, 2014, marginally higher and up 28 percent year-over-year. For the full-year More...

By Staff writer On Wednesday, January 28th, 2015
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Union National Bank announces record profit of AED 2,021 million for 2014, up by 16%

Union National Bank announces record profit of AED 2,021 million for 2014, up by 16% Union National Bank (UNB) reported another year of record profit with the UNB Group profit being AED 2,021 million for the fiscal More...

By Staff writer On Monday, January 26th, 2015
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Borouge participates in Arabplast 2015 exhibition

Arabplast 2015 exhibition Borouge, a joint venture of the Abu Dhabi National Oil Company and Austria’s Borealis, has offered significant opportunities to enhance its customers’ business in pipe, advanced More...

By Staff writer On Monday, January 26th, 2015
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QNB and Qatari Businesswomen Association Sign a Memorandum of Understanding

QNB and Qatari Businesswomen Association Sign a Memorandum of Understanding Qatar National Bank and the Qatari Businesswomen Association (QBWA) signed yesterday a Memorandum of Understanding. The MOU will focus More...

By Staff writer On Wednesday, January 21st, 2015
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NBK posts KD 261.8 mln in 2014 profits

NBK posts KD 261.8 mln in 2014 profits The National Bank of Kuwait (NBK) has reported net profits of KD 261.8 million (USD 894.2 million) for the year 2014 compared with KD 238.1 million (USD 813.3 million) in 2013, More...

By Staff writer On Sunday, January 18th, 2015
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NDC Inaugurates its New Jack-up Rig Shuwehat, Built in UAE

NDC Inaugurates its New Jack-up Rig Shuwehat, Built in UAE National Drilling Company (NDC) has marked the inauguration of its new state-of-the-art jack-up rig, “Shuwehat”, at a ceremony held in the Hamriyah More...

By Staff writer On Wednesday, January 14th, 2015
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Doha Bank Releases Details of Kharafi National Deal

Doha Bank Doha Bank announced Tuesday details of a deal with Kharafi National to finance projects worth 25 million Kuwaiti Dinars. A statement released on Qatar Exchange website said that the deal will be repaid More...

By Staff writer On Wednesday, January 14th, 2015
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QNB Announce 2014 Profits, Recommends 75% Cash Dividend

Qatar National Bank (QNB) Qatar National Bank (QNB) announced Tuesday its financial results for the year ending on December 31, 2014. The bank achieved profits of QR10.5 billion, a 10.3% increase compared with the More...

By Staff writer On Tuesday, January 6th, 2015
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Tabreed completes AED 2.6 billion refinancing of existing debt facilities

Tabreed completes AED 2.6 billion refinancing of existing debt facilities The National Central Cooling Company PJSC, Tabreed, the UAE-based regional district cooling company, today announced the completion of the More...

By Staff writer On Sunday, January 4th, 2015
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Qatar s Non-Hydrocarbon Sector Accounts for Over Half of GDP

Qatar s Non-Hydrocarbon Sector Accounts for Over Half of GDP Qatar National Bank (QNB) Group’s economic analysis said that the non-hydrocarbon sector in Qatar continues to drive economic growth, pushing its More...

By Staff writer On Wednesday, December 31st, 2014
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ENOC reduces diesel prices by 20 fils to AED 3.10

ENOC reduces diesel prices by 20 fils to AED 3.10 Emirates National Oil Company, ENOC, which is headquartered in Dubai, today announced that it has reduced the price of diesel by an additional 20 fils to AED3.10 More...

By Staff writer On Wednesday, December 31st, 2014
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National Bonds Corporation signs Strategic Agreement with Aafaq Islamic Finance

National Bonds Corporation signs Strategic Agreement with Aafaq Islamic Finance National Bonds Corporation, the leading sharia-compliant savings and investments company in the UAE, has signed a strategic agreement More...

By Staff writer On Wednesday, December 31st, 2014
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NBAD Securities wins Best Brokerage House

NBAD Securities wins Best Brokerage House The National Bank of Abu Dhabi Securities, NBAD Securities, has been selected “Best Brokerage House in the UAE” for 2014 by International Finance Magazine. International More...

By Staff writer On Tuesday, December 30th, 2014
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Kuwait inflation down 3 percent in October

Kuwait inflation down 3 percent in October The inflation in the consumer price index (CPI) eased slightly to 3 percent year-on-year (y/y) in October, as inflation in most components slowed, showed a report by the More...

By Staff writer On Monday, December 29th, 2014
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Qatargas Encourages National Graduates to Take Advantage of Learning Opportunities

Qatargas Qatargas organized its annual Qatarization Forum for its National Graduates. Two separate sessions were held for those based in Ras Laffan and Doha. The coaches assigned to guide and mentor the National More...

By Staff writer On Monday, December 29th, 2014
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QNB Wins Two Prestigious Awards from Ethos Integrated Solutions

Retail Heba Al-Tamimi, QNB Group General-Manager Qatar National Bank (QNB), has won two prestigious awards, “Best Customer Experience – Overall Bank in Qatar”, and “Best Customer Experience More...

By Staff writer On Sunday, December 28th, 2014
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The Ruble Rubble May Spell Further Trouble: QNB

The Ruble Rubble May Spell Further Trouble: QNB The weekly analysis of Qatar National Bank (QNB) Group said that the Capital flight from developing economies has accelerated, most spectacularly from Russia. A toxic More...

By Staff writer On Sunday, December 28th, 2014
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Nat’l SMEs fund enters executive stage

Dr. Mohammad Al-Zuhair, Secretary General of the National Fund for Small and Medium Enterprises (SMEs) Development The National Fund for Small and Medium Enterprises (SMEs) Development has entered a new stage after More...

By Staff writer On Thursday, December 25th, 2014
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Khalifa Fund explores ways of cooperation with Kuwait’s National Fund for SME Development

Khalifa Fund explores ways of cooperation with Kuwait’s National Fund for SME Development Khalifa Fund for Enterprise Development and Kuwait’s National Fund for SME Development have discussed ways of More...

By Staff writer On Wednesday, December 24th, 2014
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FNC passes Union Budget 2015

Federal National Council (FNC) The Federal National Council (FNC) on Tuesday approved two bills, one on additional allocations to the Union budget and budgets of autonomous entities for fiscal year 2014, and the More...

By Staff writer On Tuesday, December 16th, 2014
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Kuwait eyes bigger role for SMEs in national economy

Anas Al-Saleh, Kuwait’s Minister of Finance Minister of Finance Anas Al-Saleh said Monday that the Kuwaiti government is looking forwards to expanding the contribution of small and medium enterprises (SMEs) More...

By Staff writer On Saturday, December 13th, 2014
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Qatar Postal Services Company…International Contributions and Documentation of National Events

Qatar Postal Services Company Despite the remarkable development seen in the area of communications and networking technologies all over the world, the State of Qatar did not ignore the necessity of promoting the More...

By Staff writer On Thursday, December 4th, 2014
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Qatar Rail Hosts Workshop on Qatar National Datum

Qatar Rail Hosts Workshop on Qatar National Datum Qatar Railways Company (Qatar Rail) has organized a workshop on the importance of applying the Qatar National Datum (QND95), a comprehensive geodetic datum for topographic More...

By Staff writer On Thursday, December 4th, 2014
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Etihad Airways continues winning streak with top awards

Etihad Airways won the award of Best First Class and Best Long Haul Airline Middle-East and Africa Etihad Airways, the national airline of the United Arab Emirates, has won the coveted Best First Class and Best More...

By Staff writer On Tuesday, December 2nd, 2014
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QNB Recognized as Best Bank in Qatar and Middle East in 2014

QNB Recognized as Best Bank in Qatar and Middle East in 2014 QNB has received Best Bank of the year in Qatar and Best Bank of the year in the Middle East awards from Banker Magazine for the fourth year in a row. The More...

By Staff writer On Tuesday, December 2nd, 2014
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National Bank of Fujairah bolsters commitment to UAE’s Emiratisation efforts

National Bank of Fujairah bolsters commitment to UAE’s Emiratisation efforts National Bank of Fujairah, NBF, has announced that thirteen UAE Nationals have joined the fifth edition of its Management Trainee Programme, More...

By Staff writer On Monday, December 1st, 2014
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Emirati appointed chairperson of ICCA Middle East Chapter

Abu Dhabi National Exhibitions Company (ADNEC) Khalifa Al Qubaisi, Head of Sales – Congresses and Conferences, Abu Dhabi National Exhibitions Company (ADNEC), has been named Chairperson of the International More...

By Staff writer On Monday, December 1st, 2014
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ADNOC takes full ownership of IRSHAD

ADNOC takes full ownership of IRSHAD Abu Dhabi National Oil Company (ADNOC) has become the sole owner of Abu Dhabi Petroleum Ports Operating Company (IRSHAD) after it acquired Smit Lamnalco limited 40 per cent share More...

By Staff writer On Thursday, November 27th, 2014
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ADNEC expects 51 percent Emiratisation of workforce

Humaid Matar Al Dhaheri, acting group CEO of ADNIC Abu Dhabi National Exhibitions Company today announced that it has achieved 50 percent Emiratisation in its total workforce, raising the number of Emirati employees More...

By Staff writer On Wednesday, November 26th, 2014
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ADX lists National Investor in Second Market

ADX lists National Investor in Second Market Abu Dhabi Securities Exchange, ADX, today announced the listing of National Investor in the Exchange’s Second Market for private companies under the symbol TNI. The More...

By Staff writer On Thursday, November 20th, 2014
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ADNOC Distribution honours UAE national trainees for successful completion of career development programmes

ADNOC Distribution honours UAE national trainees for successful completion of career development programmes ADNOC Distribution hosted a special gathering to recognise a batch of UAE national trainees for the successful More...

By Staff writer On Tuesday, November 18th, 2014
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NBAD renews sponsorship of Formula 1 Etihad Airways Abu Dhabi Grand Prix

NBAD renews sponsorship of Formula 1 Etihad Airways Abu Dhabi Grand Prix The National Bank of Abu Dhabi (NBAD), has renewed a multi-year agreement to be the Official Bank of the FORMULA 1 ABU DHABI GRAND PRIX. NBAD More...

By Staff writer On Sunday, November 16th, 2014
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NBK-Egypt posts USD 38.4mln in net profits for first nine months of 2014

NBK-Egypt posts USD 38.4mln in net profits for first nine months of 2014 The National Bank of Kuwait – Egypt, the subsidiary of National Bank of Kuwait Group (NBK) in Egypt, has reported net profits of EGP More...

By Staff writer On Sunday, November 16th, 2014
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Date Palm Festival to open in Abu Dhabi

Date Palm Festival to open in Abu Dhabi Under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Chairman of the Abu Dhabi Food Control Authority More...

By Staff writer On Thursday, November 13th, 2014
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TAQA reports income of AED 620 million during 1st nine months of 2014

TAQA reports income of AED 620 million during 1st nine months of 2014 TAQA, the Abu Dhabi National Energy Company, generated net income of AED620 million and reduced its debt by over AED3 billion during the first More...

By Staff writer On Thursday, November 6th, 2014
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National Petroleum Construction Company /NPCC/ launches new brand identity

National Petroleum Construction Company /NPCC/ launches new brand identity National Petroleum Construction Company (NPCC), launched its new corporate brand identity at Etihad Ballroom in Emirates Palace on the 4th More...

By Staff writer On Monday, November 3rd, 2014
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NBAD provides AED1.2 billion financing to Abu Dhabi National Hotels

NBAD provides AED1.2 billion financing to Abu Dhabi National Hotels The National Bank of Abu Dhabi, NBAD, has signed a deal to provide a 10-year Term Loan facility of AED1.2bn to Abu Dhabi National Hotels, ADNH. NBAD’s More...

By Staff writer On Friday, October 24th, 2014
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ENOC reduces diesel retail price by 20 fils to AED 3.50 per litre

ENOC reduces diesel retail price by 20 fils to AED 3.50 per litre Emirates National Oil Company (ENOC) has reduced the price of diesel by 20 fils to AED 3.50 per litre, effective as of October 21, 2014. The revised More...

By Staff writer On Wednesday, October 22nd, 2014
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National Bank of Fujairah reports 28.9 percent net profit growth in first nine months of 2014

National Bank of Fujairah reports 28.9 percent net profit growth in first nine months of 2014 National Bank of Fujairah PJSC (NBF) has announced its results for the nine month period ended 30 September 2014, recording More...

By Staff writer On Wednesday, October 15th, 2014
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NBK posts KD 203.9 mln profits for 9 months

National Bank of Kuwait (NBK) National Bank of Kuwait (NBK) reported net profits of KD 203.9 million (USD 708 million) for the first nine months of 2014 compared with KD 198.6 million (USD 689.4 million) for the More...

By Staff writer On Wednesday, October 15th, 2014
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Development plan, new bills draw investors’ attention – NBK

Development plan, new bills draw investors’ attention – NBK Kuwait is taking positive steps toward achieving developmental goals, thanks to new laws, a medium-term development plan and the rise in the More...

By Staff writer On Monday, October 13th, 2014
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National Bank of Fujairah establishes equipment finance unit

National Bank of Fujairah establishes equipment finance unit The National Bank of Fujairah (NBF) today announced the official launch of an equipment finance unit capable of supporting not just asset acquisition More...

By Staff writer On Friday, October 3rd, 2014
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NBK to sell its 30 pct stake in IBQ to Qatari investors

NBK to sell its 30 pct stake in IBQ to Qatari investors  announced here on Thursday that it has agreed to sell its 30 percent stake in International Bank of Qatar (IBQ) to Qatari investors in a transaction worth More...

By Staff writer On Wednesday, September 24th, 2014
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NBAD launches Shariah Dividend Fund

The National Bank of Abu Dhabi (NBAD) has launched NBAD Shariah MENA Dividend Leader Fund, which invests in select dividend-paying companies traded on the most promising MENA equities markets. The Fund is inspired More...

By Staff writer On Monday, September 22nd, 2014
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ADNH appoints new Chief Executive Officer

Ignace Bauwens, Abu Dhabi National Hotels, ADNH, new Chief Executive Officer.  Abu Dhabi National Hotels, ADNH, has appointed Ignace Bauwens as Chief Executive Officer. Mr. Bauwens said that he strategically aims More...

By Staff writer On Monday, September 22nd, 2014
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Suhail Al Shamsi appointed Treasury GVP for TAQA

Suhail Al Shamsi, new Treasury GVP for TAQA TAQA, the Abu Dhabi National Energy Company, has promoted Suhail Al Shamsi, currently Head of Treasury Operations, to the role of Group Vice-President, Treasury, and member More...

By Staff writer On Wednesday, September 17th, 2014
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Russian Energy Ministry focused on engaging regional energy leaders

POWER-GEN Middle East Conference and Exhibition (PGME)  A high-level delegation from the Ministry of Energy of the Russian Federation and several major Russian companies will attend the upcoming POWER-GEN Middle More...

By Staff writer On Monday, September 15th, 2014
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Minister of Public Works briefed on preparations for Dubai Maritime Summit

global maritime summit Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Public Works, and Chairman of the National Transport Authority, received a briefing today from officials of the Dubai Maritime City More...

By Staff writer On Saturday, September 13th, 2014
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Oil prices soften further on excess supply, receding Iraq fears

oil barrel Oil prices declined for the second month in a row as markets responded to excess crude supply and receding fears over the disruption to oil supplies by the conflicts in Iraq, Libya and Ukraine, the National More...

By Staff writer On Thursday, September 11th, 2014
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TAQA appoints Ryan Wong as acting CFO

Ryan Wong, new Chief Financial Officer (CFO) of TAQA TAQA, the Abu Dhabi National Energy Company, has appointed Ryan Wong, currently Group Vice-President, Treasury, to the position of acting Chief Financial Officer More...

By Staff writer On Tuesday, September 9th, 2014
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Exhibition growth marks strong first half 2014 for ADNEC

Abu Dhabi National Exhibitions Centre (ADNEC) Abu Dhabi National Exhibitions Centre (ADNEC) has recorded a significant increase in the number of exhibitions held in the year to date compared to the same period last More...

By Staff writer On Friday, September 5th, 2014
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QNB Acquires a 12.5% Stake in Ecobank Transnational Incorporated, the Leading Pan-African Bank

QNB Acquires a 12.5% Stake in Ecobank Transnational Incorporated, the Leading Pan-African Bank Qatar National Bank (QNB Group) announced on Thursday the acquisition of a 12.5%1 stake (both ordinary and convertible More...

By Staff writer On Thursday, September 4th, 2014
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QNB Launch 7 New Products to Support SME Sector

Hamad Al-Jamali, QNB acting head of SMEs QNB has announced the launch of seven new product offerings in support of the important small- and medium-sized enterprises (SME) sector in Qatar. The new package of measures More...

By Staff writer On Wednesday, September 3rd, 2014
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National Drilling Company inaugurates five new rigs

The National Drilling Company, NDC, rig The National Drilling Company, NDC, has inaugurated five new rigs assigned for the maintenance of oil wells, as part of NDC’s fleet expansion plans that cover onshore More...

By Staff writer On Monday, September 1st, 2014
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ENOC joins hands with government stakeholders to ensure usage of green diesel

Emirates National Oil Company (ENOC) Emirates National Oil Company (ENOC) has joined hands with governmental stakeholders to implement the U.A.E. Federal Cabinet decision No. 37 of 2013 on making the use of the More...

By Staff writer On Thursday, August 28th, 2014
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Corporate profits wane in 1st half of 2014

Kuwait Aggregate profits of listed Kuwaiti companies during the first half of the year were unimpressive, despite the strong growth in bottom lines seen by banks, said a report published here on Wednesday by the More...

By Staff writer On Sunday, August 24th, 2014
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KNPC committed to providing fuel products to clients

Kuwait National Petroleum Company (KNPC)  Kuwait National Petroleum Company (KNPC) is committed to providing fuel products to clients according to their needs and certain agreed upon quotas, said a statement by More...

By Staff writer On Sunday, August 24th, 2014
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QNB: Declining Food Prices Increase the Risk of Global Deflation

QNB International food prices have been declining in recent months, reflecting record harvests and weak global demand. Declining food prices have in turn contributed to lower inflation in the Eurozone, the United More...

By Staff writer On Saturday, August 23rd, 2014
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Real estate sector performance in July affected by seasonality

Kuwait Kuwait’s real estate sector saw a modest performance in July as sales totaled KD 268 million, said a report issued on Friday by the National Bank of Kuwait (NBK). Sales dropped by 37% year-on-year (y/y) More...

By Staff writer On Friday, August 22nd, 2014
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Etihad Airways’ new schedule provides more choice to and from South Africa

Etihad Airways announced changes to its schedule between Abu Dhabi and Johannesburg, South Africa Etihad Airways, the national airline of the United Arab Emirates (U.A.E.), today announced changes to its schedule More...

By Staff writer On Friday, August 22nd, 2014
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NBAD MENA Income and Growth Fund delivers 2.40% Semi Annual Dividend

The National Bank of Abu Dhabi ”NBAD”, Head Office The National Bank of Abu Dhabi (NBAD) distributed 2.40% dividend to NBAD MENA Income and Growth Fund investors with the option to reinvest the dividend More...

By Staff writer On Thursday, August 21st, 2014
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Kuwait’s credit growth in June hit five-year high

Credit was strong in June, with year-on-year (y/y) growth accelerating to its fastest pace since 2009 and putting two months of weakness behind it, a specialized economic report stated Wednesday. The report, by More...

By Staff writer On Tuesday, August 19th, 2014
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NBAD Subsidiary in Americas Renamed, Strong Service Continues

The National Bank of Abu Dhabi ”NBAD”, Head Office The National Bank of Abu Dhabi (NBAD) has renamed its wholly-owned subsidiary in the Americas toNBAD Americas N.V. NBAD established the subsidiary in More...

By Staff writer On Monday, August 18th, 2014
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NDC inaugurates new U.A.E.-built land rig

National Drilling Company (NDC) offshore rig The National Drilling Company (NDC), has inaugurated a new land rig, as part of the company’s fleet expansion programme which, covers offshore, onshore and land More...

By Staff writer On Friday, August 15th, 2014
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NIND gains KD 8 million of profits in Q1 2014

National Industries Group Holding (NIND)  The National Industries Group Holding (NIND) announced gaining KD eight million of profits with six fils per share in the first six months of 2014, compared to profits More...

By Staff writer On Thursday, August 14th, 2014
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TAQA reports AED513 million profit for H1 2014

Abu Dhabi National Energy Company, TAQA  Abu Dhabi National Energy Company, TAQA, today announced a net profit of AED513 million for the first half of 2014. The company achieved record oil and gas production, generating More...

By Staff writer On Thursday, August 14th, 2014
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National Real Estates Co. earns KD 8.1 million

Kuwait  The National Real Estate Company earned KD 8.1 million in first six months of 2014, the company said in a statement issued on Wednesday. The earnings for the six months’ period were at a rate of 9.58 More...

By Staff writer On Tuesday, August 12th, 2014
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EPPCO Lubricants signs supply agreement with BK Group Holdings

EPPCO Lubricants signs supply agreement with BK Group Holdings EPPCO Lubricants, a business division of Emirates National Oil Company (ENOC), today signed an exclusive five-year supply agreement with BK Group Holdings, More...

By Staff writer On Monday, August 11th, 2014
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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...

By Staff writer On Saturday, August 9th, 2014
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Etihad Airways acquires 49 per cent of Alitalia

Etihad Airways , Alitalia The recapitalised Italian national airline will now be able to invest in a comprehensive strategic business plan which will see new long-haul routes from Rome and Milan, a revitalized brand, More...

By Staff writer On Saturday, August 9th, 2014
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Al-Bahar passes away after prominent achievements

Mohammad Abdulrahman Al-Bahar , the deceased Chairman of the National Bank of Kuwait (NBK)  The deceased Chairman of the National Bank of Kuwait (NBK) and prominent business man Mohammad Abdulrahman Al-Bahar was More...

By Staff writer On Friday, August 8th, 2014
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NBAD First to select new NCR Branch Transformation Technology in the Middle East

The National Bank of Abu Dhabi (NBAD) The National Bank of Abu Dhabi (NBAD), is the first financial institution in the Middle East to select NCR SelfServ 91, a new hardware platform that will help NBAD transform More...

By Staff writer On Monday, August 4th, 2014
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National Cement, Zad Holding 1st Half Profit Rise

Zad Holding Qatar National Cement Company and Zad Holding Company have disclosed their semi-annual financial statements for the period ending June 30, 2014. Qatar National Cement said in a press release today that More...

By Staff writer On Saturday, August 2nd, 2014
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His Highness the Amir sends cable of congratulations to Swiss pres.

Switzerland, national day His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Friday congratulated president Didier Burkhalter on the national day of Switzerland. In the cable, His Highness the Amir wished More...

By Staff writer On Saturday, August 2nd, 2014
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His Highness the Amir congratulates Macedonia on nat’l day

Macedonia His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Friday sent a cable of congratulations to President of the Republic of Macedonia George Ivanov on the occasion of his country’s national More...

By Staff writer On Sunday, July 13th, 2014
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QNB Group: MENA Needs Subsidy Reform for Sustainable Development

QNB  Global spending on energy subsidies totaled USD492bn in 2011. Middle East and North Africa (MENA) countries alone accounted for nearly half of that amount, making the burden of subsidies on public resources More...

By Staff writer On Sunday, June 15th, 2014
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NBAD Sukuk Income Fund Delivers 5.83% DividendAnnualised

The National Bank of Abu Dhabi ”NBAD” The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87%of the net asset value (NAV) ofUS$5.2532, More...

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