Company News

Bank Muscat evokes strong appeal at SQU career fair

(Oman Daily Observer - 3/13/2018 5:49:00 AM)

Bank Muscat, the flagship financial services provider in the Sultanate, in step with its dynamic vision ‘To Serve You Better, Everyday’ highlighted career development and training opportunities available to qualified Omani nationals at the Career and ...

QNB in bid to raise foreign ownership to 49pc

(Trade Arabia - 3/13/2018 5:34:00 AM)

Qatar’s QNB Group intends to recommend to the Extraordinary General Assembly of the bank to approve increasing the percentage of non-Qatari ownership in the company’s capital to 49 per cent instead of 25 per cent.

This is in accordance with the ...

Seef Properties plans new waterfront project in Bahrain

(Trade Arabia - 3/13/2018 5:33:00 AM)

Seef Properties, a leading integrated real estate company in Bahrain, has announced the establishment of a real estate company in collaboration with strategic partners, to develop a new mixed-use waterfront project between the two bridges in the Capital ...

Damac issues tender for new Aykon City tower

(Trade Arabia - 3/13/2018 5:31:00 AM)

Dubai-based Damac Properties has issued a new tender for main works for a second tower at its six-tower luxury master development, Aykon City, on Sheikh Zayed Road overlooking Dubai Canal.

The tender will cover the construction of the tower, ...

NBK awarded ‘Best Private Banking Service Overall in Kuwait’

(Arab Times - 3/13/2018 5:25:00 AM)

National Bank of Kuwait (NBK) has been awarded the “Best Private Banking Services Overall for 2018” in Kuwait in Euromoney’s Annual Survey surpassing global banks in wealth management and private banking services. NBK topped the list of nominees, ...

Riyad Bank launches first contactless payment bracelets

(Saudi Gazette - 3/12/2018 7:57:00 AM)

Riyad Bank is one of the largest financial institutions in Saudi Arabia and a leading bank in the Middle East. Now, with Gemalto, a world leader in digital security, Riyad Bank, is launching the country’s first ever range of contactless payment ...

UAE’s ADNOC says awards Italy’s Eni stakes in new oil concessions

(Arab News - 3/12/2018 7:54:00 AM)

Abu Dhabi National Oil Company (ADNOC) said on Sunday it had signed 40-year agreements with Eni , awarding the Italian company a 10 percent stake in its Umm Shaif and Nasr offshore oil concession and a 5 percent stake in Lower Zakum.

Eni has ...

QIB announces first winner of ‘Visa 2018 FIFA World Cup’ prizes

(The Peninsula - 3/12/2018 7:43:00 AM)

Qatar Islamic Bank (QIB), country’s leading Shariah-compliant lender, has announced the first winner of its ‘FIFA World Cup Russia’ prizes. These prize packages are offered in partnership with Visa, the world’s leader in digital payments and the official ...

Emirates NBD to raise capital, increase foreign ownership limit

(Gulf News - 3/12/2018 6:07:00 AM)

Emirates NBD said on Sunday it plans to increase capital by Dh1.8 billion to Dh7.35 billion through issuance of new shares ahead of a potential acquisition in Turkey, along with an increase in the foreign ownership limit.

The bank, which is ...

Bank Muscat rewards al Mazyona prize winners

(Oman Daily Observer - 3/12/2018 5:44:00 AM)

Bank Muscat, the flagship financial services provider in the Sultanate, in step with its ‘To serve you better, everyday’ vision and commitment to partnership in encouraging a savings culture in Oman, hosted the second al Mazyona monthly prize draw of ...