Tag Archives: Finance

AsiaHawala Launches Mobile Money Services

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Sulaymanya, Kurdistan, Iraq: – AsiaHawala is the first Mobile money service provider to launch in Iraq licensed by Central Bank of Iraq, will offer mobile money services through mobile and exclusively working with Asiacell . This new service will allow Asiacell customers in Iraq to transact via Mobile Money .The service is offered on a mobile device, hence customers won’t …

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BankDhofar Supports MoD & SME Development Fund “Entrepreneurs Event”

bankdhofar

The event provided a platform to introduce business opportunities in the SME market and challenges faced by start-ups. BankDhofar and Maisarah offer exclusive SME related solutions, products and services. Muscat: BankDhofar, reinforcing its role as a key player and a major contributor in driving the development and growth of the SME sector in the Sultanate, recently supported the Entrepreneur Event …

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Doha Bank participates in Global Entrepreneurship Week to promote SME development

doha bank

Doha: Doha Bank SME division showcased its products and capabilities at the recently concluded Global Entrepreneurship Week (GEW) held at Grand Hyatt Doha. Organized by Qatar Development Bank (QDB) , the event was held under the patronage of H.E. Sheikh Ahmed bin Jassim bin Mohamed Al Thani, Minister of Economy & Commerce. The Doha Bank pavilion received enthusiastic response from …

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CEO Underlines Importance of SMEs, Banking Technology

Mazin Saad Al-Nahedh

KFH Sponsors Youth Empowerment Symposium CEO at Kuwait Finance House (KFH) , Mazin Saad Al-Nahedh will underline the importance of the youth’s role in achieving development and improving the capacity of the society as the youth represents the greatest segment of citizens in Kuwait. This will be during his participation in a discussion panel at the Youth Empowerment Symposium in …

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Aging IT is the biggest threat to banks today

temenos

Innovative banking solutions provider to reveal what banks need to do to stay profitable in the age of digitization at the Banking Technology Summit this month. Cairo, Egypt, Banks’ aging IT environment is inappropriate to today’s banking challenges, according to banking solutions provider Temenos. Speaking ahead of the 4th Annual Banking Technology Egypt Summit, set to take place in Cairo …

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Salary increases in the GCC’s fastest growing economy

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Latest data from global management consultancy Hay Group reveals that salaries in Qatar have increased, despite volatility of oil prices and uncertainty in global markets. Salary movements Salaries across Qatar have increased by an average of 4.2 per cent in 2015 – slightly lower than the 5.0 per cent, which was forecast in 2014, before the fall in oil prices. …

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IDB Board of Directors Approve Nearly US $895 million for New Development Projects

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The Board of Executive Directors of the Islamic Development Bank (IDB) at its 307th meeting that ended on Monday, 5 October 2015, approved nearly US $ 895 million to contribute towards new development projects in IDB member countries, namely; Togo, Benin, Chad, Bangladesh, Burkina Faso, Guinea, Côte d’Ivoire, Pakistan, Suriname, and Cameroon. The Board also approved seven grants and special …

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Visa Signature Business Card introduced in Jordan

visa

The unique payment solution for small and large businesses is designed to streamline corporate purchases, increase savings and simplify operations. Amman, Jordan – In response to accelerating business growth in Jordan, Visa Inc. (NYSE:V), a global payments technology company, has launched a unique corporate product in the Kingdom – the Visa Signature Business Card – that is designed to enhance …

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Over 30 Qatari SMEs Shortlisted to Tender for Seven Business Opportunities Offered by QDB & Qatar Shell

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Successful SMEs set to be awarded with contracts in December. Over 30 Qatari Small and Medium Enterprises (SMEs) have been shortlisted to tender for seven specific business opportunities offered by Qatar Development Bank (QDB) and Qatar Shell . The successful SMEs will become part of the supply chain for Pearl GTL, the world’s largest gas to liquids plant delivered by …

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University of Salford partners with Bahrain Institute of Banking and Finance

salford

The University of Salford, UK, has entered into a new partnership with the Bahrain Institute of Banking and Finance ( BIBF ) to launch a number of collaborative academic initiatives for the Kingdom of Bahrain and the UK. The two institutions have signed a Memorandum of Understanding (MoU) that will see the University become a BIBF academic provider of choice. …

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