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FGB awards prizes to credit card winners   

Khaleej Times - 19 January, 2013

First Gulf Bank (FGB), the major leading UAE financial institution, has handed over the grand prizes to the winners of its Abu Dhabi Credit Card’s annual draw.

Haresh Kumar received the keys to a luxurious two-bedroom sea view apartment in Ocean Terrace on Al Reem Island, while Karim Nakhle and Salim Akhtar drove off in brand new Audi R8 Quattro and Q5 luxury cars respectively.

Girish Advani, FGB’s Head of Credit Cards Business, said: “It’s important that a bank acknowledges and rewards customer loyalty. Our Abu Dhabi Credit Card scheme helps to reinforce the value that FGB’s cards bring to their customers, both in terms of the benefits of the cards as well as the potential to win large prizes.”
 
Sipchem set to start plant
Source : Gulf Daily News  
Date : 2015-03-31
A unit of Saudi International Petrochemical Company (Sipchem) will start commercial operations at its ethylene-vinyl acetate (EVA) and low-density polyethylene plant tomorrow, Sipchem said....
IT focus of workshop
Source : Gulf Daily News  
Date : 2015-03-31
Industry and Commerce Minister Zayed Al Zayani opened a workshop 'eCommerce... Bahraini Platform... To Global Markets' at the Bahrain International Exhibition and Convention Centre....
Cash dividend wins approval
Source : Gulf Daily News  
Date : 2015-03-31
The shareholders of Securities and Investment Company (SICO), a Bahrain-based conventional wholesale bank, have approved the payment of cash dividend of BD3.86 million representing nine per cent of the paid-up...
EMC's solutions boost for Bapco
Source : Gulf Daily News  
Date : 2015-03-31
An agreement signed by Bapco and EMC has led to the deployment of EMC Data Domain systems by the refiner....
KHCB capital plan wins shareholders' approval
Source : Gulf Daily News  
Date : 2015-03-31
Shareholders of Khaleeji Commercial Bank (KHCB) have approved reducing the bank's paid up capital by 13.36 per cent, from BD115,416,109 to BD100,000,000 through decreasing the number of shares from 1,154,161,084...
BBK's $400m bond issue a big success
Source : Gulf Daily News  
Date : 2015-03-31
BBK has announced the closing of a bond issuance of $400 million....
Investcorp-Mumtalakat acquire education firm
Source : Gulf Daily News  
Date : 2015-03-31
Investcorp, an alternative investment manager, has signed a definitive agreement to acquire Nobel Learning, a provider of private preschool through high school education in the US, from Leeds Equity Partners,...
Relations with Qatar strong on many levels: US envoy
Source : Gulf Times  
Date : 2015-03-31
US ambassador Dana Shell Smith discussed Qatari-American relations at a forum in Washington, DC, recently....
Consumer subcommittees to control market, boost economy: official
Source : Kuwait News Agency  
Date : 2015-03-31
A Ministry of Commerce and Industry body targeting protection of consumers against negative practices on the market has finalized the formation of subcommittees, a ministry official said. Forming the subcommittees of...
CBK's Institute of Banking Studies, HBS jointly launch regional training program
Source : Kuwait News Agency  
Date : 2015-03-31
Governor of the Central Bank of Kuwait (CBK) Dr. Mohammad Al-Hashel said the Bank's Institute of Banking Studies (IBS) and the Harvard Business School (HBS) will jointly organize a program...
Kuwait's crude oil exports to Japan up 8.9 pct
Source : Kuwait News Agency  
Date : 2015-03-31
Kuwait's crude oil exports to Japan rose 8.9 percent in February from a year earlier to 7.25 million barrels, or 259,000 barrels per day (bpd), for the first increase in...
Kuwait signs two memos with Iraq on oil, gas
Source : Kuwait News Agency  
Date : 2015-03-31
Kuwait and Iraq have signed two memorandums of understanding regarding oil fields on their shared border and the possibility of Kuwait importing natural gas from Iraq, an official spokesperson for...
Malaysia-Kuwait trade up by 109.3 pct in 2014: MATRADE
Source : Kuwait News Agency  
Date : 2015-03-31
Trade exchange between Malaysia and Kuwait rose by 109.3 percent last year to USD 1.87 billion, compared to USD 850.8 million in 2013, Malaysia External Trade Development Corporation (MATRADE) has...
Abu Dhabi to export auto spare parts
Source : Khaleej Times  
Date : 2015-03-31
A foundry is being built in Abu Dhabi’s Khalifa Industrial Zone (Kizad) to produce automotive parts for the leading automobile manufacturers, BMW, Volkswagen and Mercedes-Benz....
STTIM 2015 offers opportunities, strategies for tourism sector
Source : Arab News  
Date : 2015-03-31
The 8th edition of Saudi Travel and Tourism Investment Market (STTIM 2015) formally began on Monday with experts at technical sessions brainstorming on investment opportunities, strategies and aspirations for a...
Inter-GCC trains to travel at a speed of 350km per hour
Source : Gulf Times  
Date : 2015-03-31
Long-distance passenger trains to be run between Qatar and other GCC countries, after the completion of the fourth phase of the railway construction across the state during the early 2030s,...
UAE prioritises investments in science and technology
Source : Khaleej Times  
Date : 2015-03-31
Investments in science, technology and research are top priorities for the UAE, and are in line with the federal government’s UAE Vision 2021 and its strategy for sustainable economic growth...
DIFC highlights Dubai's status as investment hub
Source : Khaleej Times  
Date : 2015-03-31
Dubai has organically emerged as a leading regional trade and finance hub with minimal government control and private sector regulation backed by state-of-the art infrastructure and a world-class business environment,...
Dubai off-plan generates interest among investors
Source : Khaleej Times  
Date : 2015-03-31
The Dubai off-plan market is generating interest among end-users and investors, only where developers are offering attractive payment terms and special deals. This was in evidence at the 11th International...
Abu Dhabi housing demand stronger
Source : Khaleej Times  
Date : 2015-03-31
The demand for good quality housing across all price points is fiercer than ever, say industry experts, as a rapid growth in the international workforce has seen a 50 per...
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