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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.”
 
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Source : Kuwait Times  
Date : 2015-07-01
Kuwait Stock Exchange (KSE) ended the month of June with variance to its indices. The Price Index closed at 6,202.95 points, down by 1.42 percent compared to the closing of...
Kuwait bans live bird imports from Ghana
Source : Kuwait Times  
Date : 2015-07-01
The Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) has banned the import of all live birds, poultry, chicks, and eggs from Ghana due to outbreak of bird flu...
Oman's stock market witnesses listless trading
Source : Times of Oman  
Date : 2015-07-01
Oman’s general index — MSM30 Index — closed lower at 6,424.60 points, down by 0.11 per cent. The MSM Sharia Index declined 0.17 per cent to close at 992.57 points....
Turkmenistan willing to expand economic ties with Iran
Source : Islamic Republic News Agency  
Date : 2015-07-01
Representative of vice-president of Turkmenistan says the Turkmen president stresses on the expansion of trade and economic ties with Iran....
Foreign airlines earn $3bn in Iran annually: ICAO chief
Source : Tehran Times  
Date : 2015-07-01
Head of Iran's Civil Aviation Organization (ICAO) says foreign airlines earn some 3 billion dollars by selling tickets in the country annually while Iran is still under sanctions....
Emirates debunks US subsidy allegations
Source : Khaleej Times  
Date : 2015-07-01
In a long-awaited formal response to allegations of subsidy and unfair competition leveled by the big three US legacy carriers, Emirates airline on Tuesday rejected the trio’s claims, saying their...
Cedar Management acquires IBS Publishing
Source : Khaleej Times  
Date : 2015-07-01
Cedar Management Consulting International on Tuesday announced that it has acquired the business and operating assets of IBS Publishing, the leading UK based financial technology research, publication and consulting firm....
Al Rawabi plans Dh25m investment
Source : Khaleej Times  
Date : 2015-07-01
Al Rawabi on Tuesday announced a Dh25 million investment in its cold storage facility to meeting the rising demand of its dairy products....
Etisalat, NBAD launch Mobile Cashier service
Source : Khaleej Times  
Date : 2015-07-01
Etisalat and National Bank of Abu Dhabi, or NBAD, have partnered to jointly deliver Mobile Cashier, a mobile point of sale (mPOS) solution to businesses across the UAE. The new...
Noor Bank marks listing of $500m sukuk
Source : Khaleej Times  
Date : 2015-07-01
Hussain Al Qemzi, CEO, Noor Bank, rang the market-opening bell on Tuesday to celebrate the listing of a $500 million Sukuk on Nasdaq Dubai, the international financial exchange serving the...
Dubai hotels now more affordable, but rank fourth priciest in world
Source : Khaleej Times  
Date : 2015-07-01
Hotels in Dubai have become more affordable with the city now ranks as the world’s fourth-most expensive place compared to its position in 2014 as the second costliest for visitors...
Need to protect interests of Omani shareholders
Source : Oman Daily Observer  
Date : 2015-07-01
Omanis have begun to recognise the importance of savings and investing in securities, including bonds and equities. Laws should be changed to ensure that citizens benefit from IPOs....
No health insurance, no visa, says DHA
Source : Khaleej Times  
Date : 2015-07-01
From August 1, no new visa will be issued or the existing one renewed if the applicant does not have health insurance coverage....
Water use rises in the Sultanate
Source : Oman Daily Observer  
Date : 2015-07-01
The household drinking water sources had increased at the rate of 24.3 per cent during the period between 2003 and 2010....
Abu Dhabi finance zone gears up to open with draft rules
Source : Arab News  
Date : 2015-07-01
Abu Dhabi’s new financial free zone, which aims to become a top banking center for the region, took a step toward opening for business by issuing draft laws covering fund...
Saudi Re outlook stays stable; ratings affirmed
Source : Saudi Gazette  
Date : 2015-07-01
Standard & Poor's Ratings Services affirmed its 'BBB+' long-term issuer financial strength and counterparty credit ratings on Saudi Re for Cooperative Reinsurance Co (Saudi Re). The outlook remains stable. At...
Oman Air recruits more Omani pilots
Source : Saudi Gazette  
Date : 2015-07-01
FOLLOWING the graduation in March of 10 Omani cadet pilots, Oman Air is now recruiting more candidates from within the Sultanate of Oman....
Emaar Residences at Fairmont Makkah awaits potential investors
Source : Saudi Gazette  
Date : 2015-07-01
EMAAR Middle East, a subsidiary of Emaar Properties PJSC, is celebrating blissful living in the unmatched setting of luxury serviced apartments in Emaar Residences at the Fairmont Makkah, in close...
SABB launches cash withdrawal service for Amex cardholders
Source : Saudi Gazette  
Date : 2015-07-01
The Saudi British Bank (SABB) launched a new service whereby American Express card holders can make cash withdrawals from SABB’s ATMs. The new service offers a great degree of convenience,...
KAEC opens new Customer Care Center
Source : Saudi Gazette  
Date : 2015-07-01
Providing a further boost to its long-term development plans, King Abdullah Economic City (KAEC) has recently announced the opening of its new Customer Care Center....
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