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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.”
 
Saudi energy experts, read my lips
Source : Arab News  
Date : 2014-09-01
Norway has oil and gas. It is their bread and butter and so is the case with Saudi Arabia. We also have oil and gas but it is not only...
No decision on freezing of 'suspicious' bank accounts
Source : Arab News  
Date : 2014-09-01
Local banks have not been given directives to freeze the accounts of foreign workers whose bank transactions are not proportionate to their wages, local media reported....
Value of Saudi construction contracts awarded in Q2 '14 rebounds to SR84.9 billion
Source : Saudi Gazette  
Date : 2014-09-01
The value of awarded contracts in Saudi Arabia during Q2’14 has regained the momentum that has been witnessed over the last few years, the National Commercial Bank said in its...
UAE to provide Egypt with $ 8.7bn petroleum products
Source : Arab News  
Date : 2014-09-01
The UAE will provide Egypt with petroleum products worth $ 8.7 billion over a year starting in September, an Egyptian official told Reuters on Sunday....
Batelco seeks $ 212m from former Indian partner
Source : The Peninsula  
Date : 2014-09-01
Batelco will pursue its former Indian business partner for $ 212m it says he owes the company, even though he was declared bankrupt last week, the Bahraini telecom operator said...
Hotel occupancy in Abu Dhabi hits 55% as guest arrivals up 26% in July
Source : Khaleej Times  
Date : 2014-09-01
Abu Dhabi’s hotel occupancy nudged three points to reach 55 per cent in July....
China to buy a larger share of GCC's exports
Source : Arab News  
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The relationship between China and the Gulf countries can only go one way....
Qatar Government urged to curb price rise
Source : The Peninsula  
Date : 2014-09-01
A number of key Qatari businessmen have identified what they say is unchecked price rise as a major woe facing them, the national economy and society as a whole....
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Source : Saudi Gazette  
Date : 2014-09-01
The transfer of most commercial cargo activities from Muscat port to Sohar, is critical to boosting tourism and future industrial development in Oman, leading international real estate consultancy Cluttons said....
Power, oil & gas sectors account for 60% of SR84.9bn contracts 
Source : Arab News  
Date : 2014-09-01
Saudi Arabia recorded a significant upswing in the value of awarded contracts during the second quarter of 2014 as it reached SR84.9 billion. It marked a strong rebound from the...
Emaar planning to sell 15 per cent of malls unit in IPO
Source : Khaleej Times  
Date : 2014-09-01
Developer Emaar is to sell at least 15 per cent of its retail subsidiary, Emaar Malls Group, or EMG, in an initial public offering on the Dubai Financial Market in...
Malaysia introduces SRI sukuk framework
Source : Saudi Gazette  
Date : 2014-09-01
The Securities Commission Malaysia has launched the Sustainable and Responsible Investment (SRI) sukuk framework to facilitate the financing of sustainable and responsible investment initiatives....
Middle East funds see value in popular Saudi stock market
Source : Saudi Gazette  
Date : 2014-09-01
Middle East funds are bullish on Saudi Arabia’s stock market despite concern it is getting richly valued, while they think the UAE has bottomed out after a volatile few months,...
GFH long-term rating increased
Source : Saudi Gazette  
Date : 2014-09-01
CAPITAL Intelligence (CI), the international credit rating agency, has raised the Gulf Finance House (GFH) long-term rating to ‘BB’ from ‘BB-’ and affirmed the short-term rating at ‘B’. The Outlook...
Al Khaliji Group names new CE
Source : Saudi Gazette  
Date : 2014-09-01
AL Khalij Commercial Bank officially appointed Fahad Abdulla Al Khalifa as Group Chief Executive Officer....
Etihad Airways offers optimal level of care for its staff
Source : Saudi Gazette  
Date : 2014-09-01
An ambulance service for Etihad Airways began operations in Abu Dhabi today, as part of the airline’s commitment to provide world-class medical emergency response for its employees....
IFC invests in ACWA Power
Source : Saudi Gazette  
Date : 2014-09-01
International Finance Corp (IFC), a unit of the World Bank, has completed a SR375 million ($100 million) equity investment in Saudi Arabia-based water and power project developer ACWA Power....
Zain KSA introduces new offer on prepaid
Source : Saudi Gazette  
Date : 2014-09-01
Zain KSA launched its latest offer on all prepaid packages, providing subscribers with additional balance and data with every recharge operation on SR 20 or more....
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Source : Saudi Gazette  
Date : 2014-09-01
The Saudi Ministry of Housing has rejected more than 300,000 applications for housing, while accepting more than 620,000 applications deemed eligible for the housing aid. Through SMS messages sent to...
Emaar surges before malls unit flotation
Source : Arab News  
Date : 2014-09-01
Shares in Dubai's Emaar Properties jumped in early trade on Sunday after the developer said it would launch an initial public offer for its malls unit next month in what...
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