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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.”
Iran moving towards economic stability in post-JCPOA era
Source : Islamic Republic News Agency  
Date : 2016-02-11
Abdullah Molaie told IRNA on Wednesday that the post-sanction era provided an opportunity to highlight Iran's role in the region....
Iran, Russia set to expand customs ties
Source : Islamic Republic News Agency  
Date : 2016-02-11
'Russia is trying to settle the customs issues with Iran,' the Russia official said in the meeting quoted in a press release issued on the Iranian embassy website....
Damac's 2015 net profit surges 30pc to $1.23bn
Source : TradeArabia  
Date : 2016-02-11
Damac Properties, a leading developer of high-end properties in the Middle East, said it has registered a net profit of Dh4.51 billion ($1.23 billion) for 2015, up 30 per cent...
Kuwait bourse heads south as volume dips
Source : Arab Times  
Date : 2016-02-11
Kuwait stocks headed south on Wednesday extending the losses to second straight session. The key index dropped 15.93 points to 5,147.87 points amid selling pressure in some of the banks...
Warba Bank consolidates position in local market, expands its operations
Source : Kuwait Times  
Date : 2016-02-11
Warba Bank, which is one of the fastest growing banks in Kuwait offering the entire spectrum of world-class Shari-compliant banking and investment service, announces its annual fiscal results for year...
Zain Group generates revenues of KD 1.14 bn
Source : Kuwait Times  
Date : 2016-02-11
Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial results for the year 2015 & fourth quarter ended 31...
Muscat bourse recovers on local buying support
Source : Times of Oman  
Date : 2016-02-11
Shares on the Muscat Securities Market (MSM) edged up on better support from retail investors. The MSM 30 Index closed higher at 5,395.45 points, up by 0.14 per cent. The...
Omantel scraps plans to issue dual-currency sukuk
Source : Times of Oman  
Date : 2016-02-11
Oman Telecommunications Company (Omantel) has decided not to proceed with the proposed issuance of the certificates at the present time, it said in a disclosure statement to the Muscat Securities...
SIB receives 300 applications on first day of career fair
Source : Gulf Today  
Date : 2016-02-11
Sharjah Islamic Bank (SIB) is continuing its participation in the 18th National Career Exhibition, being held at the Expo Centre Sharjah from February 10 to 12, 2016, with the participation...
DFSA makes changes to Collective Investment Rules
Source : Gulf Today  
Date : 2016-02-11
The Dubai Financial Services Authority Board (DFSA) has enacted changes to the regime for Collective Investment Funds, which came into force on Monday, 1st February, 2016....
Al Habtoor, Masdar chief discuss renewable energy
Source : Gulf Today  
Date : 2016-02-11
Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group received Dr Sultan Al Jaber, Minister of State in the United Arab Emirates and Chairman of Masdar....
DI showcases pioneering concepts, projects
Source : Gulf Today  
Date : 2016-02-11
Dubai Investments, the leading diversified investment conglomerate listed on the Dubai Financial Market, is showcasing pioneering real estate concepts and projects of its subsidiaries - Dubai Investments Park [DIP] and...
DCCI urges firms to tap Silk Road opportunities
Source : Gulf Today  
Date : 2016-02-11
As part of its preparation for the first Commonwealth of Independent States Global Business Forum, CIS GBF 2016, in Dubai next week, the Dubai Chamber of Commerce and Industry, DCCI,...
Flydubai's 2015 revenues surge 11% amid challenges
Source : Khaleej Times  
Date : 2016-02-11
Flydubai on Wednesday declared Dh4.9 billion revenues for 2015, showing an 11 per cent year-on-year growth, despite challenging environment....
Cooking gas price slashed by Dh2 across UAE
Source : Khaleej Times  
Date : 2016-02-11
Adnoc Distribution has announced the new retail price of unsubsidised LPG cylinders for this month....
Finance House posts robust growth
Source : Khaleej Times  
Date : 2016-02-11
Finance House reported a robust growth of 36.3 per cent year-on-year in income from net interest and Islamic finance in 2015 to Dh198 million....
Aqualia gets award for step to modernize water sector
Source : Saudi Gazette  
Date : 2016-02-11
The Governor of Riyadh Prince Faisal Bin Bandar Bin Abdul Aziz Al Saud) presented the Award for Water to Javier Díaz, manager of Aqualia in Saudi Arabia, during the Saudi...
Program crafted to employ Saudi youth in hospitality
Source : Saudi Gazette  
Date : 2016-02-11
Corporate Social Responsibility (CSR) programs are one of the main concerns of Al Mathaaq Hospitality. To strengthen its position as an effective and responsible member of the community, Al Mathaaq...
Tadawul to start trading from 10 a.m. local time
Source : Arab News  
Date : 2016-02-11
The Saudi Stock Exchange will start trading one hour earlier at 10:00 local time (07:00 GMT) effective from April 3, it said in a statement, as part of a move...
Gulf states 'need innovative funding solutions to keep up capital spending'
Source : Arab News  
Date : 2016-02-11
GCC states may have to look at innovative dorms of finance to pay for its big infrastructure bill, according to Standard & Poor's Ratings Services Standard & Poor's says that Gulf...
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