Trade & Services

Al Ansari Exchange wins ‘Superbrand’ award for ninth consecutive year

UAE, August 10, 2014 - Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has been declared a ‘UAE Superbrand’ for ninth consecutive year by Superbrands Council, the world's largest independent brand arbiter. The company accepted the trophy during the event held in honor of UAE’s strongest brands recently at Al Baraha Ballroom, InterContinental Dubai Festival City. 

Zain Group first-half 2014 revenues up 3% to USD 2.23 billion, net income up 3% to USD 407 million

  • Zain adds 2.1 million new customers reflecting a 5% year-on-year growth rate, and ending the period serving 46.5 million
  • Data revenues increase by an encouraging 21%, representing 15% of total Group revenues    

Kuwait - 21 July, 2014: Zain Group, a pioneer of mobile telecommunications across the Middle East and Africa, announces its consolidated financial results for the six months ended 30 June, 2014.

GCC countries achieve manifest ranks in the UN e-Government Survey 2014

  • All six GCC countries rank within the top 10 in Western Asia
  • Bahrain, UAE & KSA rank under top 20 countries in online service delivery

UAE, July 16, 2014 - ICDL GCC Foundation, an organization under the authority of ICDL Arabia that promotes digital skills and cyber safety across the region, has shared the recent findings of the United Nations (UN) e-Government Survey 2014, pointing out the excellent performance of the GCC countries.

BankMed is the first bank in Lebanon to assess the status of the country’s oil and gas potential

Beirut, 27 June, 2014:  In line with its efforts to evaluate the status of economic sectors in Lebanon and assess their viability and contribution to the Lebanese economy, BankMed held on June 27, 2014 a forum, titled, “Oil and Gas in Lebanon 2014,” at the Four Seasons Hotel in Beirut to address Lebanon’s oil and gas potential. The event, which received high interest and recognition, was attended by a large number of the Bank’s clients and key stakeholders in the sector.