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Doha Bank launches personal loan promotion
Doha Bank has launched a personal loan promotion that includes free loan postponements, a grace period, and extended repayment period for both Qatari's and expatriates. The loan can be availed only by those customers who transfer their salaries to Doha Bank and have a minimum salary of QR7,500.
Qatar: Tuesday, January 22 - 2008 at 08:44

Credit card fraud is growing problem
About 125 million pounds are lost annually in the Middle East as a result of credit card fraud, according Paul Rodgers, chairman of Vendorcom, a UK-based membership organisation representing stakeholders in the payment card industry. He said credit card fraud is growing 20% in the region, which will continue to be vulnerable until more systems and processes are put in place to prevent fraud, reported Gulf News.
Monday, January 21 - 2008 at 08:05

High prices may hit gold jewellery buyers
Gold jewellery buyers in Dubai will be deterred if the price for the precious metal again rises above $900 an ounce, reported Reuters. Tawhid Abdullah, managing director of the Dubai Gold and Jewellery Group said high prices have weighed on sales of the precious metal for jewellery in Dubai, deterring buyers and depressing their value by 14% for 2007.
United Arab Emirates: Sunday, January 20 - 2008 at 08:45

Nepal & Qatar sign labor pact
Nepal and Qatar are set to sign an addendum protocol to a bilateral labour pact signed two years ago, reported Himlayan Times. The signing guarantees Nepali workers' remuneration and facilities as specified by the Labour Law of Qatar.The accord will be a milestone in establishing the legal status of Nepali migrant workers and will ensure better pay and perks as specified by the Labour Law of Qatar.
Qatar: Saturday, January 19 - 2008 at 11:52 |

QNB buys 20% into the Islamic Jazeera Company
Qatar National Bank (QNB) has bought 20% of Islamic Jazeera Company shares. Qatar Islamic Bank said it has sold 60 million shares of the Islamic Jzeera Company to different buyers, including QNB, Qatar Insurance Company, and Kuwaiti Global Investment House. The percentages of taken by the other buyers has not been announced.
Qatar: Thursday, January 17 - 2008 at 17:02 |

Win 1kg of Gold at Dubai Shopping Festival
Residents and tourists alike have the chance to pick up 1kg of gold a day during the Dubai Shopping Festival. The Dubai Gold & Jewellery Group, a sponsor of the festival, has unveiled prizes of 32kg of gold, worth Dhs3.5m ($954,000). To enter the draw, customers need to buy gold jewellery worth Dhs500 from any of the DSF participating outlets in Dubai. The accompanying coupon will allow them to enter the daily raffle draw for 1kg gold.
United Arab Emirates: Wednesday, January 16 - 2008 at 08:13 |

Gold surges above $910
Gold soared to record highs above $910 an ounce on Monday as the dollar continued its decline, reported Reuters. Spot gold jumped as high as $914 an ounce and was quoted at $905 by 8pm Dubai time.
Tuesday, January 15 - 2008 at 07:01 |

First Gulf Bank's credit card enhanced
First Gulf Bank (FGB), one of the UAE's leading financial institutions has enhanced its partner network to offer its Platinum credit card customers even more appealing travel and leisure value-added features. The Platinum credit card, aimed specifically at the country's upwardly mobile segment, now offers further value added benefits for customers. These include fuel cash back, reward redemptions at malls and entertainment centres across the UAE including Abu Dhabi Mall, Wafi City, Mall of the Emirates, Lamcy Plaza, Sahara Center, Manar Mall, Ski Dubai and Wild Wadi.
United Arab Emirates: Monday, January 14 - 2008 at 10:32 |