Banking

August 17, 2015

1

Algerian dinar hits historic low versus dollar

Algeria's currency has slipped to a record low against the US dollar, a central bank source said Monday, as falling crude prices more than halved vital oil revenues.

The dinar slumped to 105.84 to the dollar and 117.48 to the euro, according to the source. The dinar was estimated at 79.6 to the dollar in 2014.


(tradearabia)

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August 17, 2015

2

Averda Selects Kyriba for its Treasury Management Solution

(ME NewsWire)-- Kyriba Corp., the global leader in cloud-based Proactive Treasury Management, announced that Averda (averda™), the largest provider of integrated waste management solutions across the emerging world, has selected Kyriba for its treasury management software. Averda joins more than 1,000 organizations worldwide that trust Kyriba to optimize their cash, manage their risk, and work their capital.

Averda"...

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August 12, 2015

3

Algerian Banks absent from the rankings of best 1,000 finacial institutions in the world

Due to declining oil revenues and the curtailment of the credits, Algerian financial institutions are totally absent from the rankings of the best 1,000 financial institutions in the world.


Therefore, Algeria, undergoing headon the drastic fall in the price ofoil, is not to be found in the International ranking of the best bank in the world during"...

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August 5, 2015

4

Visa Opens Technology Center in Bangalore; Accelerates Digital Commerce Globally

Visa Inc. (NYSE:V) today announced the opening of a new technology development center in Bangalore, India, that will play a central role in the company’s efforts to accelerate digital commerce globally. As part of the opening ceremonies, Visa announced mVisa, a new mobile payment service that will be tested this summer with merchants across the Bangalore region and with customers of Axis Bank, HDFC Bank, ICICI Bank, and SBI (State Bank of India).


...

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August 5, 2015

5

International Dairy Queen Opens First Location in Kuwait

The Dairy Queen® system, part of Berkshire Hathaway (NYSE: BRK.A and BRK.B), has opened a new DQ Grill & Chill® restaurant at the Marina Mall in Salmiya, Kuwait. The opening of this location makes Kuwait the 27th country outside the U.S. and Canada with a DQ® presence.


“We believe there is an incredible growth opportunity in this region,” said"...

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