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Posted inAustralian Exchange

Emirates Islamic’s net profit surpasses AED 1.0bn mark for the first time

DUBAI: Emirates Islamic (EIB), one of the leading Islamic financial institutions in the UAE, has reported a strong set of results with net profit of AED 1.061 billion for the…
Posted by NNR January 27, 2020
Posted inAustralian Exchange Singapore Exchange

Pauline Blight-Johnston appointed CEO and MD of Genworth Mortgage Insurance Australia

SYDNEY: Genworth Mortgage Insurance Australia Limited announced that Ms. Pauline Blight-Johnston has been appointed Chief Executive Officer and Managing Director; her appointment will take effect on Monday, 2 March 2020.…
Posted by NNR January 24, 2020
Posted inAustralian Exchange

Financial strength rating of Florida Family Insurance Group downgraded with stable outlook

OLDWICK: Global credit rating agency, AM Best has downgraded the Financial Strength Rating (FSR) of Florida Family Insurance Company (FFIC) and its subsidiary, Florida Family Home Insurance Company (FFHIC), while…
Posted by NNR January 23, 2020
Posted inAustralian Exchange

First Abu Dhabi Bank intends to acquire Bank Audi Egypt

ABU DHABI: First Abu Dhabi Bank (FAB) has entered into exclusive discussions with Bank Audi to acquire its fully owned subsidiary in Egypt, Bank Audi Egypt.  A working group has…
Posted by NNR January 23, 2020
Posted inAustralian Exchange

QSE closes registration for its Financial Education Competition for Universities

DOHA: Qatar Stock Exchange (QSE) has closed registration for its second annual Financial Education Competition for Universities, whose final ceremony will be held and its prizes will be presented on…
Posted by NNR January 22, 2020
Posted inAustralian Exchange

SHUAA led issuance of GFH Financial Group’s $300mn Sukuk oversubscribed more than two times

DUBAI, UAE: SHUAA Capital, the asset management and investment banking platform created by the merger of SHUAA Capital and Abu Dhabi Financial Group (ADFG), announced that it had along with…
Posted by NNR January 22, 2020
Posted inAustralian Exchange

Latin American insurance markets could see boost in 2020

NEW YORK: Global insurance industry credit rating agency, AM Best expects Latin America’s economies to rebound somewhat in 2020, which would help the insurance markets in these countries better realize…
Posted by NNR January 19, 2020
Posted inAustralian Exchange

Al Ramz buys market‐making business of SHUAA Capital

DUBAI: Al Ramz Corporation Investment & Development PJSC announced the acquisition of the market‐making business of SHUAA Capital, the leading Asset Management and Investment Banking platform in the region created…
Posted by NNR January 16, 2020
Posted inAustralian Exchange

Bahrain Bourse adopts new listing rules to clarify regulatory and organizational framework

MANAMA, BAHRAIN: Bahrain Bourse’s (BHB) has adopted the new Listing Rules that aim to clarify the regulatory and organizational framework governing all operational aspects of Bahrain Bourse, particularly future listings.…
Posted by NNR January 14, 2020
Posted inAustralian Exchange

AM Best affirms credit ratings of EyeMed Insurance Company

OLDWICK: AM Best, a global credit rating agency, news publisher and data provider specializing in the insurance industry, has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term…
Posted by NNR January 12, 2020
Posted inAustralian Exchange Singapore Exchange

SGX RegCo enhances rules governing listings review, increases oversight and due diligence standards

SINGAPORE: Singapore Exchange Regulation (SGX RegCo) is incorporating The Association of Banks in Singapore (ABS) Listings Due Diligence Guidelines (ABS Guidelines) and Issue Managers (IM) independence requirements into the Mainboard…
Posted by NNR January 10, 2020
Posted inAustralian Exchange

AM Best maintains Brazil reinsurance market outlook at negative

NEW YORK: AM Best continues to hold a negative outlook on Brazil’s reinsurance sector, due predominantly to macroeconomic instability and a declining interest rate environment that has led to lower…
Posted by NNR January 9, 2020

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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