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Shukran loyalty programme credit cards to launch soon

Standard Chartered Bank and MasterCard have teamed up with the UAE’s Landmark Group to introduce Shukran credit cards. The two bank cards – Standard Chartered MasterCard Shukran World and Standard Chartered MasterCard Shukran Titanium – will allow cardholders to collect and use Shukran points with just one card providing high levels of convenience and reward…

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UAE’s First Gulf Bank expected to reach loan growth of 9-11% in 2015

Abu Dhabi’s First Gulf Bank (FGB), which is the third-largest lender in the United Arab Emirates, expects to achieve loan growth of 9-to-11% in 2015. “In 2014, we grew [loans by] 11%, so 9, 10, 11 % is what would you expect from us,” chief financial officer Karim Karoui told reporters after the bank’s annual…

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