Banking & Finance
April 17, 2014
The National Bank of Abu Dhabi’s NBAD MENA Bond Fund will pay to its investors a semi-annual distribution equal to 1.75% for USD share class.
Doha Bank has entered into an agreement with HSBC Bank Oman to purchase the banking business of HSBC Bank Oman in India.
NCB Capital has launched a free local shares live price service for all its brokerage customers who use its Basic online trading service, Alahli Tadawul.
Moody’s Investors Service said that National Bank of Kuwait (NBK) is well positioned to take advantage of new business opportunities.
Mashreq announced its participation in Gitex Shopper 2014 to take place at the Dubai World Trade Centre (DWTC) from 23-26 April 2014.
The interim government is currently preparing a new economic stimulus package that will focus on the industrial, housing and construction, communication and tourism sectors.
April 16, 2014
Bahraini banks will be fully ready to implement the Basel III international banking standards on new capital requirements by next year, the governor of the Central Bank of Bahrain (CBB) said
Al Hilal Takaful has joined a global gathering of ‘Takaful’ leaders at the 9th World Takaful Conference which began on Monday, April 14, 2014.
The World Bank has agreed to support Lebanon's Finance Ministry with a $5.2 million loan.
National Bank of Fujairah announced the official opening of the office of NBF Capital Limited, a fully-owned subsidiary of the bank that offers bespoke financial advisory solutions.
Some of HSBC Bank Oman’s most promising Omani staff participated in a two-day Career Development Programme (CDP) workshop in Muscat.
Dubai Islamic Bank announced that Foreign Ownership Limit allowed for the bank has been increased by an additional 10% post completion of all regulatory formalities.
Mubasher Financial Services is pleased to announce that it has appointed Hanan Koubeissy as its Group Director of UAE Branches.
April 15, 2014
First Gulf Bank has concluded the creation of a Negotiable Certificate of Deposit (NCD) programme, delivered by its Singapore Branch, serving as its Asia Pacific (APAC) hub.
Deloitte experts weigh in on the changes that will occur as a result of the Expo 2020 Dubai win, as well as the challenges facing senior management in the GCC.