July 20, 2016 - 11:00 GMT
Banks have now been invited to submit bids to takeover Barclays banks in Egypt, with the bank's equity value estimated around $400 million.
July 20, 2016 - 06:30 GMT
The Jordan Investment Fund aims at investing in national development for-profit mega projects in strategic sectors like transportation, energy, water and infrastructure.
July 18, 2016 - 10:33 GMT
Oman Arab Bank (OAB) has signed an agreement with the Sultanate’s most trusted insurance company, National Life & General Insurance company, to introduce six new bancassurance products to OAB customers.
July 18, 2016 - 06:54 GMT
United Arab Bank P.J.S.C ("UAB" or “the Bank”) announces its Financial Results for the six months ended 30th June 2016.
July 17, 2016 - 12:16 GMT
Bank Nizwa’s auto finance Ramadan Campaign has been well received across Oman by individuals looking to avail of Shari’a-compliant finance solutions to purchase their vehicle of choice.
July 17, 2016 - 10:18 GMT
Moody’s latest report about the credit rating of Lebanese banks, maintained its negative outlook of the local lenders amid a volatile regional situation and lower GDP growth.
July 17, 2016 - 09:00 GMT
Egypt is already considered a cheap destination and another round of currency devaluation is unlikely to revive tourism specifically without improvements to security, analysts say.
July 17, 2016 - 07:00 GMT
The facility will provide Arabtec will additional funding to be directly deployed towards delivering ongoing and newly-awarded projects.
MoF begins implementation of circular no.3 ‘uploading Emirates ID details within employees’ records in the Federal Financial System’
July 14, 2016 - 09:58 GMT
The Ministry of Finance (MoF) announces that it will begin implementation of the circular and will withhold July salaries of employees with incomplete or inaccurate national ID details.
July 13, 2016 - 12:17 GMT
Hussain Al Qemzi, CEO, Noor Bank, one of the fastest growing Islamic banks in the region, today rang the market-opening bell to celebrate the listing of Noor Bank’s USD 500 million debut Tier 1 Sukuk on Nasdaq Dubai.
Mashreq & Arab Bank arrange BHD 107 Million facilities for the Bahrain International Airport Modernization Project
July 13, 2016 - 10:25 GMT
Mashreq bank psc (Mashreq) has announced successful coordination of a BHD 107 Million (AED 1,050 Million) contracting facility for financing the bonding and working capital requirements of the Arabtec Construction.
National Bank of Fujairah hosts “NBF GenNext” programme to help build a new generation of business leaders in the UAE
July 13, 2016 - 10:20 GMT
National Bank of Fujairah PJSC (NBF) announced this week that it is hosting its second annual “NBF GenNext” initiative.
July 13, 2016 - 09:20 GMT
Gulf International Bank (GIB) is pleased to announce the appointment of Mr. Osamah Mohammed Shaker as the new Chief Executive Officer of GIB Capital LLC, a wholly owned subsidiary of GIB, effective since 29 June 2016.
July 13, 2016 - 09:10 GMT
Rewarding its valued customers like never before, Oman Arab Bank (OAB) recently distributed 157,500 OMR to the 17 lucky winners of its Monthly, Elite and Eid Al Fitr Hassad Savings Scheme draws.
Mariam Adel Fahad Al-Khamees wins a new Cadillac SRX in Gulf Bank’s Red & Salary Account quarterly draw
July 13, 2016 - 04:44 GMT
Gulf Bank welcomed Mrs. Mariam Adel Fahad Al-Khamees, the second quarterly Red and Salary Account draw winner of 2016, at the Cadillac showroom in Al Rai Area.