Banking & Finance
Emirates NBD, a leading bank in the region, was twice recognised at the recent Effie MENA Awards 2013.
Egypt's foreign reserves fell for the third consecutive month in November by 4.8 percent amidst growing economic struggles within the country.
December 8, 2013
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of its new Child Savings Account.
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, marked the 42nd UAE National Day by organising a special ceremony at the company’s headquarters in Dubai.
December 5, 2013
Qatar foreign workers sent nearly $200 million less remittances in 2013.
Abu Dhabi Islamic Bank (ADIB), has been named the ‘Best Islamic Bank in the Middle East’ for 2013 by The Banker Magazine in recognition of the bank’s rapid growth and customer service.
December 4, 2013
Global Islamic banking assets with commercial banks are expected to reach $1.72 trillion in 2013
Emirates NBD Asset Management announced a strategic partnership on its global public funds with Jupiter Asset Management.
UAE’s leading bank Mashreq has championed a social media campaign linked to Expo 2020 that expresses a vision of what Dubai will be like in the future.
December 3, 2013
Reports from Monday announced that 4 Gulf countries were expected to release a common GCC currency by the end of the year. However, the Gulf Monetary Council dismissed media reports Tuesday, saying that no common currency is scheduled to be released anytime soon.
alizz islamic bank (SAOG), one of the first dedicated Islamic Banks in Oman, recently held its third Fatwa & Shari’a Supervisory Board (FSSB) meeting for the first time at the bank’s Head Office in Alizz Tower located in the Central Business District (CBD).
First Gulf Bank (FGB), one of the major leading banks in the UAE, was named by the Banker Magazine, as the “2013 Bank of the Year - United Arab Emirates”.
The Chartered Institute of Management Accountants (CIMA) has received the highly coveted Global Islamic Finance Awards under the ‘Best Islamic Finance Education Provider 2013’ category.
Doha Bank, the leading private commercial bank in Qatar, has been named ‘Bank of the Year 2013 – Qatar’ by The Banker magazine, an affiliate publication of ‘The Financial Times’.
December 2, 2013
Describing the issue as “strange and shocking”, Odwan insisted that the alleged deal is a fraud.