Banking & Finance
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May 22, 2012 - 13:21 GMT
There was significant demand for the U.S. dollar in some banks today, but this was not a rush.
Today
08:53 GMT
The National Bank of Abu Dhabi (NBAD) plans to launch 8 new business banking centers in 2012 to further serve small- and medium-sized enterprises (SME) in the UAE.
May 23, 2012
12:16 GMT
(press release)
Kids Read is honouring World Environment Day with an interactive community event for primary school children aged six – nine and their parents at Jabir bin Zaid school on May 23.
12:02 GMT
Lebanon's Finance Minister Mohammad Safadi said Tuesday, calling for consensus on a draft law designed to ease fiscal pressures on the budget.
11:51 GMT
(press release)
Gulf Bank has received the Bank of the Year award from Arabian Business, the best selling business magazine in the Middle East.
10:33 GMT
Mashreq organized its annual function Mashreq Forum 2012. The forum hosted Her Excellency Sheikha Lubna Al Qasimi, UAE Minister of Foreign Trade.
09:57 GMT
(press release)
Dubai Islamic Bank priced on Tuesday 22 May a highly successful US$ 500 million 5 year Sukuk due May 2017 under its newly established US$ 2,500,000,000 Sukuk Programme.
09:13 GMT
(press release)
The Dubai Financial Services Authority met, today and last week, senior government officials, financial regulators, industry figures and academics in Hong Kong and Singapore.
09:00 GMT
(press release)
Arab Orient Insurance Company has signed an agreement with Bupa International, to expand health insurance coverage for individuals, families and companies in Jordan.
May 22, 2012
11:11 GMT
(press release)
UAE Ministry of Finance hosted a delegation from the Ministry of Finance of Oman at its headquarters in Abu Dhabi on Monday, May 21, 2012.
10:59 GMT
(press release)
Emirates NBD, a leading bank in the region, recently hosted its second Bon Appétit Experiences event at “Options” Restaurant in Dubai.
09:59 GMT
(press release)
Bank Sarasin's Sustainable Research team has compiled a universe of companies that make a sustainable contribution to the supply of water and treatment of wastewater.
May 21, 2012
12:28 GMT
(press release)
Burgan Bank and KIPCO Asset Management Company (KAMCO) announced today the re-opening of the virtual dealing room at Kuwait University.
12:23 GMT
(press release)
Dubai Investments is marking a presence at Build Libya 2012 by showcasing the industrial products and services of its subsidiaries.
07:50 GMT
(press release)
The Global Business Challenge received record number of participants from universities across the Middle East. About 100 teams registered for the annual competition from which six universities were shortlisted, from all across GCC.
05:26 GMT
(press release)
IBQ announced the start of the annual ‘Summer Season’ promotions for all IBQ credit card holders. The seasonal promotion will begin on May 1st and last until the 31st of October.
May 20, 2012
13:17 GMT
Saudi Arabian shares dropped nearly 2 per cent to a three-month low, weighed by declines in the heavyweight banking and petrochemical sectors.
12:14 GMT
(press release)
Gulf Finance House BSC, announced that it has successfully obtained the approval of its Sukuk holders to restructure its outstanding debt amounting to US$ 110 million.
11:15 GMT
(press release)
Barclays Bank announced that it is continuing to expand its corporate banking offering through the expansion of Debt Finance origination capabilities in the GCC.
10:41 GMT
A new agency will have daily oversight of financial services in the biggest shake-up of banking and finance in three decades.
08:39 GMT
(press release)
Al Ramz Securities has announced that it has signed an agreement with Al Jazira Capital in Saudi Arabia that will provide Ramz Clients with access to Tadawul the Saudi Stock Exchange.
07:33 GMT
Financial institutions, Al Hilal Bank and Mashreq, acting as the Mandated Lead Arrangers have successfully closed a club facility, structured on Shari’ah principles to finance construction of a THEME PARK in Dubai.
06:51 GMT
(press release)
Emirates NBD, the leading bank in the region, announced that it received the award for Best Bank Brand as well as an award for the Leading PR/Marketing Company, at the annual Arab Achievement Awards 2012.
May 17, 2012
12:52 GMT
(press release)
Emirates NBD organised an exclusive drive from Dubai to Hatta for a select group of its Priority Banking customers, with a chance to experience the latest models of Porsche cars from the 2012 line up.
11:36 GMT
The Bahrain All-Share Index yesterday closed at 1,156.31 points, marking an increase of 0.46 points above its previous closing.
11:03 GMT
(press release)
The Saudi economy maintains a positive outlook, enhancing the investment case for the TASI, highlighted NCB Capital in the updated version of its annual Saudi Factbook.
09:41 GMT
The National Bank of Abu Dhabi won the Best Payments Infrastructure Project in the Asian Banker Award 2012 for the Bank’s transformational payment engine rolled out last year.
07:09 GMT
(press release)
MasterCard and Bank Audi Jordan have jointly hosted a ceremony in Amman, attended by local MasterCard cardholders and merchants.
06:31 GMT
(press release)
cashU and Jazeera Airways announced a new partnership that enables Jazeera Airways passengers that do not have a bank account or a credit/debit card to securely complete transactions using cashU’s prepaid cards and services.
May 16, 2012
12:40 GMT
(press release)
The Dubai Financial Services Authority entered into a supplementary agreement on co-operation with the China Banking Regulatory Commission.
11:36 GMT
(press release)
Capital Club, Bahrain’s premier private business club, recently hosted an evening with the Indian Ambassador, His Excellency Dr. Mohan Kumar.
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