Banking & Finance
January 12, 2014
The National Bank of Abu Dhabi has appointed Christophe Kloeti as the Head of Trade Finance in France.
Jordan Ahli Bank announced Mohammad Ali Saadawi as winner of its fourth Goushan Al Omor Greenland villa.
January 9, 2014
Doha Bank and Ooredoo announced an agreement that will upgrade the bank’s network infrastructure, enhancing its customer experience and reinforcing security.
The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund has been named the Best Sukuk Fund by Islamic Business & Finance Awards CPI Financials.
The Central Bank of Egypt has eased restrictions on foreign currency transfers abroad, allowing individuals to make a one-time transfer of up to $100,000 this calendar year.
PGGM has withdrawn its investments in five Israeli banks over their activities in West Bank settlements.
January 8, 2014
Prince Alwaleed bin Talal, the chairman of Kingdom Holding Company and one of the richest individuals in the world, was ranked number one in Arabian Business Magazine's Most Influential Arabs of 2013
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial institution, has launched a new capital-protected note that allows customers to invest in the world’s biggest car manufacturers.
Qatar, Saudi Arabia and the UAE continue to witness strong growth this year with further sukuk issuances amounting to $1.5 billion.
January 7, 2014
Deputy Prime Minister Ali Babacan sought to play down the impact of the crisis on the once fast-growing emerging economy as only "temporary", although analysts warned that investors had taken fright.
Janet Yellen has been the vice chair of the Fed’s Board of Governors since 2010 and will take over from Ben Bernanke when his second four-year term as Chairman of the Federal Reserve ends on 31 January 2014.
Emirates NBD announced the launch of an innovative savings product called ‘Shake n' Save,’ which allows customers to save between AED 50 and AED 2,000, by simply shaking their mobile device.
Saudi Arabia announced a new welfare program for its citizens this week for "deserving" citizen applicants able to receive unemployment insurance and housing loans.
The National Bank of Abu Dhabi’s (NBAD) recent Fursati event explored means and ways for women in the UAE to participate in the opportunities to be generated during the run up to and from Dubai Expo 2020.
Smart Pay, the WPS-compliant leading payroll solution from UAE Exchange, has stood up for the needy yet again.