Banking & Finance

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Islamic lenders Masraf al Rayan and Qatar Islamic Bank were the main reasons for the index's increase (File/AFP)
April 17, 2014 - 17:07 GMT
Qatar's main index rose 1.1 percent, making it the highest close since June 2008.

February 25, 2014

During the event
14:44 GMT

Former Chairman of the US Federal Reserve Dr. Ben S. Bernanke will speak at the 2014 Global Financial Markets Forum (GFMF), organised by the National Bank of Abu Dhabi (NBAD).

During the event
09:45 GMT
(press release)

Al Hilal Bank emerged as one of the most awarded institutions at the 2013 Islamic Finance News (IFN) Awards organized by Islamic Finance News – the world’s leading Islamic finance news provider.

February 24, 2014

Saif Al Mansoori, Deputy Head – Group Marketing & Branding, Emirates NBD
12:52 GMT
(press release)

Emirates NBD, a leading bank in the region, has been recognised as one of the top 100 banks that is active on social media during the last quarter of 2013, by The Financial Brand.

Lumiglass Industries is set to expand production capacity
12:03 GMT

Dubai Investments, a leading investment company listed on Dubai Financial Market, has announced that it is targeting 40 per cent growth in the demand for glass during 2014.

During the event
11:36 GMT
(press release)

Jordan Ahli Bank’s Small and Medium Enterprise (SME) Academy Unit recently held a free workshop on Exporting and Global Management.

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic
10:54 GMT
(press release)

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a zero remittance fee campaign for company accounts in Retail and Business Banking.

Al Hilal Bank
05:55 GMT
(press release)

Al Hilal Bank has on Sunday, February 23, 2014 held a Signing Ceremony for its Memorandum of Cooperation (MOC) with the UAE Wrestling, Judo and Kick Boxing Federation at the Al Hilal Headquarters

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
05:25 GMT
(press release)

Burgan Bank Group announced today its financial year 2013 results.

February 23, 2014

Shaham says that the bill must include a clause requiring the Tax Authority to notify taxpayers that it intends to provide a foreign tax authority with information about them.
14:04 GMT

"This bill is an earthquake for Israeli business and wealthy individuals. Now is the last chance to submit a request for voluntary disclosure," says Shaham.

During the event
08:39 GMT
(press release)

As part of its free training program, Jordan Ahli Bank’s Small and Medium Enterprise (SME (Academy unit recently held a free training workshop on Consultative Selling.

The ministry has been conducting studies on the economic effects of levying taxes on companies
08:14 GMT

The UAE has no immediate plans to impose tax on individuals, Sheikh Hamdan Bin Rashid Al Maktoum, Dubai’s deputy ruler and Minister of Finance has confirmed.

Tooran Asif, Head of Personal Banking, Mashreq
07:40 GMT
(press release)

Mashreq announced the launch of a new product namely Step-Up Saver, a capital guaranteed savings scheme that is designed for customers to get one of the best returns on a 18-month fixed deposit.

Al Ansari Exchange
06:25 GMT
(press release)

Al Ansari Exchange has launched a new rewards program for its Egyptian customers who will transmit money to their home country or purchase National Bonds from any of the company’s more than 130 branches across UAE.

Al Hilal Bank
05:55 GMT
(press release)

Global Finance has ranked Al Hilal Bank the ‘Safest Islamic Bank in the UAE’ and the second in the entire GCC in its first-ever list of the Safest Islamic Banks in the GCC.

Sharjah Islamic Bank stand in the career fair
05:25 GMT
(press release)

The Sharjah Islamic Bank (SIB) will be adding into its professional cadres a new elite group of talented young nationals in its various departments and branches across the country.