Banking & Finance
January 1, 2014
Egypt's pound lost 9 percent of its value throughout 2013 against the dollar.
December 30, 2013
Gulf Bank’s Head Office and all branches will close on Wednesday, 1st January 2014 and Thursday, 2nd January 2014 in celebration of the New Year.
December 29, 2013
Abu Dhabi Islamic Bank welcomed a delegation last week from the Federal Electricity and Water Authority (FEWA) that examined the bank’s measures to implement international best-practice in customer service.
alizz islamic bank, one of the first dedicated islamic banks in Oman, has won the ‘Most Innovative Islamic Bank Oman 2013’ accolade by internationally renowned ‘Global Banking and Finance Review Awards’.
Gulf Bank held its Al Danah daily draws on December 22, 2013, announcing the names of its winners for the week of December 15th to December 19th.
December 26, 2013
The Gulf region is gradually becoming a mainstream investment destination for international funds.
Forecasts show that sukuk issuance in the GCC is set to soar in 2014 with more government and companies investing in the Islamic bonds in order to cut financing costs.
The National Bank of Abu Dhabi recently honoured 109 long-serving NBAD employees for their loyalty and dedication to the Bank.
alizz islamic bank’s Headquarters has revitalised the skyline of the Commercial Business District (CBD) with a contemporary Islamic structure.
Turkey’s main stock index fell 4.2 percent to 66,096.57, adding to heavy losses from last week.
December 25, 2013
Bond issuance from the Gulf Arab region is set to surge next year on the back of heavy infrastructure spending and refinancing needs.
December 24, 2013
Some fund managers think a pull-back is likely in the near term since Dubai has risen so sharply.
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has launched a remittance offer until the end of the year.
December 23, 2013
Saudi Arabia has set a record-high government budget of $228 billion (855 billion riyals) for 2014
Emirates NBD announced that the case study of the Awesome Travelling Machine and its innovative video, had won two Golds and one Silver at the recently concluded 2013 Midas Awards.