Banking & Finance
September 23, 2014
The National Bank of Abu Dhabi (NBAD) has launched NBAD Shariah MENA Dividend Leader Fund, which invests in select dividend-paying companies traded on the most promising MENA equities markets.
Since the bank introduced this service on September 7, more than 8,000 customers have registered their ID cards with the bank to use them as ATM cards.
September 22, 2014
One of Dubai’s top government officials said on Sunday that he expects state-owned conglomerate Dubai World to reach a deal on renegotiating its debt repayment schedule in the near future
September 21, 2014
In line with its Emiratisation vision 2020: to be the International employer of choice for local talent, Standards Chartered is to organise the second edition of its UAE National Job Fair on September 25, 2014.
September 18, 2014
It was only the second sukuk issue from a conventional bank outside a predominantly Muslim country; HSBC issued $500 million of sukuk in 2011.
NCB Capital, one of the largest Brokerage Service providers in the Kingdom, GCC’s leading wealth manager and the Kingdom’s largest asset manager, has introduced the new AlAhli Tadawul service with a total new interface.
Qatar has faced growing criticism, as the tiny Gulf state has used its hydrocarbon wealth to back a wide range of Islamists across the region.
September 17, 2014
The Middle East experienced a decline in its billionaire population over the past year.
Al Hilal Bank, the Abu Dhabi –based progressive Islamic bank, has announced that it has recently integrated Snapchat, a photo messaging app, into its customer engagement strategy.
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a five year Wakala investment option, with an expected profit rate of 2.5 per cent per annum.
China’s foreign direct investment in August fell to a low not seen in at least two and a half years, underscoring the challenges to growth facing the world’s second-biggest economy.
September 16, 2014
FGB, one of the leading banks in the UAE, has announced that it will soon be launching “My Card” - UAE’s first truly personalised credit card.
Abu Dhabi Islamic Bank has expanded its branch network across the UAE to 83, with the addition of three new branches, as part of a focus on providing easy access to services and enhancing the customer experience.
The National Bank of Abu Dhabi (NBAD) has appointed Susan Yuen as its CEO in Asia.
That signaled stronger growth of output across global emerging markets, led mainly by a sharper increase in Chinese service sector activity.