Banking & Finance
October 14, 2014
After a rocky Monday, most stock markets in the Middle East recovered with Saudi Arabia and Dubai leading the figures.
Gulf Bank has announced the launch of its Graduate Development Program, developed as part of its Human Resources’ Leadership Development and Succession Planning initiative.
October 13, 2014
“The IMF does not have any reservations about the performance of Lebanon, and it understands what the region is going through and its impact on us.”
Stock markets in the Middle East appeared to be stabilising in early trade on Monday after falling sharply in the previous session in a broad sell-off.
MetLife and Emirates NBD have celebrated the launch of their strategic partnership to provide comprehensive life insurance solutions to the bank’s more than one million customers in the UAE.
National Bank of Fujairah announced the official launch of an equipment finance unit capable of supporting not just the asset acquisition requirements of companies, but the financing arrangements of equipment manufacturers and distributors operating out of the UAE.
Discussing the trade behaviour, EGX noted that foreign and Arab investors were directed towards selling while Egyptian sought to buy
October 12, 2014
Emirates NBD Asset Management announced today the launch of eight new funds under the Emirates NBD SICAV platform in Luxembourg.
Mashreq announced the launch of UAE’s first 3-in-1 Cinema Credit Card, the Mashreq Novo Credit Card, co-branded with Novo Cinemas (previously Grand Cinemas) and powered by never-before loyalty benefits.
October 9, 2014
The Ministry of Finance (MoF), in collaboration with the National Bank of Abu Dhabi (NBAD), will be launching a range of e-Dirham smart applications during GITEX Technology Week 2014.
In May of last year, the Central Bank of Turkey paid the country's final loan installment, freeing Ankara of IMF debts for the first time in 19 years.
October 8, 2014
Qatar backed Egypt with $7.5 billion in deposits during the presidency of the Muslim Brotherhood's Mohamed Morsi,
Goldman Sachs has been ordered to pay the Libyan Investment Authority (LIA) 200,000 pounds ($321,820) in legal costs as part of a lawsuit brought by the fund over $1 billion in trades that ended up worthless.
The National Bank of Abu Dhabi (NBAD) presented a 2014 Mercedes- Benz GL-Class luxury car to Mr. Karol Piotr Ozimski, the winner of this year’s NBAD MasterCard International Spend Campaign.
Mashreq announced the opening of its latest branch located in Sharjah City Center, offering Evening Banking experience to customers for the first time in Sharjah.