Banking & Finance

Featured Story:

United Arab Bank (UAB)
January 19, 2015 - 14:25 GMT
United Arab Bank, UAB, has made a contribution of AED250,000 to Al Thiqah Club for the Handicapped, another milestone in the Bank’s long-standing relationship with an organisation that provides invaluable support for people with special needs in the UAE.

May 17, 2012

NCB Capital
11:03 GMT
(press release)

The Saudi economy maintains a positive outlook, enhancing the investment case for the TASI, highlighted NCB Capital in the updated version of its annual Saudi Factbook.

Jamal Abboud, the Head of Business Services at NBAD’s Information Technology, receiving the award
09:41 GMT

The National Bank of Abu Dhabi won the Best Payments Infrastructure Project in the Asian Banker Award 2012 for the Bank’s transformational payment engine rolled out last year.

During the event
07:09 GMT
(press release)

MasterCard and Bank Audi Jordan have jointly hosted a ceremony in Amman, attended by local MasterCard cardholders and merchants.

06:31 GMT
(press release)

cashU and Jazeera Airways announced a new partnership that enables Jazeera Airways passengers that do not have a bank account or a credit/debit card to securely complete transactions using cashU’s prepaid cards and services.

May 16, 2012

Gift giving with Saeb Eigner, Chairman of the DFSA’s Board of Directors
12:40 GMT
(press release)

The Dubai Financial Services Authority entered into a supplementary agreement on co-operation with the China Banking Regulatory Commission.

The interactive session in progress
11:36 GMT
(press release)

Capital Club, Bahrain’s premier private business club, recently hosted an evening with the Indian Ambassador, His Excellency Dr. Mohan Kumar.

Jordan Ahli Bank
06:58 GMT
(press release)

Jordan Ahli Bank sponsored the tenth anniversary of the Dialogue of Cultures musical concert, which is organized by the Ahliyyah School for Girls and Bishop's School for Boys in cooperation with the Goethe Institute.

May 15, 2012

A bounced cheque as a result of economic hardship is therefore likely to become a criminal offence
13:30 GMT

Issuing a cheque to a beneficiary when there are insufficient funds to clear that cheque is an offence when this was done in bad faith, prescribes the UAE law.

12:25 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced a top-of-the-range credit card tailored to meet the lifestyle aspirations and requirements of affluent customers in the UAE.

The MENA FATF is reviewing periodic reports from 15 Arab and African countries on countering money laundering and terrorism financing
12:18 GMT

The Middle East and North Africa Financial Action Task Force (MENA FATF) against Money Laundering and Terrorism Financing began a three-day meeting.

Burkhard Varnholt, Chief Investment Officer, Bank Sarasin & Co
10:14 GMT
(press release)

Different images of dragons shape Eastern and Western mythology: the connotation is one of strength and confidence in the East, but threat and chaos in the West.

Jordan Ahli Bank at Amman Tech Tuesdays event
09:02 GMT
(press release)

Jordan Ahli Bank sponsored the Amman Tech Tuesdays event, featuring a highly vibrant environment that brought together representatives from a number of start-up companies and SMEs from various sectors.

May 14, 2012

Hisham Alrayes, Acting Chief Executive Officer of GFH
12:48 GMT

Gulf Finance House has announced its financial results for the first quarter ending 31st March, 2012.

What is required from the Lebanese banks is to remain watchful and keep implementing the sanctions on Syria
12:34 GMT

Deposits in Lebanese banks are set to grow by “no less” than 8 percent, Head of the Lebanese Banks Association Joseph Torbey said over the weekend.

Chief Operations Officer-SGM; Mr. Venkatakrishnan Menon, Group Chief Operation Officer of Burgan Bank; Mr. Adrian A. Gostuski, and Executive Director for Business Development of ICSFS; Mr. Wael Malkawi.
11:58 GMT
(press release)

Burgan Bank selected ICS BANKS, the universal banking software from ICS Financial Systems Limited ICSFS, the global software and services provider for banks and financial institutions.