Banking & Finance

Featured Story:

"Annual credit growth is likely to be closer to 14-17% y-o-y"
May 21, 2013 - 10:11 GMT
Qatar’s banks’ credit is likely to grow by 14% to 17% year-on-year (y-o-y) in 2013, much lower than the average 27% expansion seen in the previous two years, according to a Barclays study.

March 14, 2011

The proposed new terminal at Muscat International Airport
11:11 GMT

Arab Bank Group has provided credit facilities totaling $ 410 Million to three contractors.

The opening of the new Emirates NBD branch in Sharjah
07:05 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today that it has further extended its services to its Sharjah-based clients, with the opening of a new branch on Al Taawun Street.

March 13, 2011

Jawdat Al Halabi, CEO of NCB Capital and Hamed Fayez, Head of Asset Management at NCB Capital holding the Euromoney Award
10:25 GMT
(press release)

NCB Capital, Saudi Arabia’s largest investment bank and a leading GCC wealth manager, is proud to announce that it has been named “Best Fund Manager” in the Euromoney Islamic Finance Awards 2011.

Dubai Islamic Bank
09:35 GMT
(press release)

Dubai Islamic Bank, the largest Islamic bank in the UAE, today announced its financial results for the year ending December 31, 2010.

The National Bank of Abu Dhabi opens a branch in Masdar City
08:05 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has become the first bank to open a branch in Masdar City.

National Bank of Kuwait Annual Walkathon 2010
06:50 GMT

National Bank of Kuwait has announced that NBK’s 17th Annual Walkathon has been postponed from March 12th until March 26th, 2011 due to the expected weather conditions.

March 10, 2011

Ras Al Khaimah
14:27 GMT
(press release)

Ras Al Khaimah Investment Authority, a major provider of investment opportunities, has announced that it has launched a series of training programs.

Part of the NBK Walkathon registration
14:10 GMT

National Bank of Kuwait’s 17th Annual Walkathon, scheduled to kick off on Saturday 12th March, is heading for yet another record year with over than 12,000 competitors enrolled up to date.

AUB employees enjoy day in the desert
13:43 GMT
(press release)

Ahli United Bank held its annual desert camp for its employees and their families in Sakheer.

Painting by Gulgee
08:41 GMT
(press release)

Dunia Finance, Abu Dhabi based financial services company, will host an elite art exhibition at its Media City branch from March 13–17 in Dubai, and its Hamdan branch from March 19–22 in Abu Dhabi.

March 9, 2011

Abdulhamid Saeed, Managing Director, First Gulf Bank
14:26 GMT
(press release)

First Gulf Bank successfully concluded its Annual General Meeting today (March 9, 2011) at Fairmont Bab Al Bahr Hotel, in Abu Dhabi.

Philip King, Head of Retail Banking at IBQ
14:04 GMT
(press release)

IBQ has recently announced the launch of its new online security service, the "IBQ Card Secure", in association with Verified by Visa and MasterCard SecureCode online authentication systems.

Participants at NBAD's 3rd Global Financial Markets Workshop 2011
10:26 GMT

The National Bank of Abu Dhabi’s (NBAD) Third Annual Global Financial Markets Forum (GFMF) and Global Financial Markets Islamic Forum (GFMIF) concluded with record number of attendees.

March 8, 2011

US Ambassador Deborah K. Johnes during the Walkathon registration with NBK volunteers and Red Crescent team
14:24 GMT

US Ambassador Deborah K. Johnes takes part in NBK Walkathon along with several public figures and NBK senior officials.

CBB
13:51 GMT

The Central Bank of Bahrain (CBB) announced that this quarter’s BD50 million issues of Government Treasury Bills has been oversubscribed by 211%