Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

April 25, 2012

During the Draw Ceremony at the G H Q of UAE Exchange in Abu Dhabi
05:57 GMT

Mr. P. E. Philip, Mr. Hardip Singh Sidhu, and Mr. Anish Joseph have been selected as the first, second and third prize winners, respectively, in the ended Money2anywhere Refer and Win Contest 2012, by UAE Exchange.

April 24, 2012

Burgan Bank and KACCH
12:13 GMT
(press release)

Burgan Bank reiterated its commitment to the community by rendering its support to the Kuwait Association for Care of Children in Hospitals.

Dr. Yahya A. Alyahya, GIB’s Chief Executive Officer
10:14 GMT

The international credit rating agency Moody’s Investors Service has reaffirmed Gulf International Bank’s long-term and short-term foreign currency deposit ratings of A3 and P-2 respectively.

Philip Ward, Chief Executive Officer Abu Dhabi Finance
07:56 GMT
(press release)

Abu Dhabi Finance, the Emirate’s leading home finance provider, has today revealed the launch of a special promotion for the Cityscape Abu Dhabi exhibition.

Andares photo art exhibition
05:53 GMT
(press release)

IBQ announced its sponsorship of the Peruvian photography exhibition Andares: Peruvian Paso Horse, under the patronage of the Embassy of the Republic of Peru in Qatar and its Ambassador H.E. Mr. Julio Florian.

April 23, 2012

Andre Sayegh, Chief Executive Officer, First Gulf Bank
13:06 GMT
(press release)

First Gulf Bank announced that it has witnessed yet another successful quarter for the period of Q1 2012.

BFC launches E-Payment System for PhilHealth, SSS and Pag-IBIG
12:47 GMT
(press release)

Bahrain Financing Company has announced the launch of its partnership with Ventaja to provide its Filipino customers with the ability to make payments for SSS, Pag-ibig and PhilHealth through their payment portal.

NBF FCC Branch Opening
12:04 GMT
(press release)

The National Bank of Fujairah announces the opening of its Fujairah City Centre branch, the Bank’s first in a landmark mall and14th in the UAE.

During the event
11:49 GMT
(press release)

Abu Dhabi Commercial Bank (ADCB) and MOBIbucks, a leading global provider of mobile payment solutions, have won the Best M-Payment Initiative award.

During the agreement
09:43 GMT
(press release)

Bank of Sharjah announced that it has finalized and signed a cooperation agreement with Commerzbank International S.A. to set up a new Private Banking Wealth Management (PBWM) division.

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs,
08:53 GMT
(press release)

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, attended the joint meeting of the Monetary and Financial Cooperation Committee - International Monetary Fund.

ADIB's Wealth Management Seminar
08:49 GMT
(press release)

ADIB Private Bank announced today the successful conclusion of the second edition of its Wealth Management Seminar series.

Ms. Halah EL Sherbini, Burgan Bank’s Chief Human Resources & Development officer, General Manager
07:40 GMT
(press release)

Burgan Bank recently participated in the 2012 Career Fair at the American University in Kuwait, which took place on the 10th of April 2012.

NBAD Launches Real Estate Fund
06:11 GMT

The National Bank of Abu Dhabi announced that it’s new wholly owned subsidiary NBAD Investment Management Limited has been authorized by the Dubai Financial Services Authority.

During the signing
05:50 GMT
(press release)

Sharjah Islamic Bank announced the donation of a residential property to the value of AED 66 million, situated in the Al Nahda area in the emirate of Sharjah, to the Sharjah Social Services Department.