Banking & Finance

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"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 4, 2013

Emirates Classic Car Festival
08:37 GMT
(press release)

A spectacular line-up of classic cars and motorbikes will be unveiled at the 5th Emirates Classic Car Festival, to be held from March 7 to 9, 2013, at its home venue, the 3.5km Mohammed Bin Rashid Boulevard.

March 3, 2013

Dawood Nassif addressing the audience
10:55 GMT
(press release)

Capital Club Bahrain hosted an in-depth look at the oil and gas industry.

Emirates NBD senior managers and Dubai Expo 2020 Ambassadors with the winners of “Banker for a Day” and their family members
10:26 GMT
(press release)

Emirates NBD organised an awards ceremony to reward participants in the fourth phase of its "Banker for a Day"; a programme that enables high school students to experience an actual working day at the bank.

The financing of terrorism is to be specifically outlawed in Morocco.
09:07 GMT

Morocco is to introduce a new banking law that will outlaw the financing of terrorism.

Mr. Tim Jones, COO, Arabian Center and Mr. Bharath Aravamudhan, Associate Vice President, Cards Usage and Partnerships, Retail Cards Business, Emirates NBD
04:56 GMT
(press release)

Arabian Center has joined hands with Emirates NBD to provide credit shopping to its customers at any outlet within the mall.

February 28, 2013

Board Members During AGM
04:29 GMT
(press release)

First Gulf Bank (FGB), the major leading UAE financial institution, successfully concluded its Annual General Meeting today at Etihad Towers, Abu Dhabi.

February 27, 2013

During the event
09:37 GMT
(press release)

Standard Chartered has announced the launch of a new Titanium MasterCard Credit Card for customers in the UAE.

HE Sheikha Bodour bint Sultan Al Qasimi Inaugurates ADIB’s Women Banking Center “Dana” at Sharjah Ladies Club
09:32 GMT
(press release)

Her Excellency Sheikha Bodour bint Sultan Al Qasimi inaugurated the latest ADIB’s Women Banking center Dana.

Stephen Jordan, the Group Treasurer of NBAD
08:43 GMT

The National Bank of Abu Dhabi has launched a 15-year Uridashi bond worth US$16.6 million.

Nimish Dwivedi, Head of Payments at Mashreq
08:17 GMT
(press release)

In its efforts to continue offering superior Card offerings, leading financial institution Mashreq announced a unique promotion - the extension of the Shopping Festival across all its Credit and Debit Cards.

NCB Capital
07:25 GMT
(press release)

Reviewing the partial regulations for the Saudi Mortgage Law published by SAMA, NCB Capital believes that the regulations are positive and will impact the banking sector in the medium to long term.

February 26, 2013

Egypt plans to raise as much as $1 billion by June from the sale of its first Sukuk.
09:57 GMT

Egypt plans to raise as much as $1 billion by June from the sale of its first Sukuk.

Balance sheets for Lebanese financial institutions are starting to look health, increasing by 14 per cent
07:30 GMT

According to the latest statistics from Lebanon's Central Bank, the balance sheets of financial institutions increased by 14 per cent.

February 25, 2013

During the event
09:15 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution group, has been named the “Best Overall Islamic Bank in the World” by Islamic Finance News (IFN).

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange
08:59 GMT
(press release)

Al Ansari Exchange, a UAE based foreign exchange and worldwide money transfer company, has announced the launch of its ‘Pay & Win’ promotion.