Banking & Finance

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GCC equities in general continue to show characteristics that will continue to make them attractive to investors over the rest of this year.
August 31, 2014 - 04:55 GMT
While the Iraqi conflict has also kept some international investors at bay and risk premiums across the region elevated, the political backdrop seems to have improved in a number of countries in the region.

January 18, 2012

Hussain AlQemzi, Group Chief Executive Officer, Noor Investment Group and Chief Executive Officer
07:28 GMT
(press release)

Noor Islamic Bank announced today the launch of the first on-line bank account opening service offered by an Islamic Bank, to mark the fourth anniversary of the bank’s launch.

Burgan Bank
06:21 GMT
(press release)

Burgan Bank today announced that it is offering a chance for its VISA cardholders to win a trip to the much awaited London 2012 Olympic Games.

International Bank of Qatar
06:19 GMT
(press release)

IBQ announced today its sponsorship of the Oryx Football Team, the sports team of the French Lycée Bonaparte School in Qatar.

January 17, 2012

Emirates NBD
11:05 GMT
(press release)

Emirates NBD announced a tie-up with Juma Al Majid, the authorised distributor of Hyundai in the UAE.

January 16, 2012

Dubai Islamic Bank
09:57 GMT
(press release)

Dubai Islamic Bank (DIB) announced today the appointment of Mohamed Salem Al Falasi as SVP – Head of Central Operations reporting to Deputy CEO, Chief Operating Officer.

Dow Jones Indexes
08:59 GMT

Dow Jones Indexes announced that Tebyan Asset Management has licensed the Dow Jones Islamic Market CHIME Index to benchmark its new fund, the Tebyan CHIME Opportunities Fund, to be launched today.

National Bank of Kuwait
07:44 GMT

NBK Capital announced today the successful sale of its stake in Hanco (the “Company”), a leading fleet leasing and rental company in Saudi Arabia, in a deal valuing the Company at USD 140 million.

Jadwa Investment
06:29 GMT
(press release)

Revenue surpassed SR270 million $72 million a more than 14% increase compared with 2010 net income exceeded SR130 million, an increase of more than 18% from 2010.

January 15, 2012

Daman Investments
11:33 GMT
(press release)

Daman Investments has announced another year of exceptional performance by its local and regional equity funds during 2011.

Gulf Bank
09:41 GMT
(press release)

Gulf Bank announced the successful installation of its new Enterprise Risk Management System from SunGard, one of the world’s leading software and technology services companies.

Dr. Yahya A. Alyahya, GIB’s Chief Executive Officer
08:54 GMT

Standard & Poor's Ratings Services (S&P) has recently affirmed Gulf International Bank’s (GIB) long-term and short-term counterparty credit ratings at BBB+ and A-2 respectively.

07:15 GMT
(press release)

Tamkeen is currently finalising plans to roll out its women economic empowerment programmes under its overall strategy.

January 12, 2012

Al Hilal Bank
10:41 GMT
(press release)

Al Hilal Bank has launched a new Plant a tree initiative in partnership with the Emirates Environmental Group.The program forms part of the bank’s commitment to promoting a greener Earth and preserving nature for future generations to enjoy.

Abu Dhabi Islamic Bank
09:38 GMT
(press release)

Abu Dhabi Islamic Bank’s announced the launch of its Capital Protected Gold Notes that can be combined with a selection of mutual funds.

January 11, 2012

12:10 GMT
(press release)

As part of its ongoing support of private sector enterprises in Bahrain, Tamkeen announced that it has set a target to serve 2,500 more business owners through its flagship Enterprise Development Support Programme.