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 2, 2012

Ben 10
13:06 GMT
(press release)

Cartoon Network’s most popular fighter of evil of both the earthly and extra-terrestrial kind Ben 10 will be live on stage relating the exciting start of his alien adventures this April.

Signing the memorandum
12:14 GMT
(press release)

The statement was made on the occasion of signing a memorandum of understanding between Sharjah Islamic Bank and the Directorate of Human Resources in Sharjah on Sunday, 1st of April 2012.

April 1, 2012

During the event
10:32 GMT
(press release)

INVESTBANK announces the launch of a new Contact Center through a comprehensive agreement with the Arab Telecommunication Trading & Maintenance Co. ARTELCO.

Doha College students showcasing the students fashion designs
06:37 GMT
(press release)

Style Aid 2012, in its second edition that is sponsored by IBQ, was held yesterday at the Grand Hyatt hotel in Doha with the presence of hundreds of families and friends of the Doha College.

Rameshwar Tiwary, Portfolio Manager at NBAD’s Asset Management Group, receives the best regional investment award.
06:22 GMT

The National Bank of Abu Dhabi’s UAE Distribution Fund (Mizaat) has been named the Best Regional Investment Fund in the prestigious Banker Middle East Products Award 2012.

Shekhar Krishnamurthy, Head- Retail Assets and Liabilities, Emirates NBD
05:54 GMT
(press release)

Emirates NBD announced a strategic tie-up with Al Nabooda Automobiles, to offer customers a flat rate of 2.99% (5.53% reducing rate) annual financing, on select models of Volkswagen vehicles.

March 29, 2012

Dr. Ahmed Al Mutawa, Vice Chairman of GFH
11:22 GMT
(press release)

Gulf Finance House, held its Annual General Meeting (AGM) on Thursday, 29th March, 2012, at the bank’s offices on the 28th floor of the Bahrain Financial Harbour’s East Tower.

One NBAD Tower, NBAD Head Office, during Earth Hour in previous years
10:40 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, will once again be joining millions globally on March 31, 2012 to observe Earth Hour.

Muhannad Kamal, Assistant General Manager, wholesale Banking at IBQ receiving the award
06:40 GMT
(press release)

IBQ has won the Banker Middle East ‘Best Credit Card award’ following the robust performance of its prestigious line-up of premium credit cards.

Dr. Adnan Chilwan, Deputy CEO, Chief of Consumer and Wholesale Banking, DIB
06:29 GMT
(press release)

Dubai Islamic Bank announced that it has repaid in full a USD 750 million five-year Sukuk, which matured on March 22, 2012, from its own sources.

March 28, 2012

The award
11:22 GMT
(press release)

The National Bank of Fujairah announced that it has won the Best Trade Finance and Best Treasury Management awards at the Banker Middle East Product Awards 2012.

Muneera AL Mukhaizeem , Burgan Bank’s Chief Retail Banking Officer-GM
09:28 GMT
(press release)

Burgan Bank announced today the launch of new and improved Mobile Banking SMS Service in its commitment to deliver the best and easy to use services to its customers.

March 27, 2012

Central Bank of Oman is awaiting official legislation on Islamic banking to issue the final regulations
12:38 GMT

With the draft laws for Islamic banking almost complete, Oman will also alter its existing regulations for banking in the Sultanate to incorporate Islamic finance.

Frederic de Melker, Head of Priority Banking, Emirates NBD
11:23 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today, that it was organising a series of wealth management Roadshows for its Priority Banking customers.

International Bank of Qatar
10:46 GMT

IBQ has confirmed once again its support and participation at the upcoming 2012 Qatar Career Fair which will take place this April from the 1st to the 5th at the Qatar National Convention Centre.