Banking & Finance
July 14, 2011
First prize winner of the Ayadi July monthly draw will be spending a portion of his cash award to sponsor a child’s education in his home country.
A crisis 2.0 could be what is needed to create both the economic and political platform that will solve Europe’s problems
July 13, 2011
Al Hilal Bank, a progressive Islamic bank, highlighted the importance of reading and cultural awareness during a recent visit to Halimah School, Abu Dhabi.
Barclays Capital announced today that it has been named the “Best Investment Bank in the Middle East and North Africa” region by Banker Middle East.
Volume of total investments registered in the kingdom reached approximately JD1.1 billion in the first half of this year, of which JD614 million were registered through Jordan Investment Board.
Ahli United Bank reported a net profit attributable to its equity shareholders of US$ 161.7 million for the half year ended 30 June 2011, a 19.0% increase over the same period in 2010.
Masdar Capital said it is growing into one of the leading players in the global clean technology investment space, deploying funds globally and building a diverse international portfolio.
Tamweel PJSC, the UAE Islamic home finance provider, announced today the expansion of its Home Finance product suite with the launch of two new products.
First Gulf Bank, the leading financial partner of choice in the UAE, posts a net profit of AED 890 million in the second quarter (Q2) of 2011.
Burgan Bank today announced Mr. Anil Kumar Balakrishna Pillai, a system engineer at Wataniya Telecoms, as the lucky winner of the bi-annual Al Thuraya Account draw.
Thomson Reuters today released its first half 2011 investment banking analysis for the Middle East region.
Dubai Islamic Bank (DIB) today announced the graduation of one hundred UAE nationals from the bank’s Emarati programme.
Mashreq’s longest running and most innovative saving scheme MashreqMillionaire announced the second winner of the Mega AED 5 Million draw for this year.
National Bank of Kuwait reported net profits of USD 534.4 million (KD 146.7 million) for the first half of 2011 compared with USD 529.2 million (KD 145.2) for the same period last year.
July 12, 2011
Bahrain Financing Company (BFC) announced the opening of a dedicated customer service centre in India.