Banking & Finance

Featured Story:

Since August 5, conditions in the market have made it less worthwhile to hold shekels, because the Israeli banks were willing to pay almost 1% annual interest on dollar deposits.
After the cannons have stopped roaring and an arrangement between Israel and Hamas is emerging, the shekel is suddenly showing weakness.

December 26, 2011

ParvaizSiddiq, CEO, Noor Takaful receiving the Best Takaful Operator in GCC award from Abdulla Al Mansouri, Chairman of financial publisher CPI with Robin Amlot, Managing Editor, CPI
07:15 GMT
(press release)

Noor Takaful was named Best Takaful Operator in the GCC region, at the CPI Islamic Business and Finance Awards, held recently in Dubai.

Mashreq & Bank of Ceylon officials
07:08 GMT

Mashreq, one of the UAE’s leading financial institutions successfully closed its second syndicated facility in 2011, for Sri Lanka’s largest bank, Bank of Ceylon (BOC).

December 22, 2011

Western Union
10:25 GMT
(press release)

Majority of UAE residents prefer to receive ‘cash’ gifts as opposed to physical gifts of the same value, with 63% of the respondents to a recently conducted gifting survey by Western Union.

Jamal Fakhro addressing the members and guests at the event
10:01 GMT
(press release)

Capital Club, Bahrain’s premier private business club, recently hosted a high-level business forum, ‘Bahrain Outlook 2012’, which was attended by senior representatives from all sectors in the Kingdom.

Dr Mariah Khan the Head of NBAD's Ladies Private Banking
06:14 GMT

The National Bank of Abu Dhabi, has appointed Dr. Mariah Khan as the Head of Private Banking’s Velvet Program, a special NBAD private banking service developed exclusively for high net worth women.

December 21, 2011

Dubai Islamic Bank
08:21 GMT
(press release)

Dubai Islamic Bank, the world’s first Islamic Bank, has recently appointed Blue Apple as its Creative Agency following a competitive pitch. Blue Apple takes up the post with immediate effect.

December 20, 2011

During the discussion
12:06 GMT
(press release)

The MoF recently organized a meeting with federal and local government bodies in its Dubai office to discuss the technical support being offered by the World Bank in the field of health insurance.

NCB Capital
09:19 GMT
(press release)

According to NCB Capital, Saudi Arabia’s leading wealth manager, the kingdom remains vulnerable to increases in food prices due to its high dependence on imports.

Mashreq, Al Khalidiya, Abu Dhabi branch
09:14 GMT
(press release)

Mashreq customers in Abu Dhabi are set for a big surprise translating to even better prizes.

December 19, 2011

First Prize winning entry
13:43 GMT
(press release)

Emirates NBD announced today, the winners of the unique art competition, “My UAE,” which was launched earlier this year in celebration of the 40th anniversary of UAE National Day.

Bank Sarasin
10:37 GMT
(press release)

In the latest sustainability study, "Credit all used up – time for a sustainable dawn", Bank Sarasin examines the progress the banking industry is making in this area.

Al Hilal Bank
09:06 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, won as ‘Best Retail Bank (GCC)’ during the 6th edition of the prestigious Islamic Business & Finance Awards held recently in Dubai.

During the event
06:07 GMT
(press release)

Abeer Al Emadi, Operations Manager at IBQ, has won the ‘Leadership’ Award at the Qatari Businesswomen Awards 2011 which were held yesterday evening at the Four Seasons hotel in Doha.

December 18, 2011

During the exhibition
11:49 GMT
(press release)

Tamkeen Leasing Company, a subsidiary of INVESTBANK, took part in Sahel 2 exhibition for finance & investment which was held at the Zara Expo, Grand Hyatt Hotel.

Rick Pudner, Chief Executive Officer of Emirates NBD
09:03 GMT
(press release)

Rick Pudner, Chief Executive Officer of Emirates NBD took on ladies golfing champion, Laura Davies, in a charity challenge alongside the Omega Dubai Ladies Masters tournament.