Banking & Finance

Featured Story:

Conversions of conventional banks into Islamic ones are rare but not unprecedented.
October 23, 2014 - 17:41 GMT
The Council of Senior Scholars, said investing in NCB's share offer was not permissible because too much of its business was non-Islamic.

February 5, 2012

Abu Dhabi Islamic Bank
11:58 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB), has announced that customers are now able to check their balance and top up Salik accounts using the ADIB *161# Mobile Banking service.

Rick Pudner, CEO of Emirates NBD
07:15 GMT
(press release)

Emirates NBD announced today that it will once again serve as the co-sponsor, Official Bank and Caddy Bid Sponsor for the forthcoming Omega Dubai Desert Classiؤز

George Nasra, Managing Director of IBQ
07:11 GMT
(press release)

IBQ reported a 25% rise in net profits to QAR 573 million for the year ending 31 December 2011. The figure compares with profits of QAR 458 million recorded in the previous year.

National Bank of Abu Dhabi
06:15 GMT

The National Bank of Abu Dhabi has opened its 29th branch in Egypt in line with the Bank's strategy to expand its branch network in Egypt to 50 branches by 2015.

Alan Durrant, the Group Chief Investment Officer of NBAD and General Manager of Asset Management Group receives the award
05:27 GMT

The National Bank of Abu Dhabi’s Asset Management Group has been named the UAE Asset Manager of the Year in MENA Fund Manager Performance Awards, presented by Mena Fund Manager magazine.

February 2, 2012

Mohammed Ibrahim Al Shaibani, Director-General of His Highness The Ruler's Court of Dubai and Chairman of Dubai Islamic Bank.
13:23 GMT
(press release)

Dubai Islamic Bank announced its financial results for the year ending December 31, 2011, demonstrating sustained growth across the bank's core operations.

Mohamed Amiri, Acting CEO, Ajman Bank
12:21 GMT
(press release)

Ajman Bank, announced today its financial results for the 12 months ending December 31, 2011, continuing the bank’s impressive growth since its foundation in 2009.

Saif Al Shehhi, the Senior General Manager of the Domestic Banking Division of NBAD; Qamber Ali Al Mulla, the Senior General Manager of NBAD’s International Banking Division and senior executives of the Bank inaugurated the new branch
08:21 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, inaugurated a new branch in one of Dubai’s premier residential and shopping neighbourhoods.

Mashreq
06:37 GMT
(press release)

Mashreq, reported a net profit of AED 820 million for the year ended 31st December 2011 on operating income of AED 3.9 billion over the same period.

February 1, 2012

Saxo Bank
10:48 GMT
(press release)

Saxo Bank believes that a perfect storm is pending as tensions are mounting unbearably.

George Nasra, Managing Director of IBQ
09:41 GMT
(press release)

Doha is gearing up towards hosting the annual and highly-awaited MEED Qatar Projects Conference for 2012 which will be held this year under the patronage of HE Mohammed Saleh Al-Sada.

Michael Tomalin, the NBAD's Group Chief Executive
08:20 GMT

The National Bank of Abu Dhabi hosted its third graduation ceremony for AFAQ Management Trainees at the Bank’s Head Office in Abu Dhabi.

Falcon Private Bank
08:07 GMT
(press release)

Falcon Private Bank is proud to announce the renewal of its sponsorship agreement with the Formula One team Scuderia Toro Rosso for the second consecutive year to become official partner for the 2012 season.

International Bank of Qatar
06:30 GMT
(press release)

The new and improved ibqOnLine is now live with more features, higher safety measures and a refreshed look.

January 31, 2012

Mohamed Amiri, Acting CEO of Ajman Bank, donating blood in Khalifa branch
12:44 GMT
(press release)

Ajman Bank announced that it has organised a blood donation drive at two of its branches.