Banking & Finance

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Gulf entities have provided at least $30 billion of funding, at current prices, for African infrastructure over the last decade.
November 24, 2014 - 00:30 GMT
In the year 2000, The Economist magazine famously described Africa as “the hopeless continent” on its cover.

March 4, 2012

Jashan e-Bahara Poster
09:50 GMT

UAE Exchange returns with the 2012 version of Jashan-e-Bahara promotion, this exciting promotion will give away total cash prizes worth PKR 1,500,000 and 60 mobile phones.

Rick Pudner, CEO Emirates NBD and Major Gen Khamis Mattar Al Mazeina, Deputy Commander, Dubai Police at the opening of Emirates NBD Al Qiyadah Branch
09:35 GMT
(press release)

Emirates NBD, announced the official inauguration of its new branch and an adjacent Priority Banking Centre in Al Qiyadah, situated in close proximity to the Dubai Police Head Quarters on Al Nahda Road.

HE Younis Haji Al Khouri, Undersecretary of MoF
07:27 GMT
(press release)

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, has released a financial circular regarding preparations for the 2013 federal budget.

Tirad Mahmoud, CEO of ADIB receiving the awards.
05:51 GMT
(press release)

Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, has been named the ‘Best Islamic Bank in the UAE’ for the second year consecutive year by Islamic Finance News (IFN).

March 1, 2012

Standard Chartered
10:22 GMT

Standard Chartered has been recognized as the “Best Investment Bank in the UAE” in the 2012 edition of Global Finance’s annual list of the World’s Best Investment Banks.

Mr. Esam Janahi, Executive Chairman of GFH
07:10 GMT
(press release)

Gulf Finance House today announced its financial results for the year ending 31 December 2011, during which the bank returned to profitability despite a challenging year.

Abdulhamid Mohammed Saeed, MD and Board Member, First Gulf Bank
05:43 GMT
(press release)

First Gulf Bank, leading financial partner of choice, successfully concluded its Annual General Meeting today (February 29, 2012) in Abu Dhabi.

February 29, 2012

The new set of rules are being seen as an upgrade, which will raise the profile of stock markets, as they seek to become key regional financial centres
13:00 GMT

UAE is planning to shortly introduce a new set of finance rules. Rules on mutual funds, short-selling, and rights issues are likely to be introduced by mid-2012.

The $5 billion bonds will be split into two categories: the first for $2 billion in Eurobonds, and the second $3 billion batch to replace the outstanding bonds both in Lebanese pounds and foreign currencies
10:00 GMT

The Finance Ministry is expected to tap the local market for financing soon to issue $5 billion worth of Eurobonds and treasury bills to cover the public debt in 2012.

First Gulf Bank
09:12 GMT
(press release)

First Gulf Bank is conducting its Annual General Meeting today at 5:00 pm at Saker Hall, Fairmont Bab Al Bahr Hotel, Abu Dhabi.

NCB Capital
07:01 GMT
(press release)

NCB Capital, the Kingdom’s largest asset manager and leading wealth management company, hosted exclusive investment seminars for key corporate clients in Jeddah, Riyadh, and Dammam.

Muneera Al Mukhaizeem, Burgan Bank’s Chief Retail Banking Officer- General Manager
06:31 GMT
(press release)

Burgan Bank announced today the launch of its new VISA Platinum Debit card that aims at providing more convenience to the bank’s Premier customers.

February 28, 2012

Arab Bank
11:33 GMT
(press release)

Arab Bank has recently been awarded the titles of Best Bank and Best Investment Bank in Jordan for the fourth consecutive year by EMEA Finance magazine.

Sameh Al Qubaisi, the General Manager of Institutional and Corporate Coverage Group at NBAD’s Financial Markets Division
08:06 GMT

The 2012 Global Financial Markets Forum kicks off tomorrow Wednesday February 29th by speeches from renowned policymakers.

During the event
05:31 GMT
(press release)

IBQ will partner with the Pakistan Women’s Association (PWA) and TR Events to organize, for the first time in Doha, the festivities for the Basant Mela, Pakistan’s most celebrated cultural tradition.