“Remittances of Lebanese expatriates increased from $7.86 billion in 2013 to $8.9 billion in 2014.”
April 21, 2015 - 14:50 GMT
Lebanon registered the second-highest growth among the 15 largest recipients of remittances in developing economies last year.
The move also comes as Saudi is preparing to open its stock market to foreign investors by June (image: on file).
April 21, 2015 - 14:44 GMT
British lender HSBC has been banned from taking on new funds in its asset management business in Saudi Arabia by financial regulator Capital Markets Authority (CMA).
Lim Say Cheong, EVP - Investment Banking, Al Hilal Bank, and Robin Amlot-CEO of CPI Financial
April 21, 2015 - 12:47 GMT
Al Hilal Bank’s ‘Al Hilal GCC Equity Fund’ has won the ‘Best Islamic Fund Award’ at the recently concluded 2015 Banker Middle East UAE Product Awards.
During the event
April 21, 2015 - 09:24 GMT
Burgan Bank recently hosted an exclusive media convention which consisted of meetings and activities with a number of financial Turkish media personnel and senior executive management from Burgan Bank Turkey.
Mr. César González-Bueno, Gulf Bank’s Chief Executive Officer
April 21, 2015 - 08:32 GMT
Gulf Bank today announced a net profit of KD 9.8 million for the first quarter of 2015 which is a 12% increase over the same period in 2014.
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank
April 21, 2015 - 06:59 GMT
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank's financial results for the first quarter of 2015.
Jabra Ghandour, Managing Director at ibq
April 21, 2015 - 05:20 GMT
International Bank of Qatar (ibq) has won two prestigious Global Banking and Finance Review Awards 2015 for ‘Best Private Bank Qatar 2015’ and ‘Best Customer Loyalty Program (thanq Rewards Program) Qatar 2015’.
The initial subscribed capital of AIIB will be $50 billion and is planned to be increased to $100 billion (image: on file).
April 20, 2015 - 05:55 GMT
Jordan and 56 other countries will be founding members of the China-led Asian Infrastructure Investment Bank (AIIB),
During the event
April 20, 2015 - 05:17 GMT
Doha Bank announced its financial support to the various activities organized by the Traffic Department - Ministry of Interior.
Emirates NBD
April 19, 2015 - 12:24 GMT
Emirates NBD, a leading bank in the region, has tied up with ICICI Bank, India's largest private sector bank, enabling customers in the UAE to instantly remit money to India through the DirectRemit service.
First Gulf Bank
April 19, 2015 - 12:05 GMT
FGB, one of the leading banks in the UAE, took home seven 2015 Banker Middle East UAE Product Awards after a presentation ceremony which was recently held in Dubai.