Recent

Management of Gulf Bank, Costa Coffee and MasterCard with their teams during the signing ceremony
September 02, 2015 - 12:08 GMT
Gulf Bank announced today the launch of Point of Sale (POS) Terminals with the latest technology that accept Near Field Communication (NFC) payment through all cards types, making it the first bank in Kuwait to launch this service.
Doha Bank CEO doctorate
September 02, 2015 - 06:17 GMT
Dr. R. Seetharaman, Group CEO of Doha Bank had submitted his doctoral thesis on “Green Banking and Sustainability” to Sri Sri University recently and on August 16, 2015 he was invited to defend the same.
Lebanon was the seventh largest source of greenfield FDI projects among 19 Arab countries, behind the UAE. (File photo)
September 02, 2015 - 06:00 GMT
Lebanese investors have put $7.2 billion in outward greenfield foreign direct investment (FDI) between January 2003 and May 2015, according to a report by fDi Markets.
During the event
September 01, 2015 - 10:23 GMT
GIB recently held an event for 75 children of the bank’s employees, ages 2 to 12 years, who visited their parent’s office in Al Dowali building, the GIB headquarters.
Fears abound that the ruble will continue to drop due to close links with oil prices. (Fb.ru)
September 01, 2015 - 06:02 GMT
The weakening ruble has had a tangible impact on Russian tourists in the GCC.
During the event
August 31, 2015 - 08:16 GMT
EMC Middle East an affiliate of EMC Corporation today announced that Ajman Bank has selected EMC’s award winning storage solutions to redefine IT infrastructure in a bid reinforce the bank’s vision to transform the experience of Islamic banking for customers across the country.
Credit growth is expected to remain largely unchanged for 2015, according to Standard & Poor's analysts. (File photo)
August 30, 2015 - 14:00 GMT
Standard and Poor forecast slow growth for global sukuk and islamic financial services in light of declining oil revenues.
Dubai Islamic Bank
August 30, 2015 - 12:38 GMT
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, inaugurated its annual Iktaseb summer training programme for young UAE nationals.
Mohammad Al Zarooni, Director, UAE Red Crescent - Dubai and Mohammad Ali Al Ansari, Chairman and Managing Director, Al Ansari Exchange
August 30, 2015 - 11:19 GMT
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has announced a donation of AED 1 million to support the Emirates Red Crescent’s latest initiative – ‘Yemen We Care.’
Barclays
August 30, 2015 - 10:33 GMT
The Barclays UK Prosperity Map is new research that uses factors including average annual pay, business survival rates, the percentage of households giving to charity and exam scores to generate a unique ‘Prosperity Index Score’ for each UK region.
Enhanced due diligence has been a feature of modern regional banking, especially in combating terrorism financing. (Saida Online)
August 30, 2015 - 05:00 GMT
Lebanese and Arab banks are feeling the strain from high compliance costs, hampering their ability to properly finance regional economies, says union official.