Banking & Finance

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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.
Today
After the cannons have stopped roaring and an arrangement between Israel and Hamas is emerging, the shekel is suddenly showing weakness.

December 12, 2011

During the workshop
11:58 GMT
(press release)

The Ministry of Finance organised a workshop today at the Movenpick, Dubai on the practical applications of the principles of tax agreements and international tax systems.

First Gulf Bank Abu Dhabi Credit Card
10:24 GMT
(press release)

First Gulf Bank (FGB), the leading financial partner of choice in the UAE, held the Abu Dhabi Credit Card annual draw at FGB’s headquarters in Abu Dhabi.

Masood Al Awar, CEO, TASWEEK Real Estate Marketing and Development
09:56 GMT
(press release)

TASWEEK Real Estate Marketing and Development is teaming up with Asset Allocation Advisors (AAA), a member of the Khalid Al Hamed Group, to develop hotels and resorts in prime tourism and business hubs.

Jordan Ahli Bank
09:51 GMT
(press release)

Jordan Ahli Bank is pleased to announce its support of the 5th Annual Haretna Festival as a Gold Sponsor.

NBAD's new branch in Al Buraimi, Oman
06:59 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, has opened its ninth Oman branch in Al Buraimi, the oasis town in northeastern Oman on the border with UAE.

December 11, 2011

Rashed Ali Al Ansari, General Manager of Al Ansari Exchange
12:28 GMT
(press release)

Seven UAE-based Universities have confirmed their participation in the inter-University “Business for Better” Competition being organized by Western Union, and Al Ansari Exchange.

Mashreq
07:57 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced a distinctive insurance cover for its valued customers.

National Bank of Abu Dhabi
07:28 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has been ranked for the second consecutive year the Best Financial Information website in the Middle East in an annual survey by an independent company.

December 8, 2011

Michael H. Tomalin, the Group Chief Executive of the National Bank Abu Dhabi
08:03 GMT

Global Investor Magazine, has named Michael H. Tomalin, the Group Chief Executive of the National Bank Abu Dhabi (NBAD), the CEO of the Year in the Middle East.

Yahya Alyahya, GIB’s CEO
05:36 GMT

Gulf International Bank is pleased to announce the successful pricing and closing of a 3-year US$300 million Sukuk-al-Murabaha private placement (the Sukuk).

December 7, 2011

Jordan Ahli Bank
11:29 GMT
(press release)

Jordan Ahli Bank is pleased to announce its sponsorship of the exhibition “Echoes of Rome,” featuring an abstract collection of Arabic calligraphy by the Jordanian artist HRH Princess Wijdan Ali.

Sara AlGhanem, UAE National Development Manager at First Gulf Bank among other bank representatives
09:00 GMT
(press release)

First Gulf Bank, is pioneering an initiative to enhance Emiratisation efforts in the banking sector, where it recently held a meeting with a number of prominent banks in the UAE.

During the event
07:32 GMT
(press release)

Abu Dhabi Commercial Bank has publically announced the winner of its “ADCB Art Competition”, voted for by the general public who attended the spectacular Abu Dhabi Art 2011.

December 6, 2011

Shaker Zainal handing over debit card to customers
12:19 GMT
(press release)

Mashreq, announced an innovative and convenient banking service in the UAE by enabling customers to open their accounts and walk away with chip enabled debit cards in just 30 minutes.

Ewan Stirling, Chief Executive Officer at HSBC Oman
06:55 GMT
(press release)

HSBC Oman will organize a memorable golfing experience for key corporate customers on the fairways of Muscat Hills & Country Club on the 13th of December with the leading European golfer, Colin Montgomerie.