Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks, he said.
March 04, 2015 - 19:24 GMT
Bank of Khartoum, an Islamic institution which is Sudan's biggest privately owned bank, plans to open a wholesale banking branch in Bahrain.
Jabra Ghandour, Managing Director of ibq
March 04, 2015 - 12:49 GMT
International Bank of Qatar (ibq) has announced the sponsorship of the Qatari Businesswomen Association’s (QBWA) second annual Mentoring Walk on March 7th, 2015.
During the training
March 04, 2015 - 11:04 GMT
HSBC Bank Oman and the British Council welcomed a specialist from the United Kingdom, Marie Delaney, to deliver a series of Special Education Needs training workshops to teachers across a number of the Sultanate’s government schools.
Mark Yassin Co-Head of Wholesale Banking and Senior Managing Director of Global Banking at NBAD and Tim Myers, president of Boeing Capital Corporation, Boeing’s financing and leasing unit
March 04, 2015 - 09:11 GMT
NBAD and aircraft manufacturer Boeing have extended an agreement which has seen the two organizations work successfully together to develop aircraft financing and leasing opportunities in the Middle East market over the past three years.
Turkey's sole stock exchange said it planned to sell shares held by the national Treasury, adding it had started a process to select bookrunners.
March 03, 2015 - 17:30 GMT
Turkey's Borsa Istanbul has decided to go public, it said in a statement on Tuesday, in an offering that will see the $220 billion stock exchange sell up to nearly 43 per cent of its capital.
The dollar rose to as high as 95.505 .DXY against a basket of major currencies, its highest level since September 2003. The dollar index last traded at 95.417.
March 03, 2015 - 17:15 GMT
The dollar hit an 11-year high against a basket of major currencies on Monday, with the greenback gaining a broad lift after an interest rate cut.
During the event
March 03, 2015 - 11:05 GMT
Al Hilal Bank, the progressive Abu Dhabi, headquartered Islamic Bank wholly owned by the Abu Dhabi Investment Council, has announced that it has won four major honors at the Islamic Finance News Deals of the Year 2014 Awards.
Shayne Nelson, Group Chief Executive Officer, Emirates NBD
March 03, 2015 - 08:26 GMT
Emirates NBD, a leading bank in the region, announced that it has been named the most valuable banking brand in the UAE with a brand valuation of US$ 1.78 billion, an increase of 40% from 2014.
The three wealthy Gulf governments, deeply opposed to Mursi’s Muslim Brotherhood group, ramped up aid to Egypt after his ouster and are spending heavily to try to ensure the success of current President Abdel Fattah al-Sisi.
March 03, 2015 - 08:23 GMT
Egypt has obtained $23 billion in aid from Saudi Arabia, the United Arab Emirates and Kuwait in the 18 months since Islamist President Mohamed Mursi was ousted.
Saudi Arabia’s market, on the other hand, lacked clear direction and was nearly flat as oil edged down towards $62 per barrel.
March 03, 2015 - 08:10 GMT
Egypt’s stock market rebounded on Monday after bullish comments from government officials and executives and signs that the planned parliamentary election will go ahead soon.
Wael El Kabbany, managing director, Middle East and North Africa, BT Global Services
March 03, 2015 - 07:45 GMT
BT today announced a contract with the National Bank of Abu Dhabi (NBAD) to provide a managed end-to-end networked IT services solution to the bank’s new financial hub in London.