Banking & Finance

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Newswire reports suggest that Goldman Sachs’ issue of a five-year $500 million Sukuk was some 3x oversubscribed with orders of around $1.5 billion.
September 18, 2014 - 13:44 GMT
The US investment bank appears to have learned from the fiasco of its first attempt to market a Sukuk in 2011.

December 14, 2011

Markus Massi, Partner and Managing Director and BCG's regional leader in Wholesale Banking and Capital Markets
08:03 GMT
(press release)

GCC corporate banking profitability is on its way to recovering from the turmoil of the financial crisis, according to a latest report by The Boston Consulting Group (BCG).

BuBa Account Ad.
07:42 GMT
(press release)

Burgan Bank is set to hold a 3 day event starting today Thursday, December 15th to 17th at Baroue, located at the Avenues Mall and Discovery Mall at the same time to celebrate the launch of their new “BuBa “Kids Account.

Moinuddin Malim, CEO of Mashreq Al Islami receiving the Islamic Business & Finance Awards 2011
07:09 GMT
(press release)

Mashreq Al Islami, the Islamic banking division of Mashreq was awarded ‘Best Islamic Window’ for the second consecutive year at Annual Islamic Business and Finance Awards.

December 13, 2011

National Bank of Kuwait
12:43 GMT

Moody’s said that NBK’s financial strength rating reflects the “bank's dominant position in its domestic market, strong financial metrics, resilient asset quality, and good capitalization levels.”

Burgan Bank
12:32 GMT
(press release)

Burgan Bank recently conducted an educational banking seminar for Gulf Spic Company’s employees on the topic of “Letter of Credit Transactions”.

Sameena Ahmad, Managing Director at Alpen Capital
12:13 GMT
(press release)

Alpen Capital today announced the publication of its GCC Healthcare Report as a part of its Industry Research services.

Abu Dhabi Islamic Bank
08:55 GMT
(press release)

Dhabi Islamic Bank (ADIB), a top-tier Islamic financial institution, hosted its first Wealth Management Seminar for high net worth customers and presented its outlook on global markets.

December 12, 2011

Ajman Bank
14:19 GMT
(press release)

Ajman Bank, an award-winning financial services institution committed to transforming the experience of Islamic banking, today announced the opening of its new branch in the heart of Al Ain.

Arab Bank
14:14 GMT
(press release)

Arab Bank employees were recognized during a ceremony at its head office recently for their volunteering efforts to support the local community under the Bank’s sustainability program, Together.

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.