Banking & Finance
August 1, 2011
Standard Chartered has announced that it has been awarded “Best Consumer Internet Bank – UAE” and “Best in Social Media – Regional Sub-category winner”.
July 31, 2011
Burgan Bank announced today an exclusive tie up for its debit and credit cardholders which offers a wide range of discounts on cosmetic, fragrances, kitchen and household wares from Fayasel.
Burgan Bank today announced first half 2011 net profit of KD 25.3 million for the period ended June 30th 2011.
Emirates NBD has introduced lower interest rates on all personal loans to UAE Nationals during the Holy Month of Ramadan.
According to a recent survey conducted on behalf of Visa, over half of Egyptians spend more money during the month of Ramadan than any other month of the year.
The banking sector in the Middle East will become more competitive over the coming two years according to the annual Barclays Corporate Global Banking Survey.
MasterCard released the MasterCard Worldwide Index of Global Destination Cities, an index that gives a look at how the world’s biggest cities are connected.
Arab Bank announced that group net profits after tax increased by 13% in the first six months of 2011 from $289.5 million to $327.2 million despite the prevailing conditions in the region.
Gulf International Bank reported consolidated net income after tax of $62.4 million for the six months ended 30th June 2011 being $6.1 million or 11 per cent up on the comparable prior year period.
Jordan Ahli Bank recently launched its official pages on Facebook, Twitter and YouTube.
Dubai Islamic Bank announced its financial results for the first half of the year ending June 30, 2011, demonstrating continued strong growth in the bank’s core operations.
Bank of Sharjah today announced its financial results for the six months ending June 30, 2011, demonstrating the bank’s underlying strength and prudent business model.
HSBC has signed up two of world rugby’s most famous sons as its Middle East rugby ambassadors for 2011.
July 28, 2011
NCB Capital, issued a new report analysing the consolidation outlook for specific sectors in Saudi Arabia and the likelihood of Saudi companies consolidating domestically and internationally.
The National Bank of Abu Dhabi, has launched NBAD Mobile Application, the first mobile banking service to avail full banking services including international remittances.