Banking & Finance
February 7, 2012
In the current issue of “Perspectives”, Burkhard P. Varnholt, examines the non-linear, interconnected forces, economic, political, demographic and scientific, that pose the greatest historical theme of our time.
Abu Dhabi Islamic Bank announced that it had closed a AED 275 million (USD 75M) syndicated Islamic financing facility for JBF RAK LLC, a subsidiary of JBF Industries.
The Ministry of Finance recently held its annual meeting with a number of development and training centres, to better familiarize itself with the different training partners available in the UAE.
February 6, 2012
Arab Bank Group achieved favorable results in 2011 despite the challenging general conditions in the Arab region and other areas of the world and in particular the euro zone.
MoneyGram International has teamed with Bahrain Financing Company, the Kingdom's oldest money transfer and foreign exchange group, to open a dedicated MoneyGram location in the Manama Souq.
The 2012 Global Financial Markets Forum (GFMF) will kick start with a keynote address by Paul Volcker.
Emirates NBD forecasts a 3.8 per cent growth in Saudi GDP in 2012, backed public sector spending, even as the global economy continues to lose momentum.
IBQ sponsored the Catwalk Talents Event, a talent and fashion show held at Katara Cultural Village on February 3, 2012 and organized by Stenden University and Smile Events.
February 5, 2012
Abu Dhabi Islamic Bank (ADIB), has announced that customers are now able to check their balance and top up Salik accounts using the ADIB *161# Mobile Banking service.
Emirates NBD announced today that it will once again serve as the co-sponsor, Official Bank and Caddy Bid Sponsor for the forthcoming Omega Dubai Desert Classiؤز
IBQ reported a 25% rise in net profits to QAR 573 million for the year ending 31 December 2011. The figure compares with profits of QAR 458 million recorded in the previous year.
The National Bank of Abu Dhabi has opened its 29th branch in Egypt in line with the Bank's strategy to expand its branch network in Egypt to 50 branches by 2015.
The National Bank of Abu Dhabi’s Asset Management Group has been named the UAE Asset Manager of the Year in MENA Fund Manager Performance Awards, presented by Mena Fund Manager magazine.
February 2, 2012
Dubai Islamic Bank announced its financial results for the year ending December 31, 2011, demonstrating sustained growth across the bank's core operations.
Ajman Bank, announced today its financial results for the 12 months ending December 31, 2011, continuing the bank’s impressive growth since its foundation in 2009.