Banking & Finance

Featured Story:

A bank assistant counts through money in Lebanon (File/AFP)
July 24, 2014 - 13:29 GMT
U.S. legislation to increase financial sanctions on any organization funding or channeling money to Hezbollah won't have any impact on Lebanon's banking sector, according to a report. A sigh of relief?

October 23, 2011

Hussain AlQemzi, CEO of Noor Islamic Bank
08:27 GMT
(press release)

Noor Islamic Bank (Noor) has been mandated to arrange and lead manage more than US $1.4 billion Islamic finance capital market deals in Turkey in the last 18 months, making it the most active UAE bank in the republic.

Ministry of Finance
08:10 GMT
(press release)

The UAE held the 91st GCC Financial and Economic Committee Meeting, which was headed by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance.

During the ceremony
07:53 GMT
(press release)

Bank of Sharjah announced today that it has been awarded the prestigious annual STP award by Commerzbank for the second year in a row.

Abdulelah AlKindy, General Manager of Retail Banking, Emirates NBD
07:08 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today their sponsorship of the fourth edition of the Dubai Police annual book fair.

October 20, 2011

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
11:26 GMT
(press release)

The UAE will be hosting the Gulf Financial and Economic Integration Forum, organized by the Ministry of Finance (MoF), at the Emirates Palace Hotel on Sunday, October 23, 2011.

Abdullatif Al-Muzaini Assistant Vice President for Local & Arab Countries at Tharwa Investment
10:39 GMT

Tharwa Investment Company announced that Tharwa Islamic Fund has been rated as the best performing Kuwaiti Islamic Fund.

Standard Chartered Bank
09:03 GMT
(press release)

Standard Chartered announced that it has handed over donations worth more than AED 500,000 to the Al Noor Centre for Children with Special Needs through three separate fund raising initiatives launched by the bank.

October 19, 2011

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
13:25 GMT
(press release)

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, announced the issuance of Federal Law No.7 regarding the establishment of the Emirates Development Bank (EDB).

National Bank of Abu Dhabi
10:59 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, launched a state-of-the-art branch that brings ground-breaking concepts to consumer banking.

Ernst & Young
10:55 GMT
(press release)

Entrepreneurs speak out: a call for action to G20 governments, released by Ernst & Young ahead of the G20 Young Entrepreneurs Summit (G20 YES) in France.

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
09:52 GMT
(press release)

The UAE will be hosting the 91st GCC Financial and Economic Committee Meeting which will be headed by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance.

Abdulla Al Hamli, Chief Executive Officer, Dubai Islamic Bank
08:06 GMT
(press release)

Dubai Islamic Bank announced today that its Retail Credit Department has won the “Credit Excellence Award” at the world’s leading credit industry conference.

October 18, 2011

BFC Bonus Card
13:25 GMT
(press release)

Bahrain Financing Company, the Kingdom’s oldest and most reputed money transfer and foreign exchange group, recently launched the BFC Bonus Card.

Mashreq
10:08 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the launch of a unique Gold Investment product that comes packaged with a free life insurance policy.

Carlos Ribeiro, Chief Financial Officer at Gulf Bank accepting his award at the ceremony
10:05 GMT
(press release)

Gulf Bank today announced that its Chief Financial Officer, Mr. Carlos Ribeiro has been awarded the ‘Excellence in Finance’ award at the 5th Annual CFO Middle East Strategies Forum 2011.