Banking & Finance

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The existing management of liquidity is limiting the growth of the global Islamic banking market, and how standardisation and innovation can offer a solution to this.
July 21, 2014 - 21:44 GMT
Traditionally, Islamic products have been designed by financiers from conventional backgrounds, who try to base them on conventional products

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.

Abu Dhabi Islamic Bank
09:26 GMT
(press release)

Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all its “Dana Women’s Banking” customers.

Ehab Rashad, Mubasher new Managing Director in Egypt
09:07 GMT
(press release)

Mubasher Financial Services, has announced the recent appointment of Ehab Rashad as Managing Director of Direct Broker for Securities, Mubasher in Egypt.

October 17, 2011

Yahya Alyahya, GIB’s Chief Executive Officer
11:37 GMT

Gulf International Bank (GIB) has won three awards in the investment banking category of the Global Banking & Finance Review Awards for 2011.

The two promotions, which have been launched in the beginning of the year, give customers the opportunity to win back their utility bill amount when settling their bills online or win an iPAD when paying their credit card balances
10:16 GMT
(press release)

Arab Bank has recently announced the winners of the 9th draw in its ongoing Arabi Online Internet banking service promotions for customers who pay their utility bills and credit card balances online.