Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

January 30, 2012

Steen Jakobsen, Chief Economist at Saxo Bank
09:51 GMT
(press release)

Steen Jakobsen, Chief Economist at Saxo Bank A/S will be visiting Dubai to discuss with financial media and professional investors of Saxo Bank.

Suaad Al Shammari, Emiratisation Manager at NBAD
08:28 GMT

The National Bank of Abu Dhabi is platinum sponsor of Tawdeef Career Fair to be held in Abu Dhabi National Exhibition Centre (ADNEC) from January 31st to February 2nd, 2012.

NBK Qatar equity fund
06:09 GMT
(press release)

NBK Qatar Equity Fund was named as the best Qatar focused equity fund in 2011 by MENA Fund Manager, a leading financial publication.

January 29, 2012

Abdulla Ali Al Hamli, Chairman of Tamweel
12:23 GMT
(press release)

Tamweel announced its financial results for the 12 months ending December 31, 2011, demonstrating continued profitability during a period of increased stability in the domestic property market.

All Artistes at the Global Fusion Concert
10:39 GMT
(press release)

Bank Sarasin-Alpen and Alpen Capital Dubai hosted the Global Fusion concert on Saturday, 28 January 2012 at the Convention Centre of the Jumeirah Beach Hotel, Dubai.

Al Ansari Exchange
08:40 GMT
(press release)

Al Ansari Exchange recently handed over brand new Mazda 3 cars to 10 winners of the Al Ansari Rewards – Winter Promotion 2011.

Simon Vaughan Johnson, Chief Executive Officer, HSBC Kuwait
07:39 GMT
(press release)

HSBC KUWAIT today announced that it has launched a new service which will allow corporate and institutional clients to trade and settle in Chinese Renminbi (RMB) offshore.

During the event
05:40 GMT
(press release)

Emirates NBD Asset Management announced today that its Emirates Global Sukuk Fund was recognised as “Specialist Fund of the Year” at the 2012 MENA Fund Manager Performance Awards.

January 26, 2012

National Bank of Abu Dhabi
10:15 GMT

The 2012 Global Financial Markets Forum will kick off on February 29th with a host of high profile speakers who will address the critical market factors in 2012.

Barclays Wealth
08:25 GMT
(press release)

Barclays Wealth announced a study on ‘Ensuring Business Continuity: New Thinking in Building a Sustained Leadership in Indian Family Business’.

Falcon Private Bank
07:23 GMT
(press release)

Falcon Private Bank launches the FALCON MENASA FOCUSED FIXED INCOME FUND for qualified investors to capture investment opportunities in the emerging markets.

January 25, 2012

Dubai Islamic Bank
11:01 GMT
(press release)

Dubai Islamic Bank announced the opening of three new branches in Dubai, bringing the bank’s UAE-wide network to a total of 74 branches.

Standard Chartered
09:09 GMT
(press release)

Standard Chartered employees pledged their last hour’s pay of 2011 to a good cause, raising USD720,000 for Seeing is Believing, the Bank’s programme to tackle preventative blindness.

Abu Dhabi Islamic Bank
08:27 GMT
(press release)

Abu Dhabi Islamic Bank announced today that it had partnered with Etisalat to bring the first Islamic telecom reward payment card to the UAE.

Ehab Anis Hassan, the Group Chief Human Resources Officer at NBAD
08:09 GMT

Two of the National Bank of Abu Dhabi (NBAD) employees enrolled in the Bank’s international sponsorship programme "Tomouh" left for the United States to being their studies.