Banking & Finance
May 26, 2011
Emirates NBD, a leading bank in the region, today unveiled its new website, which features a wide range of enhancements and new interactive features.
Finance House PJSC (FH) has today obtained all regulatory approvals to open up shareholding to foreign ownership, to the extent of 20% of its paid up equity share capital.
The Ministry of Finance (MoF) held the second meeting of the UAE Economic Committee for the GCC Common Market (GCM).
May 25, 2011
Gulf Bank announced that it signed an agreement with the International Finance Company, to purchase a tranche of IFC’s consumer vehicle portfolio.
CEO of Gulf International Bank has been appointed as a member in the Group of Twenty (G-20) High Level Panel on Infrastructure Investment (HLPII).
Burgan Bank Bowling Team recently celebrated the success at the Kuwait Banks Club (KBC) bowling championship on May 20th.
Despite the broad awareness that mobile financial services can serve as a means for “banking the unbanked” on a global basis, widespread adoption has yet to be achieved.
Japan’s SBI Holdings, Inc. and Abu Dhabi financial services firm Invest AD are investing in a new joint private equity fund worth $100 million and focused on acquisitions in Turkey.
Al Hilal Bank, a progressive Islamic bank, received the ‘Quality Appreciation Award’ during the Sheikh Khalifa Excellence Award.
May 24, 2011
According to Ernst & Young’s Middle East IPO Update, regional capital markets raised US$21.7 M in the first quarter of 2011, down 94.8% from the US$420.4 M raised in the first quarter of 2010.
The National Bank of Abu Dhabi (NBAD) has steadily pushed ahead with new services that make a real difference to users.
Standard Chartered Bank, has inaugurated its new Electronic Banking Unit (EBU) at the Hamriya Free Zone in Sharjah.
Ole Sloth Hansen, Senior Commodity Manager at Saxo Bank, the online trading and investment specialist, will be visiting Dubai in early June.
Mubasher Financial Services has announced that HSBC’s Payments and Cash Management team will be implementing its SWIFTnet payment integration services.
GFT, a global leader in online currency trading and derivatives, announced today that it is increasing its commitment to the Middle East region’s trading and derivatives market with a broad set of initiatives.