Banking & Finance

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in late 1998, or 2009, the surge in the US dollar is a huge deflation shock to the Gulf’s pegged currencies and its impact will be a major.
September 29, 2014 - 13:16 GMT
This seismic financial macro event has huge implications for the Gulf’s equity, property markets and liquidity engines, now that Brent crude has fallen $20 a barrel in the past three months

November 24, 2011

Western Union
08:31 GMT
(press release)

The Western Union Company found in a recent global survey across five continents that 74 percent of those surveyed chose their children, mother or significant other as the loved ones whose life they would like to make better the most.

Abu Dhabi Islamic Bank
07:47 GMT
(press release)

Abu Dhabi Islamic Bank has returned successfully to the Sukuk markets with the issuance of US$500 million, 5-year Sukuk (REG S Fixed Rate Trust Certificates) issued at a profit rate of 3.78%.

Al Ansari Exchange
07:46 GMT
(press release)

Al Ansari Exchange joins the whole of UAE in celebration of its 40th founding anniversary as a nation.

National Bank of Kuwait
06:20 GMT

National Bank of Kuwait (NBK) has been honored as “Best Investor Relations Company in Kuwait” in recognition of the bank’s international standards and best practice in transparency and governance.

Ahli United Bank
05:48 GMT

Alfardan Properties and Ahli United Bank are pleased to announce that they have managed successful financial closure of a US$ 200 Million 6 years Term Loan Facility (the Facility).

National Bank of Abu Dhabi
05:42 GMT

The National Bank of Abu Dhabi has inaugurated its Business Banking Centre, a facility in the heart of Abu Dhabi that exclusively serves small- and medium-sized businesses.

Younis Haji Al Khouri, Undersecretary of MoF
05:23 GMT
(press release)

he Ministry of Finance has announced that it has referred the Bankruptcy and Financial Restructuring Law Initiative, which was prepared in coordination with specialized local and international entities, to the technical committee at the Ministry of Justice.

Philip King, Head of Retail Banking at IBQ
05:02 GMT
(press release)

IBQ has recently launched its largest merchant partner promotion to date, the “Festive Season Offers”, which is the 9th edition in the bank’s long-standing, year-long Merchant Partner Programme for its credit cardholders.

November 23, 2011

During the ceremony
12:28 GMT
(press release)

Emirates NBD Asset Management, announced today that it has won the award for Equity Manager of the Year at the Global Investor, Middle East Asset Management & Brokerage Awards.

Mazin Saad Al Nahedh, NBK General Manager, Consumer Banking Group
11:01 GMT

National Bank of Kuwait enjoys the largest banking network in Kuwait with more than 200 ATMs, 6,000 Points of Sale and 68 branches spread throughout the country.

Haneen Al Rumaihi along with the top performing Premier Banking Executives and a number of executives from Burgan Bank’s Retail Department
08:58 GMT
(press release)

Burgan Bank awarded three of its top performing Premier Banking Executives in an effort to shed more light on their outstanding results that were achieved using the bank’s customer relationship management.

Arshad Khan, Managing Director & Chief Executive Officer of the BFX and the BFX Clearing and Depository Corporation
08:21 GMT
(press release)

The Bahrain Financial Exchange proudly announced the commencement of live trading of its conventional trading segment on the 23rd November 2011.

Sheikh Nahayan bin Mubarak Al Nahayan, Minister of Higher Education and Scientific Research
06:49 GMT
(press release)

Standard Chartered UAE held an official welcome dinner at the Jumeirah at Etihad Towers yesterday for Jonathan Morris, CEO, Standard Chartered UAE and bid farewell to its former CEO, Jeremy Parrish.

Abdel Hamid Shoman, Chairman of Arab Bank receiving the award
05:25 GMT
(press release)

Arab Bank was honored as “Bank of the Year” during the Arabian Business Awards on November 20 at the Armani Hotel in Dubai.

November 22, 2011

Al Ghurair with graduates from AUH
10:06 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the graduation of a new group of UAE Nationals in Abu Dhabi and Al Ain from its management training program, Mashreq Al Mustaqbal.