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 16, 2011

Bank of London and The Middle East
09:12 GMT
(press release)

Bank of London and The Middle East announced the appointmentof Waleed Al-Omar to its senior management team as Director of the MENA region.

Ms. Dina Shoman, Executive Vice President of Branding at Arab Bank accepting the awards
07:40 GMT
(press release)

Arab Bank was honored at an awards ceremony in Washington DC during the International Monetary Fund (IMF) and the Institute of International Finance (IIF) meetings.

Mazin Saad Al Nahedh, NBK General Manager, Consumer Banking Group
07:28 GMT

National Bank of Kuwait has recently conducted the third and last draw of its summer campaign. Saif Zeraatian has won the third stunning Mercedes SLS AMG Coupe 2011.

October 13, 2011

HE Sheikha Lubna bint Khalid bin Sultan Al Qassimi presenting the Marketing Department of the Year award to Vikram Krishna, Head, Group Marketing, Emirates NBD
12:59 GMT
(press release)

Emirates NBD was named awarded ‘Marketing Department of the Year’ at the eighth annual International Business Awards ceremony, also known as the Stevies from the Greek word for ‘Crowned.’

National Bank of Abu Dhabi
12:19 GMT

The National Bank of Abu Dhabi (NBAD), MasterCard Worldwide and GEMS Education today signed an agreement to introduce a loyalty card exclusively for GEMS parents.

Kevin Gardiner, Head of Europe, Middle East and Africa, Barclays Wealth
10:30 GMT
(press release)

Mr. Olsen, Head of Americas Investment Strategy Hans Olsen, CFA says: “With that pattern as a guide, it appears the next bubble could be forming in the sovereign debt of developed economies.”

Gulf Bank
09:00 GMT
(press release)

Gulf Bank’s senior management team recently held an off-site meeting, to begin the process of defining the Bank’s strategy for the coming four years, through to 2015.

Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank
07:48 GMT
(press release)

Doha Bank has posted a net profit for the 9 months period ending 30 September 2011 of QAR 1.01 billion which represents a significant increase of 13% versus the corresponding period last year.

Chadi N. Moujaes, Partner at Management Consulting Firm Booz & Company
07:30 GMT
(press release)

The private school market is growing rapidly in the countries of the Gulf Cooperation Council (GCC), presenting a significant opportunity for investors and school operators.

October 12, 2011

Lutfi Al Shukaili, Head of Service Quality, Ajman Bank, collecting the 'Best Small Bank' award
12:47 GMT
(press release)

Ajman Bank, announced today that it had been named the “Best Small Bank” at the 2011 Bank Benchmark Index Awards.

Al Hilal Bank receiving the award
12:12 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, was officially awarded the Certification Service Provider (CSP) license by the Emirates eGovernment during simple ceremonies.

Kuwait International Bank
11:04 GMT
(press release)

Kuwait International Bank (KIB) presented its competitive range of Shariah-compliant banking products and services to staff and visitors of the Public Authority for Industry at its temporary booth on the authority’s premises.

Al Ansari Exchange
10:03 GMT
(press release)

Al Ansari Exchange has revealed its donation of a school bus to the Safe Center for Exceptional Abilities (SCEA), a non-profit organization established to help children with Asperger’s Syndrome and High-Functioning Autism.

Graduates of Mashreq Al Mustaqbal
09:29 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the graduation of the latest group of UAE Nationals from Mashreq Al Mustaqbal management training program.

Burgan Bank
09:11 GMT
(press release)

Burgan Bank today announced Ms. SWANI TANDON as the winner of the Burgan Value Account draw. The lucky winner took home cash prize equivalent to 4,000KD.