Banking & Finance
February 9, 2012
The National Bank of Abu Dhabi, the Mandated Lead Arranger, Sole Coordinator and the Agent successfully closed a US$ 455,000,000 Club Loan Facility for Commercial Bank of Qatar (the Facility).
Abu Dhabi Islamic Bank, announced that it had been awarded the LEED Pre-Certification for Gold Rating from the US Green Building Council for its proposed new headquarters on Airport Road in Abu Dhabi.
February 8, 2012
The Dubai Financial Services Authority (DFSA) announces, today, the results of a recent stakeholder perception survey of the DFSA
Gemalto, announces that Al Rajhi Bank, has completed the main phase of the Dexxis Instant Issuance deployment program for on-the-spot EMV card delivery.
February 7, 2012
In the current issue of “Perspectives”, Burkhard P. Varnholt, examines the non-linear, interconnected forces, economic, political, demographic and scientific, that pose the greatest historical theme of our time.
Abu Dhabi Islamic Bank announced that it had closed a AED 275 million (USD 75M) syndicated Islamic financing facility for JBF RAK LLC, a subsidiary of JBF Industries.
The Ministry of Finance recently held its annual meeting with a number of development and training centres, to better familiarize itself with the different training partners available in the UAE.
February 6, 2012
Arab Bank Group achieved favorable results in 2011 despite the challenging general conditions in the Arab region and other areas of the world and in particular the euro zone.
MoneyGram International has teamed with Bahrain Financing Company, the Kingdom's oldest money transfer and foreign exchange group, to open a dedicated MoneyGram location in the Manama Souq.
The 2012 Global Financial Markets Forum (GFMF) will kick start with a keynote address by Paul Volcker.
Emirates NBD forecasts a 3.8 per cent growth in Saudi GDP in 2012, backed public sector spending, even as the global economy continues to lose momentum.
IBQ sponsored the Catwalk Talents Event, a talent and fashion show held at Katara Cultural Village on February 3, 2012 and organized by Stenden University and Smile Events.
February 5, 2012
Abu Dhabi Islamic Bank (ADIB), has announced that customers are now able to check their balance and top up Salik accounts using the ADIB *161# Mobile Banking service.
Emirates NBD announced today that it will once again serve as the co-sponsor, Official Bank and Caddy Bid Sponsor for the forthcoming Omega Dubai Desert Classiؤز
IBQ reported a 25% rise in net profits to QAR 573 million for the year ending 31 December 2011. The figure compares with profits of QAR 458 million recorded in the previous year.