Banking & Finance

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Since August 5, conditions in the market have made it less worthwhile to hold shekels, because the Israeli banks were willing to pay almost 1% annual interest on dollar deposits.
August 21, 2014 - 13:20 GMT
After the cannons have stopped roaring and an arrangement between Israel and Hamas is emerging, the shekel is suddenly showing weakness.

October 23, 2011

Sudhir Kumar Shetty, COO- Global Operations of UAE Exchange
09:22 GMT
(press release)

UAE Exchange is celebrating its 31st Anniversary which falls on 23rd October, 2011, marked by a three-day long celebration across its global operations.

Société Générale De Banque – Jordanie
09:05 GMT
(press release)

Société Générale De Banque – Jordanie moved its Wehdat Branch to its new location in Prince Hasan Street/ Madaba’s Road.

His Highness Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman during the Hand Made exhibition
08:52 GMT
(press release)

Ajman Bank, announced its sponsorship of the Ajman Businesswomen Council’s “Hand Made” exhibition, held under the patronage of His Highness Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman.

Pamir Karagoz, the new Head of Mashreq Gold
08:52 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the appointment of Pamir Karagoz as the new Head of Mashreq Gold.

Al Ramz Securities
08:49 GMT
(press release)

Al Ramz Securities has released its comprehensive report on the UAE’s telecommunications sector.

Gulf International Bank
08:33 GMT

Gulf International Bank reported consolidated net income after tax of $84.6 million for the nine months ended 30th September 2011. Net income after tax in the third quarter was $22.2 million.

Hussain AlQemzi, CEO of Noor Islamic Bank
08:27 GMT
(press release)

Noor Islamic Bank (Noor) has been mandated to arrange and lead manage more than US $1.4 billion Islamic finance capital market deals in Turkey in the last 18 months, making it the most active UAE bank in the republic.

Ministry of Finance
08:10 GMT
(press release)

The UAE held the 91st GCC Financial and Economic Committee Meeting, which was headed by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance.

During the ceremony
07:53 GMT
(press release)

Bank of Sharjah announced today that it has been awarded the prestigious annual STP award by Commerzbank for the second year in a row.

Abdulelah AlKindy, General Manager of Retail Banking, Emirates NBD
07:08 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today their sponsorship of the fourth edition of the Dubai Police annual book fair.

October 20, 2011

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
11:26 GMT
(press release)

The UAE will be hosting the Gulf Financial and Economic Integration Forum, organized by the Ministry of Finance (MoF), at the Emirates Palace Hotel on Sunday, October 23, 2011.

Abdullatif Al-Muzaini Assistant Vice President for Local & Arab Countries at Tharwa Investment
10:39 GMT

Tharwa Investment Company announced that Tharwa Islamic Fund has been rated as the best performing Kuwaiti Islamic Fund.

Standard Chartered Bank
09:03 GMT
(press release)

Standard Chartered announced that it has handed over donations worth more than AED 500,000 to the Al Noor Centre for Children with Special Needs through three separate fund raising initiatives launched by the bank.

October 19, 2011

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
13:25 GMT
(press release)

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, announced the issuance of Federal Law No.7 regarding the establishment of the Emirates Development Bank (EDB).

National Bank of Abu Dhabi
10:59 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, launched a state-of-the-art branch that brings ground-breaking concepts to consumer banking.