Banking & Finance

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Newswire reports suggest that Goldman Sachs’ issue of a five-year $500 million Sukuk was some 3x oversubscribed with orders of around $1.5 billion.
September 18, 2014 - 13:44 GMT
The US investment bank appears to have learned from the fiasco of its first attempt to market a Sukuk in 2011.

November 1, 2011

Towers Watson
07:45 GMT
(press release)

Assets managed by the world’s largest 500 fund managers rose by over 4% in 2010 to around US$65 trillion, continuing a trend from 2009 when assets rose 16% on the prior year.

During the ceremony
06:54 GMT
(press release)

The National Bank of Fujairah has announced that it has closed a AED 261 million long term syndicated loan for Lifeline Hospital Group.

October 31, 2011

National Bank of Fujairah
10:45 GMT
(press release)

NBF recorded a net profit of AED 200.9 million compared to AED 130.8 million in 2010.

Younis Haji Al Khouri, Undersecretary of MoF
09:57 GMT
(press release)

Ministry of Finance (MoF) held its fourth meeting with the UAE team tasked following up on the progress of the economic sector within the Gulf Common Market (GCM).

Saif Al Mansoori, Deputy Head, Group Marketing and Branding, Emirates NBD
09:45 GMT
(press release)

Emirates NBD announced today the launch of a unique art competition entitled, “My UAE,” to celebrate the 40th UAE National Day.

October 30, 2011

Falcon Private Bank
13:29 GMT
(press release)

Falcon Private Bank is the winner of the prestigious Global Private Banking Award 2011 for “Most Improved Leadership Team in Global Private Banking”.

Hameed Noor Mohamed, the new Head of SME Banking
13:20 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the appointment of Hameed Noor Mohamed as the new Head of SME Banking.

Visa
11:49 GMT
(press release)

Visa today announced financial results for the Company's fiscal fourth quarter and full-year 2011.

Standard Chartered Bank
09:57 GMT
(press release)

The Standard Chartered Challenge Cup 2011 concluded yesterday (Saturday, October 29, 2011) with second leg hosts Dubai Offshore Sailing Club.

Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange
09:01 GMT
(press release)

UAE Exchange, the leading global remittance and foreign exchange brand, had made a pledge to do its bit towards child welfare during the holy month of Ramadan.

“Crush It”! Seminar
08:33 GMT
(press release)

Burgan Bank’s latest strategic sponsorship of the “Crush It”! seminar concluded successfully, and highlighted the important role that social media plays in helping companies across Kuwait communicate with their audiences.

Hamad Al Hurr Al Suwaidi, Chairman of the Department of Finance (DoF) - Abu Dhabi
08:17 GMT
(press release)

Department of Finance, Abu Dhabi has organized its first staff Hajj trip to the Kingdom of Saudi Arabia.

National Bank of Abu Dhabi
07:18 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has just launched a new Personal Loans campaign.

International Advisory Board members
07:13 GMT

National Bank of Kuwait (NBK) held its fourth annual International Advisory Board (IAB) meeting in Kuwait to discuss the latest developments in the Arab world and their implications on the future of the region.

Abdel Hamid Shoman, Chairman of Arab Bank
05:56 GMT
(press release)

Arab Bank profits for the period ending September 2011 increased by 12% to reach USD 428.7 million compared to USD 382.7 million for the same period in 2010.