Banking & Finance

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The kingdom is also expected to account for the second largest share of emerging ECM deal fees over the next 17 years (File/AFP)
Saudi Arabia will emerge as the world's seventh largest capital market by by 2030 according to a recent report.

October 4, 2011

Ali Sajwani, Chief Information Officer of Emirates NBD, and Nidal Abou-Ltaif, Vice President of Emerging Markets, Avaya
12:11 GMT
(press release)

Emirates NBD, announced today their strong partnership with Avaya in achieving the banks advanced IT vision in the areas of networking, unified communications and contact centres.

Yousef A. Al-Shelash, Chairman and Ikbal Daredia, acting CEO of Unicorn at Press Conference
11:39 GMT
(press release)

Unicorn Investment Bank, an Islamic investment bank licensed by the Central Bank of Bahrain, today launches its new brand identity.

Younis Haji Al Khouri, Undersecretary of MoF
10:45 GMT
(press release)

The Ministry of Finance and the National Bank of Abu Dhabi will be launching the second generation of E-dirham (G2 E-Dirham) during their participation in the Gitex Technology Week 2011.

His Excellency while receiving the award
10:25 GMT
(press release)

The Middle East Retail Banking 2011 conference honoured His Excellency Abdul Aziz Al Ghurair, CEO of Mashreq, with The MEED Leadership Award in Banking.

Miray Katerji,  Barclays Wealth, Managing Director of Strategic Solutions Group, Middle East North Africa
09:15 GMT
(press release)

Barclays Wealth, a leading global wealth manager, today announced the appointment of Miray Katerji as Managing Director of Strategic Solutions Group, Middle East North Africa.

Abdulla Al Hamli, CEO, Dubai Islamic Bank, inaugurating the new branch at Dubai Mall with Nasser Rafi, CEO, Emaar Malls Group and senior DIB executives
08:55 GMT
(press release)

Dubai Islamic Bank announced today the opening of its newest branch, located in The Dubai Mall, bringing the bank’s UAE-wide network to a total of 70 branches.

Rak Investment Authority
07:51 GMT
(press release)

Horasis’ Global Arab Business Meeting will open next week in Ras Al Khaimah, UAE, bringing together over 300 participants from 35 countries.

October 3, 2011

13:53 GMT
(press release)

PwC, the world’s leading professional services network, today announced that its Middle East practice grew by 31% during FY2011.

Frank Courtney, CEO for Barloworld Logistics International
13:06 GMT

Barloworld Logistics is part of a 109 year old South African conglomerate, Barloworld. Ten years ago Barloworld decided to open its capsulated supply chain expertise to the world.

OBG Bahrain Team: Anna Dabrowska, Country Director and Gregory Kramer, Editorial Manager
11:41 GMT
(press release)

Oxford Business Group (OBG) has put in place a new team to oversee its latest project on Bahrain’s economic development and investment opportunities.

Ehab Anis Hassan, the Chief Human Resources Officer of NBAD, with two of the selected students
11:22 GMT

The National Bank of Abu Dhabi has selected four accomplished Emirati students for its newly launched international sponsorship programme, which would lead to internship and employment upon graduation.

National Bank of Kuwait
09:09 GMT

National Bank of Kuwait is the main sponsor of the Third Kuwait Financial Forum that is due to be held under the patronage of H.H the Prime Minister of the State of Kuwait.

October 2, 2011

Ebrahim Nonoo, Managing Director & CEO of EzRemit
13:15 GMT
(press release)

EzRemit, part of BFC Group Holdings, announced a ground breaking strategic agreement with National Bank of Pakistan, the largest commercial bank operating in Pakistan.

Philip King, head of Retail Banking at IBQ, receives the award
10:38 GMT

International Bank of Qatar (IBQ), the affiliate of National Bank of Kuwait (NBK) in Qatar, has been named Best Retail Bank in Qatar for the year 2011 by Arabian Business.

National Bank of Abu Dhabi Tower
10:30 GMT

NBAD is the Strategic Partner and sponsor of Middle East SME Forum 2011 in Abu Dhabi and contributed to organising the two-day event.