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?

September 19, 2011

Talal Soubra, Chief Risk Officer, Ajman Bank
13:16 GMT
(press release)

Ajman Bank, an award-winning financial services institution committed to transforming the experience of Islamic banking, recently announced the appointment of Talal Soubra as its new Chief Risk Officer.

Barclays Capital
12:55 GMT
(press release)

Barclays Bank announced today that it has received approval to operate an Islamic Window in the Dubai International Financial Centre.

Burgan Bank's Representative
12:38 GMT
(press release)

Burgan Bank announced today that a team from the retail banking group has visited the Public Authority for Industry in an effort to introduce its accounts as well as its services to their employees.

Ahmed Al Medfaa, Chairman of SCCI, Saif Ali Al Shehhi, the Senior General Manager of the Domestic Banking Division of NBAD and senior executives of NBAD & SCCI  at the inauguration of the Bank's new business centre in Sharjah.
10:02 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, launched today its sixth business banking centre in the country and the first in Sharjah.

September 18, 2011

Standard Chartered
14:04 GMT
(press release)

Standard Chartered has announced that it has commenced its free employee health check-up campaign in association with Prime Medical Care clinics in Abu Dhabi, Dubai and Sharjah.

Mark Watts, the Head of Fixed Income and responsible for structured products at NBAD’s Asset Management Group
11:46 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, launched 100% capital-protected commodity basket investment.

Farhad Irani, Head of Retail Banking, Mashreq
09:56 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions, revealed its innovative side with the launch of the Mashreq Majestic range of banking service programs.

Loay Fadhil Maqams, Executive Vice President and General Manager of Finance and Investment, Kuwait International Bank
07:41 GMT
(press release)

Kuwait International Bank announced the approval of Central Bank of Kuwait on appointing Loay Fadhil Maqams in the position of the bank's Executive Vice President and GM of Finance and Investment.

September 15, 2011

Barclays Wealth
10:13 GMT
(press release)

Barclays Wealth, has announced the launch of Barclays Wealth iAlert, as part of an enhanced foreign exchange offering for clients of Barclays Wealth International.

Obaid Humaid Al Tayer, Minister of Finance
08:54 GMT
(press release)

The Ministry of Finance (MoF) has provided its employees with free metro Nol cards (used for all public transport modes in Dubai).

September 14, 2011

Obaid Humaid Al Tayer, Minister of Financial
13:09 GMT
(press release)

The Ministry of Finance recently held its third coordination meeting with a number of UAE ministries and entities to discuss the different forms of technical support offered by the World Bank.

NUKS, Union President, Fahad T. Al Sebaie receives the sponsorship cheque from NBK Group Deputy CEO Isam Al Sager
10:07 GMT

National Bank of Kuwait NBK is sponsoring the 28th annual conference of the National Union of Kuwaiti Students-USA which will be held during the period 23-26 November 2011.

First Gulf Bank Credit Cards
09:23 GMT
(press release)

First Gulf Bank, this week announced grand prizes for 44 lucky Abu Dhabi Credit cardholders as part of the AED 6M dirhams of yearly prizes offered on the card.

07:48 GMT
(press release)

Mashreq, one of the leading financial institutions in the UAE announced unique dining experience for its customers at Jumeirah Beach ResidenceThe Walk.

September 13, 2011

Tirad Mahmoud, CEO, ADIB
13:34 GMT
(press release)

Abu Dhabi Islamic Bank announced the launch of its 100% capital protected ‘ADIB Diversified Basket Note’ that provides an opportunity to small or large investors to profit.