Banking & Finance

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Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
July 8, 2014 - 15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.

September 7, 2011

Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance
13:34 GMT
(press release)

The UAE’s capital city hosted the Exceptional Meeting for the Council of Arab Ministers of Finance today in Emirates Palace.

Kevin Gardiner, Head of Global Investment Strategy, Barclays Wealth
08:22 GMT
(press release)

While the soft patch in developed economies has threatened to turn into a more pronounced setback, the US should still skirt a material recession and global growth will remain firmly positive.

AXA Insurance
08:01 GMT
(press release)

AXA Insurance, Gulf, today announced that its revolutionary Employee Assistance Programmes, launched in the Gulf recently, is aimed at helping corporates achieve long-term, healthy and sustainable growth.

September 6, 2011

Nilesh Ved, CEO, Apparel Group with Rajeev Kakar, CEO & Executive Director, Dunia
12:27 GMT
(press release)

Dunia Finance has partnered with Apparel Group, to launch a new range of co-branded credit cards that offers unparalleled value to customers who shop at Apparel’s 290+ stores across the UAE.

National Bank of Abu Dhabi
09:09 GMT

NBAD opened a new business banking centre in Abu Dhabi’s Mina area in heels of the Bank’s success in acquiring new small- and medium-sized enterprise (SME) clients in 2011.

Jones Lang LaSalle
07:25 GMT
(press release)

Jones Lang LaSalle announced today that HSBC has appointed the firm as a strategic property partner across the MENA region.

MasterCard
06:22 GMT
(press release)

MasterCard Worldwide recently hosted an Iftar evening in Amman to celebrate the spirit of the Holy Month of Ramadan with its customer financial institutions in the Kingdom.

September 5, 2011

Burgan Bank
10:00 GMT
(press release)

Burgan Bank held its Yawmi account draw announcing a total of 2 lucky daily prize winners, each taking home KD 5000.

Bashir Jaber, Burgan Bank’s Assistant General Manager, Corporate Communications
09:32 GMT
(press release)

urgan Bank announced today that it will be the strategic sponsor for the upcoming “CRUSH IT! Seminar”, which will take place during October this year in Kuwait.

Saxo Bank
09:17 GMT
(press release)

Saxo Bank is pleased to announce that TPG Capital, one of the world’s leading investment firms, will become a major shareholder in Saxo Bank.

H.E. Abdul Aziz Al Ghurair with Shaker Zainal
08:43 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the appointment of a UAE National Shaker Fareed Zainal, as Head of Distribution.

Obaid Humaid Al Tayer, Minister of State for Financial Affairs
06:26 GMT
(press release)

MoF announced that it has finalised the event programme for the Exceptional Meeting for the Council of Arab Ministers of Finance to be held in Abu Dhabi.

September 4, 2011

Hisham Hamoud, Head of Retail and Chief Operating Officer of Dubai Bank
12:51 GMT
(press release)

Dubai Bank has announced the launch of its new balance transfer facility which allows new and existing customers to shift their credit card balance from another bank to Dubai Bank’s Covered Card.

During the event
10:17 GMT
(press release)

Bahraini retail and commercial banking institution, BMI Bank awarded 20 customers a cash prize of BD 50 each as part of the Ayadi Savings Scheme Eid campaign at Bahrain City Centre.

Markus Massi, a Partner & Managing Director at BCG Middle East
09:26 GMT
(press release)

Professional managers of institutional assets and retail mutual funds retained a good momentum in 2010 in the Middle East and around the world, confirming the rebound from the global financial crisis.