Banking & Finance

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Gulf entities have provided at least $30 billion of funding, at current prices, for African infrastructure over the last decade.
In the year 2000, The Economist magazine famously described Africa as “the hopeless continent” on its cover.

November 22, 2011

During the event
08:19 GMT
(press release)

Standard Chartered Bank is offering a once in a lifetime opportunity for one boy and one girl, accompanied by their parent or guardian, to travel to the UK and be a Liverpool FC mascot.

BuBa Logo
07:33 GMT
(press release)

Burgan Bank today launched the “BuBa Kids Account”, a new savings account that provides an array of benefits, and is specifically tailored for children up to 14 years old.

06:57 GMT

Jones Lang LaSalle MENA has won top honours for the third consecutive year at the Arabian Property Awards, the region’s most prestigious property competition in association with Google and Bloomberg Television.

November 21, 2011

NCB Capital
12:19 GMT
(press release)

NCB Capital has been voted best research house in three categories in Euromoney’s annual Middle East research survey for 2011.

Abdulla Al Hamli, Chief Executive Officer, Dubai Islamic Bank
10:01 GMT
(press release)

Dubai Islamic Bank (DIB) announced today that participants in the bank’s ongoing Qiyadee leadership programme have successfully completed the first phase of this 36-month course.

National Bank of Kuwait
08:54 GMT

Sales activity in the real estate sector saw some recovery in September after slowing in August (Ramadan).

Abu Dhabi Islamic Bank
08:34 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, is marking the occasion with the launch of its Gold National Day campaign.

Jakob Beck Thomsen, Regional head of Middle East and CEO Saxo Bank (Dubai)
08:22 GMT
(press release)

Saxo Bank A/S, the online trading and investment specialist, has today enabled its clients to identify and trade Islamic compliant stocks and ETFs on more than 25 exchanges worldwide.

Burgan Bank
06:00 GMT
(press release)

Burgan Bank announced today that it has collaborated with renowned luxury retailer Chopard Trafalgar to offer its VISA Platinum and Gold Credit Cardholders’ exclusive offer on a range of luxury jewellery and watches.

November 20, 2011

Chadi N. Moujaes, a partner with Booz & Company
11:51 GMT
(press release)

Private-school enrolment is expected to grow significantly in the Gulf Cooperation Council (GCC) countries in the next decade, but governments and investors must overcome several key challenges in order to capitalise on the opportunities this will present.

Bahrain Financial Exchange
11:13 GMT
(press release)

The Bahrain Financial Exchange is pleased to announce that Al Baraka Banking Group has become a registered user of Bait Al Bursa, the Islamic finance division of the BFX.

Jones Lang LaSalle
10:55 GMT

Jones Lang LaSalle MENA has today announced a Memorandum of Understanding (MoU) with Heriot-Watt University Dubai to support its Real Estate Management and Development Masters degree course.

Vikram Krishna, Head, Group Marketing, Emirates NBD
10:32 GMT
(press release)

Emirates NBD, announced today that its Priority Banking Division will be the exclusive sponsor for the exceptional contest titled: “Sing like a star with AR Rahman,” to be held on December 9, 2011.

National Bank of Kuwait
10:25 GMT

The US Dollar surged against its major counterparts throughout the week as uncertainty and fear of contagion drove investors to sell risky assets.

08:47 GMT, the largest online payment gateway in the Arab World and North Africa, win the Saudi's Digital Excellence Award for Finance and Business websites from Ministry of Communications and Information Technology (MCIT).