Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

November 27, 2011

National Bank of Kuwait
06:03 GMT

National Bank of Kuwait (NBK) is sponsoring the 28th annual conference of the National Union of Kuwaiti Students-USA from November 24th until November 28th 2011.

TEDxYouth@Amman
05:35 GMT
(press release)

Jordan Ahli Bank recently supported the TEDxYouth@Amman event as the exclusive Gold banking Sponsor.

Deon Vernooy, Senior Executive Officer at Emirates NBD Asset Management
05:29 GMT
(press release)

Emirates NBD Asset Management announced today that its Emirates Islamic Money Market Fund attracted more than US100 million from investors in the 18 months since the fund was launched.

National Bank of Kuwait
05:10 GMT

National Bank of Kuwait (NBK) has recently received “The Localization Award” from the GCC Council of Ministers of Labor during a special awarding ceremony held in Abu Dhabi, UAE.

First Gulf Bank
05:07 GMT
(press release)

First Gulf Bank, (FGB), the leading financial partner of choice in the UAE, has launched a number of events and initiatives to mark this special occasion.

November 24, 2011

Western Union
08:31 GMT
(press release)

The Western Union Company found in a recent global survey across five continents that 74 percent of those surveyed chose their children, mother or significant other as the loved ones whose life they would like to make better the most.

Abu Dhabi Islamic Bank
07:47 GMT
(press release)

Abu Dhabi Islamic Bank has returned successfully to the Sukuk markets with the issuance of US$500 million, 5-year Sukuk (REG S Fixed Rate Trust Certificates) issued at a profit rate of 3.78%.

Al Ansari Exchange
07:46 GMT
(press release)

Al Ansari Exchange joins the whole of UAE in celebration of its 40th founding anniversary as a nation.

National Bank of Kuwait
06:20 GMT

National Bank of Kuwait (NBK) has been honored as “Best Investor Relations Company in Kuwait” in recognition of the bank’s international standards and best practice in transparency and governance.

Ahli United Bank
05:48 GMT

Alfardan Properties and Ahli United Bank are pleased to announce that they have managed successful financial closure of a US$ 200 Million 6 years Term Loan Facility (the Facility).

National Bank of Abu Dhabi
05:42 GMT

The National Bank of Abu Dhabi has inaugurated its Business Banking Centre, a facility in the heart of Abu Dhabi that exclusively serves small- and medium-sized businesses.

Younis Haji Al Khouri, Undersecretary of MoF
05:23 GMT
(press release)

he Ministry of Finance has announced that it has referred the Bankruptcy and Financial Restructuring Law Initiative, which was prepared in coordination with specialized local and international entities, to the technical committee at the Ministry of Justice.

Philip King, Head of Retail Banking at IBQ
05:02 GMT
(press release)

IBQ has recently launched its largest merchant partner promotion to date, the “Festive Season Offers”, which is the 9th edition in the bank’s long-standing, year-long Merchant Partner Programme for its credit cardholders.

November 23, 2011

During the ceremony
12:28 GMT
(press release)

Emirates NBD Asset Management, announced today that it has won the award for Equity Manager of the Year at the Global Investor, Middle East Asset Management & Brokerage Awards.

Mazin Saad Al Nahedh, NBK General Manager, Consumer Banking Group
11:01 GMT

National Bank of Kuwait enjoys the largest banking network in Kuwait with more than 200 ATMs, 6,000 Points of Sale and 68 branches spread throughout the country.