Banking & Finance
September 29, 2011
NCB Capital, Saudi Arabia’s largest investment bank and leading GCC wealth manager, believes that lower YoY provisions will be a key factor behind strong net income growth for Saudi banks in 3Q11.
September 28, 2011
86% of the Arab community in the UAE considers gold to be a safe and/or useful investment option as compared to 88% of non-Arab expatriates.
National Bank of Kuwait has launched the new term of "NBK Academy" for newly hired employees.
Kuwait International Bank today awarded the winners of its recent Ramadan 2011 Facebook competition. Each winner received a 30 KD Visa gift card.
September 27, 2011
Towards the end of 2010, Unicorn Investment Bank submitted a criminal complaint against its former CEO, Majid Al-Refai, to the General Prosecutor of the Kingdom of Bahrain.
MoF will be hosting the 36th meeting of the Gulf Cooperation Council (GCC) Committee for Undersecretaries of Ministries of Finance and Economy in the Emirates Palace Hotel in Abu Dhabi.
The United Arab Emirates has signed an “open” Air Services Agreement (ASA) with Panama in Panama City this 23 September 2011.
Barclays Wealth, a leading global wealth manager, announced the appointment of Rory Gilbert as Managing Director, Head of Middle East and North Africa for International Private Banking.
September 26, 2011
Emirates NBD, a leading bank in the region, announced today the launch of an initiative to provide students about to embark into higher education the chance to be a “banker for a day.”
The National Bank of Abu Dhabi, the Number One Bank in the UAE, has added three new business current accounts exclusively for small and medium-sized enterprise clients.
NCB Capital, Saudi Arabia’s largest investment bank and leading GCC wealth manager, expects the outlook for the Saudi cement industry to remains strong for the remainder of 2011.
Allfunds Bank has chosen the Dubai International Financial Centre (DIFC) for the establishment of its first Representative Office in the Middle East.
Al Ansari Exchange held a blood donation session for its employees, in collaboration with the Blood Donation Centre in Dubai.
Al Hilal Bank, a progressive Islamic bank, has once again made banking history by launching the Middle East’s first-ever bank-installed gold dispensing machine.
QInvest Saudi Arabia, a subsidiary of Qatar’s leading Investment Bank, QInvest, has been granted by The Capital Market Authority (CMA) a license to conduct business in the Kingdom of Saudi Arabia.