Banking & Finance

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CEO of Emirates NBD, Shayne Nelson, said in-market mergers  work better monetarily (File/AFP)
August 26, 2014 - 07:31 GMT
It's getting too crowded in the UAE banking sector with too many lenders competing with one another to please a small population, according to a senior banker.

September 11, 2011

Rashid Saeed Al Rumaihi, Winner of Ghina Savings Account
08:05 GMT
(press release)

ADIB announced today that the grand prize of AED 2 Million at the seventh Ghina Savings Account promotion was won by nine and a half year old Emirati, Rashid Saeed Al Rumaihi.

Shadi Zubeidi, QFIB Managing Director & Head of Corporate Finance
07:41 GMT
(press release)

Qatar First Investment Bank, Qatar’s independent Islamic investment bank, announced its sponsorship of and high-level participation in the MENA Private Equity Business Summit 2011.

Gareth Powell, Head of Human Resources First Gulf Bank
07:05 GMT
(press release)

Gulf Bank, the leading financial partner of choice in the UAE, recently appointed Gareth Powell as its new Head of Human Resources.

06:59 GMT
(press release)

Mashreq announced the appointment of Julio de Quesada as the new Head of the Corporate and Investment Banking Group.

During the conference
06:42 GMT
(press release)

Ras Al Khaimah Investment Authority and the Ras Al Khaimah Department of Economic Development, has officially launched at a press conference, the second edition of the annual Global Arab Business Meeting.

September 8, 2011

National Bank of Abu Dhabi
10:07 GMT

NBAD has awarded a top of the line luxury car to the first winner of the ongoing NBAD MasterCard Credit and Debit Card International Spend Campaign.

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.

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.