Banking & Finance

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Conversions of conventional banks into Islamic ones are rare but not unprecedented.
October 23, 2014 - 17:41 GMT
The Council of Senior Scholars, said investing in NCB's share offer was not permissible because too much of its business was non-Islamic.

October 10, 2011

During the ceremony
08:14 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, was named ‘Most Improved Bank’ during the ‘2011 Bank Benchmark Index Awards’ organized as part of this year’s ‘UAE Customer Service Week’.

Shri S. M. Krishna, External Affairs Minister of India with Oxford Business Group Executives
07:05 GMT
(press release)

India and the Gulf countries have the opportunity to play a key role in each other’s bid to achieve accelerated economic growth, according to Shri S. M. Krishna, External Affairs Minister of India.

October 9, 2011

The Capital Club
19:17 GMT
(press release)

The Capital Club Dubai and Cass Business School Dubai jointly host a talk titled Investment Lessons from the Financial Crisis…Giving the talk will be Steve Thomas, Professor of Finance at Cass Business School London.

Sohail Sultan, Chief Executive Officer of TAIB Bank and Khalid Hamad, Executive Director of Banking Supervision at the CBB
18:11 GMT
(press release)

The Bahrain Financial Exchange is pleased to announce that TAIB Bank, a rapidly growing regional investment bank, has become a Trading Member of the BFX.

Khalifa Fund for Enterprise Development
16:54 GMT
(press release)

His Highness Sheikh Hamed bin Zayed Al Nahyan highlighted the interest of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, in the human race in the UAE.

Frederic De Melker, Head of Priority Banking, Emirates NBD
16:19 GMT
(press release)

Emirates NBD highlighted today the sustained growth of its operations, which have grown to reach 45 Priority Centres in the UAE, staffed by 120 Relationship Managers.

May AL Mudhaf, Burgan Bank ‘s Chief Treasury & Investment officer with two members of Vienna Boys Choir at the event
16:04 GMT
(press release)

Burgan Bank Private Banking recently held an exclusive event for its clientele at Dar Al-Athar Al-Islamiyya’s Museum in the Americani Cultural Center.

Rohit Walia, Executive Vice Chairman and CEO at the tree planting event
11:53 GMT
(press release)

Alpen Capital along with Bank Sarasin-Alpen celebrated Sustainability Week from 2nd October to 6th October across all locations.

The briefings aimed to provide attendees with an update about new advances and issues related to corporate fraud and bribery, as well as the UK Bribery Act
11:46 GMT
(press release)

Ernst & Young has organized Corporate Fraud & Bribery Update briefings in Abu Dhabi and Dubai, attended by senior corporate officers.

Western Union
11:34 GMT
(press release)

In its ongoing effort to help protect consumers from becoming victims of fraud, Western Union is offering the latest information and tips on common Internet scams.

Dubai Financial Services Authority
10:59 GMT
(press release)

The Dubai Financial Services Authority has fined Arun Panchariya and Satish Panchariya AED 44,000 (USD 12,000) each for failing to disclose material information to the DFSA.

International Bank of Qatar
09:39 GMT
(press release)

IBQ announced that compensation packages for its Qataris staff will be increased in line with the Government’s recent decision to increase salaries of all nationals working for the public sector by 60%.

KALD Chairwomen Amal Al Sayer receives the sponsorship check from NBK CEO Shaikha Al Bahar
06:56 GMT

National Bank of Kuwait (NBK) is sponsoring the International Conference of the Difficulties of Learning Disorders, Hyperactivity & Attention Deficit.

Kuwait Finance House
06:47 GMT
(press release)

Avaya today announced that Kuwait Finance House, one of the leading Islamic banks in the world, has implemented a contact center using Avaya technology.

October 6, 2011

Arun Ratra, Head of Global Markets Groups in GIC, receives the award
11:45 GMT
(press release)

Gulf Investment Corporation, (GIC) was the recipient of the Panel of Judges award for: THE MOST OUTSTANDING SUKUK PRODUCT - SUKUK WAKALAH BI ISTITHMAR - for the year 2011.