Banking & Finance
June 27, 2011
In line with its efforts to support decisions pertaining to the Gulf Common Market, the Ministry of Finance held its third meeting with the UAE team tasked with applying GCM resolutions.
Dubai Islamic Bank (DIB) unveiled today a new opportunity for regional investors to participate in the rapidly growing economy of Asia.
June 26, 2011
National Bank of Kuwait (NBK) has launched yesterday (Sunday) the second session of its 2011 Summer Internship Program.
The US Dollar surged against a basket of currencies towards the end of the week as investors dumped risky assets mainly due to heightened fears emerging from the Eurozone.
Abu Dhabi Islamic Bank was named ‘Best Islamic Bank’ in the Middle East region for the second year running at the Banker Middle East Industry Awards 2011.
Burgan Bank announced that the bank’s Corporate Banking Group has successfully completed a range of finance deals for major projects.
First Gulf Bank, the leading banking partner of choice in the UAE, recently held its half yearly “Abu Dhabi Credit Card” holders draw.
This summer, Emirates NBD is cutting interest rates across the board on all its auto loan categories for purchases of both new and used vehicles.
June 23, 2011
In the second quarter of the year, attention shifted back to the some old lingering problems and risks: the sovereign debt woes in the EU.
The Alpen Capital Group was honoured in the “Best Research” category at the Banker Middle East Industry Awards 2011.
His Excellency AbdulAziz Al Ghurair, CEO of Mashreq received the Outstanding Contribution to the Industry Award from The Banker Middle East Industry awards 2011.
Ernst & Young was named as the ‘Best Accountant – Auditor’ in the Middle East region at the Banker Middle East Industry Awards 2011 ceremony held in Dubai yesterday.
Standard & Poor’s, the international credit rating agency, affirmed yesterday the long term and short term counterparty credit ratings of NBK at A+/A-1, with a Stable outlook.
June 22, 2011
News that the French and German governments were back on speaking terms and almost speaking the same language helped the mood of the markets.
Emirates NBD announced that it has further extended its branch network in the UAE with the opening of a new branch in Dubai’s Muraqqabat area.