Banking & Finance

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A bank assistant counts through money in Lebanon (File/AFP)
July 24, 2014 - 13:29 GMT
U.S. legislation to increase financial sanctions on any organization funding or channeling money to Hezbollah won't have any impact on Lebanon's banking sector, according to a report. A sigh of relief?

August 18, 2011

Saxo Bank
10:18 GMT
(press release)

Saxo Properties has entered into a joint venture with Resolution Real Estate Advisers LLP “Resolution Property”, the pan European real estate fund.

August 17, 2011

Amer Matouk, Head of Consumer Banking - Jordan at Arab Bank with the winner of the Grand Prize Ms. Nada Mohammad Sa’dat Habash
13:49 GMT
(press release)

Arab Bank recently ran the draw for the grand prize winner for its “Shop Smart and Win Big” campaign of a fully-loaded 2011 Mercedes E250 Coupe.

Obaid Humeid Al Tayer, Minister of Finance
12:51 GMT
(press release)

Ministry of Finance (MoF) announced that it will transfer the salaries of all federal government employees to their respective bank accounts tomorrow on August 18, 2011.

NBK’s Iftar tent will be open during this period to host fasters for prayers and meditation and Quran recitation
11:26 GMT

NBK will open its Iftar tent for prayer during the last 10 days of the holy month of Ramadan in observance of Laylat Al Qadr.

Jordan Ahli Bank
10:33 GMT
(press release)

Jordan Ahli Bank recently sponsored the SOS Children’s Village annual celebration in Aqaba, organized to mark the anniversary of the SOS Children’s Village.

Muntaser Dawwas, new CEO of Investbank
10:20 GMT
(press release)

INVESTBANK recently announced the appointment of the banking expert Mr. Muntaser Dawwas as its new CEO.

During the campaign
09:34 GMT
(press release)

Dunia Finance, is calling on members of the community to make a difference this Ramadan through its Iftar meal and daily necessity shoebox appeal and Iftar meal donations.

The Iftar was held to enhance relations between MoF employees and the senior management and to reinforce a sense of team spirit, which is important in raising the overall level of performance among staff
08:31 GMT
(press release)

MoF held an annual Iftar event for its employees and senior management to reflect the spirit of the holy month of Ramadan.

Emirates NBD Executives with two players from UAE Precor
07:08 GMT
(press release)

The biggest banking organization in the Middle East, Emirates NBD signed an agreement to sponsor the UAE’s leading amateur under-16 football team, UAE Precor.

August 16, 2011

NBKA Ramadan offer draw
12:27 GMT
(press release)

NBK Automobiles has announced the first lucky winners of its Ramadan promotion.

National Bank of Kuwait
11:24 GMT

After remaining stable through most of July, oil prices saw a major sell-off in early August as fears over renewed weakness in the global economy gathered momentum.

Commercial Bank International
10:12 GMT
(press release)

CBI Al Ajial (new generation) programme has been developed by the Bank to provide trainees with fundamental principles of banking.

Andalusian villa in Phase III of Bawabat Al Sharq
09:59 GMT

Baniyas Investment and Development Company, rewards customers of the spectacular Andalusian villas in Phase III of Bawabat Al Sharq by offering Gold Bars for every purchase throughout the holy month.

Towers Watson
09:24 GMT
(press release)

Alternative assets managed on behalf of pension funds by the world’s largest managers grew 16% in 2010 to US$952bn (from US$817bn in 2009), according to global research produced by Towers Watson.

Al Ansari Exchange
08:31 GMT
(press release)

Al Ansari Exchange opened its newest branch in Dubai International Airport-Terminal 1 departure area.