Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

November 10, 2011

Presenting the cheque
10:23 GMT
(press release)

First Gulf Bank FGB, the leading financial partner of choice in the UAE, sponsored the Pilots Football Charity Match.

November 9, 2011

Ramzy Al Amary Vice President, Member Relations, MasterCard, Abdullah Al Hosani, Head of Branches- NBAD, Mrs. Jami Linn Sefiane Winner of Mercedes-Benz S300 2011, Eyad Al-Kourdi Vice President & Country Manager, MasterCard, and Navneet Dave, the Head of NBAD Cards
11:55 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, has awarded a top of the line luxury car to the second winner of the NBAD MasterCard Credit and Debit Card International Spend Campaign.

Brian Shegar, General Manager, Singapore, and Head of Asia Pacific, Emirates NBD receiving award for Best Private Bank
07:47 GMT
(press release)

The Private Banking division of Emirates NBD, announced that it has been named the “Outstanding Private Bank in the Middle East” at this year’s Private Banker International PBI Global Wealth Awards.

November 3, 2011

Dubai Investments
13:08 GMT
(press release)

Dubai Investments, DI, the largest investment company listed on the Dubai Financial Market, today announced its financial results for the nine month period ended 30 September 2011.

Credit Suisse
11:35 GMT
(press release)

Credit Suisse’s second annual MENA Conference commenced in Beirut bringing together speakers from over 40 corporates across the region.

BFC Group Holdings
08:52 GMT
(press release)

Bahrain Financing Company (BFC) announced the commencement of its all-new Bicycle Bonanza campaign

06:19 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced exciting ‘Mashreq Privileges’ offering on the occasion of Eid Al Adha.

November 2, 2011

Kuwait International Arrival
11:38 GMT
(press release)

HSBC Kuwait today launched the roll-out of the Bank’s new long term global trade campaign in the Middle East.

NBAD 1st Neighbourhood Branch in Dubai's Meadows
10:41 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, has opened a new state-of-the-art branch in Dubai’s upscale Meadows neighbourhood.

09:27 GMT
(press release)

Dubai Airports, Dubai Duty Free and MasterCard Worldwide today announced the launch of DXB Connect, the world’s first airport prepaid MasterCard card aimed primarily at airport clientele.

06:54 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the launching of a dedicated SME Contact Centre.

Al Ansari Exchange
06:35 GMT
(press release)

Al Ansari Exchange has launched its new winter season mega promotion, ‘Al Ansari Rewards – Winter Promotion 2011,’ which is set to raffle off 10 new Mazda 3 models and AED 1 million to 100 lucky winners.

November 1, 2011

Ajman Bank
13:12 GMT
(press release)

Ajman Bank announced today its financial results for the three months ending September 30, 2011, demonstrating continued positive momentum.

Philip King, Head of Retail Banking at IBQ
12:33 GMT
(press release)

All Qataris can now enjoy a one-year long holiday from loan instalments with IBQ’s innovative and Qatar’s first deferred loan instalments programme.

Director General of Abu Dhabi Chamber of Commerce and Industry and NBAD's officials launching the new business banking centre in Abu Dhabi
10:46 GMT

The National Bank of Abu Dhabi expanded its exclusive services for small- and medium-sized enterprises in the capital by opening a Business Banking Centre in one of Abu Dhabi’s major main roads.