Banking & Finance

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 This time round, in contrast to previous bouts of weakness in the shekel in recent times, it looks as though the trend is here to stay for a while.
Today
"The economy is slowing down sharply," Carmeli warns, "and when you combine this with the fact that Israel is part of the global picture, it's likely that the shekel will continue to weaken."

September 13, 2011

Saxo Bank
10:41 GMT
(press release)

Saxo Bank, the specialist in online trading and investment, today announced that the new USDCNH currency cross is now available on its trading platforms.

Adnan Chilwan, Deputy CEO, Chief of Consumer and Wholesale Banking, Dubai Islamic Bank
10:30 GMT
(press release)

Dubai Islamic Bank and Dubai eGovernment announced today they have partnered to offer customers an easy online payment experience.

Waleed Saeed Al Awadi, Head of Branches and Royal Banking, Deputy Chief Marketing Officer and Rashid Khalifa Bin Fatise Al Mutiwei, The Winner's Father
10:24 GMT
(press release)

A one-year-old Emirati boy was today announced as the September winner of the Dubai Bank Kunooz Savings Account draw.

Burgan Bank has introduced new changes to its new Yawmi account
08:47 GMT
(press release)

Burgan Bank announced the re-launch of its popular Yawmi account, with new key features that aim to provide customers more benefits, and an excellent opportunity to become daily winners of KD 5,000.

HE Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs
06:31 GMT
(press release)

Minister of State for Financial Affairs headed the UAE’s delegation in its participation in the G8 and Turkey Finance Ministers Meeting held in Marseille, France from 10-11 September, 2011.

September 12, 2011

Arab Bank
14:06 GMT
(press release)

As part of Arab Bank’s commitment towards the local community, the Bank supported the Traffic Department’s "Madrasati Farhati" campaign, (My School, My Joy).

Ehab Anis Hassan, the Group Chief Human Resources Officer of NBAD
10:15 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, has initiated three new programmes that significantly expand the Bank’s Emiratisation strategies.

The Chartered Institute of Management Accountants
08:58 GMT
(press release)

CIMA, in partnership with PwC’s Academy in the Middle East, has launched a specialised Diploma in Performance Management for finance and accounting professionals in the UAE.

September 11, 2011

NCB Capital
12:48 GMT
(press release)

NCB Capital has been crowned winner of “Best Islamic Asset Management Company in the Middle East” Award 2011by Islamic Finance News.

The thumb verification technology uses bio-metric information that is stored in a centralized, maximum-security database
09:21 GMT
(press release)

Al Hilal Bank has announced that it has recently launched a groundbreaking thumb verification system.

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.

Mashreq
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.