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

October 16, 2011

Hisham Hammoud, Chief Operating Officer and Head of Retail of Dubai Bank, collects the award for 'Best Call Centre Performance'
12:47 GMT
(press release)

Dubai Bank announced today that it has won the Ethos Consultancy award for “Best Bank - Call Centre Performance” at the 2011 Bank Benchmark Index Awards.

Mazin Al Nahedh, NBK General Manager- Consumer Banking Group
12:06 GMT

NBK launched the “You Choose, We Finance” campaign that offers its customers the opportunity to easily own the property in UK, USA, France, Lebanon, Egypt, UAE and Jordan.

11:29 GMT
(press release)

Misys, announces the launch of its enterprise market risk solution, Misys Risk.

Wissam Moukahal, Audit Partner at Deloitte Middle East and Mohamed Jamil Berro, CEO of Al Hilal Bank during the signing of the MoU
10:04 GMT
(press release)

Al Hilal Bank has signed a fellowship Memorandum of Understanding (MoU) with Deloitte, the second largest private professional services organisation in the world.

Shaker Zainal, Head of Distribution, Mashreq at the opening
09:50 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions announced the re-opening of renovated branches in Dubai.

Tirad Mahmoud, ADIB's CEO receiving the award from Ethos Consultancy
09:29 GMT
(press release)

Abu Dhabi Islamic Bank was named UAE’s ‘Overall Top Bank in Customer Service’ at the 7th Annual Bank Benchmarking Index for service excellence by Ethos Consultancy.

Bank of London and The Middle East
09:12 GMT
(press release)

Bank of London and The Middle East announced the appointmentof Waleed Al-Omar to its senior management team as Director of the MENA region.

Ms. Dina Shoman, Executive Vice President of Branding at Arab Bank accepting the awards
07:40 GMT
(press release)

Arab Bank was honored at an awards ceremony in Washington DC during the International Monetary Fund (IMF) and the Institute of International Finance (IIF) meetings.

Mazin Saad Al Nahedh, NBK General Manager, Consumer Banking Group
07:28 GMT

National Bank of Kuwait has recently conducted the third and last draw of its summer campaign. Saif Zeraatian has won the third stunning Mercedes SLS AMG Coupe 2011.

October 13, 2011

HE Sheikha Lubna bint Khalid bin Sultan Al Qassimi presenting the Marketing Department of the Year award to Vikram Krishna, Head, Group Marketing, Emirates NBD
12:59 GMT
(press release)

Emirates NBD was named awarded ‘Marketing Department of the Year’ at the eighth annual International Business Awards ceremony, also known as the Stevies from the Greek word for ‘Crowned.’

National Bank of Abu Dhabi
12:19 GMT

The National Bank of Abu Dhabi (NBAD), MasterCard Worldwide and GEMS Education today signed an agreement to introduce a loyalty card exclusively for GEMS parents.

Kevin Gardiner, Head of Europe, Middle East and Africa, Barclays Wealth
10:30 GMT
(press release)

Mr. Olsen, Head of Americas Investment Strategy Hans Olsen, CFA says: “With that pattern as a guide, it appears the next bubble could be forming in the sovereign debt of developed economies.”

Gulf Bank
09:00 GMT
(press release)

Gulf Bank’s senior management team recently held an off-site meeting, to begin the process of defining the Bank’s strategy for the coming four years, through to 2015.

Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank
07:48 GMT
(press release)

Doha Bank has posted a net profit for the 9 months period ending 30 September 2011 of QAR 1.01 billion which represents a significant increase of 13% versus the corresponding period last year.

Chadi N. Moujaes, Partner at Management Consulting Firm Booz & Company
07:30 GMT
(press release)

The private school market is growing rapidly in the countries of the Gulf Cooperation Council (GCC), presenting a significant opportunity for investors and school operators.