Banking & Finance

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Newswire reports suggest that Goldman Sachs’ issue of a five-year $500 million Sukuk was some 3x oversubscribed with orders of around $1.5 billion.
September 18, 2014 - 13:44 GMT
The US investment bank appears to have learned from the fiasco of its first attempt to market a Sukuk in 2011.

August 22, 2011

Presentations were given highlighting the fact that UAE ministries refer to MoF’s official supplier list when selecting required suppliers
10:43 GMT
(press release)

The Ministry of Finance (MoF) recently received a delegation from the Department of Finance (DoF) - Ajman.

Adnan Chilwan, Deputy CEO - Chief of Consumer and Wholesale Banking, Dubai Islamic Bank
10:34 GMT
(press release)

Dubai Islamic Bank announced today the launch of its Auto Finance offer, available for new cars of all brands and models, with profit rates starting from 2.99 per cent p.a.

Saxo Bank
10:17 GMT
(press release)

Saxo Bank reported a net profit of DKK 346 million for the first six months of 2011.

105 participants from colleges and universities across the UAE were honoured at DIB’s Learning and Development Centre during a graduation ceremony
08:59 GMT
(press release)

DIB concluded its annual summer training programme, Iktaseb, which offers professional development opportunities to young UAE nationals aspiring to a career in Islamic banking and finance.

Investbank employees during the event
08:44 GMT
(press release)

INVESTBANK launched its first Ramadan Charity campaign “Al-Khair Packages” in the city of Zarqa.

Abu Dhabi Islamic Bank
07:07 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, today announced that it organized a successful Suhoor for ultra high net worth ladies of Al Ain.

August 21, 2011

National Bank of Kuwait auto campaign
13:14 GMT

The latest in a series of best auto deals, National Bank of Kuwait launched the best auto campaign during the holy month of Ramadan.

Arab Bank
11:01 GMT
(press release)

Arab Bank recently received the Best Consumer Internet Bank in Jordan award from Global Finance for its "Arabi Online" Internet banking service for the third consecutive year.

Philip Ward, Chief Executive Officer of Abu Dhabi Finance
10:27 GMT
(press release)

Abu Dhabi Finance, announced it will offer mortgages for the residential villas which form part of TDIC’s luxurious St. Regis Saadiyat Island Resort development.

During the visit
09:10 GMT
(press release)

Jordan Ahli Bank, recently conducted a visit to the Queen Rania Family and Child Center (QRFCC) at Jabal Al Nasrو which operates under the Jordan River Foundation.

Abdulmohsen Alrushaid, NBK Public Relations Manager
07:54 GMT

National Bank of Kuwait will reward new customers who transfer their student allowances to Al-Shabab account during their university registration period with a chance to win a Mercedes.

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.