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 11, 2011

George Nasra, Managing Director, IBQ
06:42 GMT
(press release)

IBQ announced today the opening of a new branch at Lagoona, Qatar’s newest retail destination strategically located at the heart of the prime Lusail district.

October 10, 2011

HH Sheikh Mohammed bin Rashid Al Maktoum launches the Second Generation of the E-Dirham and unveils new logo during GITEX
13:50 GMT
(press release)

HH Sheikh Mohammed bin Rashid Al Maktoum launched the second generation of the E-Dirham (G2 E-Dirham) and unveiled the new logo for the system during GITEX Technology Week 2011.

The G2 E-Dirham aims to provide a flexible e-payment system for government bodies in the UAE through offering secure channels to encourage customers to use credit cards and electronic transfers for payments
12:36 GMT
(press release)

Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference.

During the panel discussion
10:55 GMT
(press release)

Mashreq Al Islami, the Islamic banking division of Mashreq announced its role as an Associate Sponsor of the International Summit on Islamic Corporate Finance 2011.

Philipp E. Baertschi, Chief Strategist at Bank Sarasin
10:26 GMT
(press release)

The Global View investment outlook for the fourth quarter of 2011 published by Bank Sarasin sees the global economy on the brink of recession.

Venkat Menon, Burgan Bank’s Chief Operations officer receiving the award
09:30 GMT
(press release)

Burgan Bank announced that it has won the prestigious International Platinum Star for Quality award from Business Directions.

08:42 GMT
(press release)

PwC and INSEAD Abu Dhabi launched a robust survey focused on the private equity industry in the MENA region and issued the findings in a report entitled The Next Five Years, MENA PE.

During the ceremony
08:14 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, was named ‘Most Improved Bank’ during the ‘2011 Bank Benchmark Index Awards’ organized as part of this year’s ‘UAE Customer Service Week’.

Shri S. M. Krishna, External Affairs Minister of India with Oxford Business Group Executives
07:05 GMT
(press release)

India and the Gulf countries have the opportunity to play a key role in each other’s bid to achieve accelerated economic growth, according to Shri S. M. Krishna, External Affairs Minister of India.

October 9, 2011

The Capital Club
19:17 GMT
(press release)

The Capital Club Dubai and Cass Business School Dubai jointly host a talk titled Investment Lessons from the Financial Crisis…Giving the talk will be Steve Thomas, Professor of Finance at Cass Business School London.

Sohail Sultan, Chief Executive Officer of TAIB Bank and Khalid Hamad, Executive Director of Banking Supervision at the CBB
18:11 GMT
(press release)

The Bahrain Financial Exchange is pleased to announce that TAIB Bank, a rapidly growing regional investment bank, has become a Trading Member of the BFX.

Khalifa Fund for Enterprise Development
16:54 GMT
(press release)

His Highness Sheikh Hamed bin Zayed Al Nahyan highlighted the interest of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, in the human race in the UAE.

Frederic De Melker, Head of Priority Banking, Emirates NBD
16:19 GMT
(press release)

Emirates NBD highlighted today the sustained growth of its operations, which have grown to reach 45 Priority Centres in the UAE, staffed by 120 Relationship Managers.

May AL Mudhaf, Burgan Bank ‘s Chief Treasury & Investment officer with two members of Vienna Boys Choir at the event
16:04 GMT
(press release)

Burgan Bank Private Banking recently held an exclusive event for its clientele at Dar Al-Athar Al-Islamiyya’s Museum in the Americani Cultural Center.

Rohit Walia, Executive Vice Chairman and CEO at the tree planting event
11:53 GMT
(press release)

Alpen Capital along with Bank Sarasin-Alpen celebrated Sustainability Week from 2nd October to 6th October across all locations.