Banking & Finance

Featured Story:

Return of Equity (RoE) for Saudi banks is 10 percent whereas U.S. and European counterparts only receive single digit returns (File Archive)
April 14, 2014 - 15:00 GMT
Saudi Arabia's banking sector has outperformed its western counterparts in terms of profitability as well as efficiency in terms of resource utilization.

May 24, 2011

Morten Hofstad, Regional Director Middle East, Africa and India at Luup
11:13 GMT
(press release)

The National Bank of Abu Dhabi (NBAD) has steadily pushed ahead with new services that make a real difference to users.

Executives of Standard Chartered Bank and Hamriya Free Zone Authority
10:28 GMT
(press release)

Standard Chartered Bank, has inaugurated its new Electronic Banking Unit (EBU) at the Hamriya Free Zone in Sharjah.

Ole Sloth Hansen, Senior Commodity Manager at Saxo Bank
09:27 GMT
(press release)

Ole Sloth Hansen, Senior Commodity Manager at Saxo Bank, the online trading and investment specialist, will be visiting Dubai in early June.

Malek Kanawati, CEO of Mubasher Financial Services
08:54 GMT
(press release)

Mubasher Financial Services has announced that HSBC’s Payments and Cash Management team will be implementing its SWIFTnet payment integration services.

Gary Tilkin, President and CEO of GFT and Boris Schlossberg, Director of Currency Research at GFT
08:03 GMT
(press release)

GFT, a global leader in online currency trading and derivatives, announced today that it is increasing its commitment to the Middle East region’s trading and derivatives market with a broad set of initiatives.

Osama Saleh, GAFI Chairman
07:06 GMT
(press release)

The General Authority for Investment and Free Zones (GAFI) on Sunday organized a seminar to launch the "SME's Credit Guarantee Initiative" at GAFI's headquarters in Cairo.

May 23, 2011

Etihad Guest Above Credit Cards offer ADCB customers between one and two Etihad Guest Miles for every dollar spent
14:15 GMT
(press release)

The Etihad Guest Above Credit Card from Abu Dhabi Commercial Bank, has been named Best Co-Branded Card in the Middle East.

Muneera Al-Mukhaizeem, Burgan Bank Chief Retail, Banking Officer GM
10:47 GMT
(press release)

Burgan Bank amongst the leading and the most dynamic bank in the state of Kuwait announced the names of last week’s Yawmi account winners at the bank’s head office.

Abu Dhabi Islamic Bank
10:38 GMT
(press release)

Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, has appointed Stuart Crocker as the Head of Private Banking and Wealth Management.

AFAQ graduates at the graduation ceremony
07:49 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, hosted a special graduation ceremony for its AFAQ Management Trainee Programme at the Bank’s head office in Abu Dhabi.

May 22, 2011

Abdulla Al Najran Al Tuwaijri, NBK Deputy General Manager
13:19 GMT

National Bank of Kuwait (NBK), the best bank in the Middle East, announces the launch of Family Income Protection (FIP) Insurance.

NBAD Platinum MasterCard cardholders will be able to enjoy a great cinema experience at Cine Royal Cinemas
10:14 GMT

NBAD has launched an exciting promotion to offer its esteemed MasterCard credit cardholders “buy one, get one” free ticket to movies every time they use their NBAD MasterCard cards at Cine Royal Cinema.

Derek Weist, Director, Asset Management at BLME
09:53 GMT
(press release)

Bank of London and The Middle East today announced the launch of its Light Industrial Building Fund (LIBF), a Sharia’a compliant UK real estate fund which invests in sustainable property assets.

Yong Wei Lee, Head of MENA Equity Investments, Emirates NBD Asset Management
07:59 GMT
(press release)

Equity markets in the Middle East and North Africa (MENA) region present a sizeable opportunity for investors focusing on the emerging market economies, according to Emirates NBD Asset Management.

May 19, 2011

Ratibi salary card has helped with the Government’s objectives to monitor and regulate workers’ rights
08:43 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, won the Best Pre-Paid Card and the Best Mobile payment Application categories from Smart Card Awards Middle East.