Banking & Finance
January 14, 2015
The collection of $1.5bn through the issuance of international bonds is expected by April.
January 13, 2015
QNB Group continued to record robust growth in profitability, with Net Profit for 2014 amounting to QR10.5 billion (USD2.9 billion), up by 10.3% compared to 2013.
Doha Bank organized a SME customer meet related to the projects financed under AL Dhameen Guarantee program of Qatar Development Bank. (QDB)
International Bank of Qatar, (ibq), has won Banker Middle East’s award, for “Best Retail Customer Service” in Qatar within the Banking Products Awards 2014.
The National Bank of Abu Dhabi (NBAD) has appointed Wynce Low as Executive Director, Head of Debt Origination & Distribution South East Asia.
January 12, 2015
Dubai World has reached formal agreement with a substantial majority of creditors on its proposal to amend and extend the terms of its outstanding debt totalling $14.6 billion.
Gulf Bank announced Mrs. Madiha Abdulla Bouftainas the 2014 Al Danah Millionaire at the climax of an evening of festivity, marked with excitement and anticipation.
Mashreq, today announced the launch of the Mashreq sMiles Credit Card – the first miles card in the UAE that allows customers to fly for free, instantly, with over 300 airlines including all domestic carriers of the UAE.
The National Bank of Abu Dhabi (NBAD) has appointed Omar Mehanna as Managing Director and Global Head of Merchant Banking.
January 9, 2015
Annual urban inflation has hiked to register 9.8% in December, up from 8.5% in November.
Abu Dhabi’s new financial free zone plans to base its rules on English common law, in a decision that could reduce costs and help the emirate develop stronger banking and securities market ties with neighboring Dubai.
January 8, 2015
Several companies in the United Arab Emirates have decided to hold off on initial public offers of shares because of the weakness of stock markets.
January 7, 2015
The size of expatriate remittances worldwide is about $80bn annually, according to the Director of the Migration and Remittances Unit at the World Bank (WB), Dilip Ratha
Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, has announced that it has donated AED 1 million to support the ‘Show Compassion’ campaign.
FGB, one of the leading banks in the UAE, finished 2014 with double honors from industry publication Cash Management Matters (CMM).