Banking & Finance
October 8, 2014
Goldman Sachs has been ordered to pay the Libyan Investment Authority (LIA) 200,000 pounds ($321,820) in legal costs as part of a lawsuit brought by the fund over $1 billion in trades that ended up worthless.
The National Bank of Abu Dhabi (NBAD) presented a 2014 Mercedes- Benz GL-Class luxury car to Mr. Karol Piotr Ozimski, the winner of this year’s NBAD MasterCard International Spend Campaign.
Mashreq announced the opening of its latest branch located in Sharjah City Center, offering Evening Banking experience to customers for the first time in Sharjah.
Al Hilal Bank, the progressive Islamic bank, has announced that it has been selected as a World Economic Forum (WEF) Global Growth Company (GGC) for 2014.
UAE Exchange Smart Pay organised the HR Summit 2014 recently in Dubai.
Abu Dhabi Commercial Bank (“ADCB”) has received the accolade of ‘Best Cash Management Bank in the UAE’ from Euromoney for the 2nd time in a row , the leading international finance magazine.
October 7, 2014
Experts from the European Commission hailed Dubai Customs exerted efforts in the field of intellectual property rights protection, as well as the department’s progressive development of systems and programs geared toward combating the smuggling and trafficking of counterfeit products.
Abu Dhabi Islamic Bank convened a high-level workshop in the United Arab Emirates last week to discuss the current status of the Islamic finance industry and how innovation can sustain its rapid growth.
October 2, 2014
The DFM looks particularly overbought as one of the best performing stock markets in the world, up 50 per cent year-to-date, and could well be heading for a fall.
The new 2022 payment will also be augmented in a number of ways aimed at persuading creditors to grant more time, according to reports.
October 1, 2014
The Western Union Company announced that it has gone live with automated self-service kiosks in the UAE that allow customers to pay bills and send money to friends and family anywhere in the world via easy-to-use touch screen terminals on a 24x7 basis.
Doha Bank, the leading private commercial bank in Qatar, announced today opening of its first Electronic Banking Branch in Dubai.
September 30, 2014
Markets are looking ahead to Fitch's announcement of Turkey's credit rating and economic outlook, which is due on Friday.
Gold fell on Monday as downward pressure from a strong dollar outweighed support from unrest in Hong Kong.
FGB, one of the leading banks in the UAE, was recognised as an employer of choice in the UAE by the GCC Best Employer Brand Awards 2014.