Banking & Finance

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CEO of Emirates NBD, Shayne Nelson, said in-market mergers  work better monetarily (File/AFP)
August 26, 2014 - 07:31 GMT
It's getting too crowded in the UAE banking sector with too many lenders competing with one another to please a small population, according to a senior banker.

July 31, 2011

Mohammed Ibrahim Al Shaibani, Director-General of His Highness The Ruler’s Court of Dubai and Chairman of DIB
06:58 GMT
(press release)

Dubai Islamic Bank announced its financial results for the first half of the year ending June 30, 2011, demonstrating continued strong growth in the bank’s core operations.

Bank of Sharjah
06:51 GMT
(press release)

Bank of Sharjah today announced its financial results for the six months ending June 30, 2011, demonstrating the bank’s underlying strength and prudent business model.

George Gregan, former Australia captain, is rugby union’s world record holder for appearances at an international level
06:34 GMT
(press release)

HSBC has signed up two of world rugby’s most famous sons as its Middle East rugby ambassadors for 2011.

July 28, 2011

NCB Capital
10:37 GMT
(press release)

NCB Capital, issued a new report analysing the consolidation outlook for specific sectors in Saudi Arabia and the likelihood of Saudi companies consolidating domestically and internationally.

Ahmed Al Naqbi, Head of Direct Banking & E-Development at NBAD
10:14 GMT

The National Bank of Abu Dhabi, has launched NBAD Mobile Application, the first mobile banking service to avail full banking services including international remittances.

Brady W. Dougan, Credit Suisse CEO
09:33 GMT
(press release)

Credit Suisse Group reported underlying pre-tax income of CHF 1.2 billion, underlying net income of CHF 835 million and an underlying return on equity of 10% for 2Q11.

Al Hilal Bank
09:28 GMT
(press release)

Al Hilal Bank has announced that it will offer a payment deferment scheme for its customers during the upcoming Holy Month of Ramadan.

"Summer in My Country" program
08:23 GMT
(press release)

ADIB announced today that its Children’s Banking mascot, the Darhoom, participated in ‘Summer in My Country’ program in Umm Al Quwain.

Abdulmohsen Alrushaid, NBK Public Relations Manager
07:39 GMT

National Bank of Kuwait will dedicate fast-breaking banquets during the holy month of Ramadan, to victims of the crushing drought and famine affecting more than 3.7 million Somalis in East Africa.

07:08 GMT
(press release)

Tamkeen’s Enterprise Development Support Agency recently reached a significant milestone, having served more than 750 enterprises.

The outstanding students with Minister of Education and Higher Education Mr. Ahmed Abdelmohsin Al Mulaifi & NBK's Vice Chairman and Chairman of the Bank & Community Committee, Nasser Musaed Al Sayer
06:50 GMT

National Bank of Kuwait (NBK) has honored outstanding high school graduates in a ceremony held recently at Regency Palace, as part of NBK’s corporate social responsibility program.

The delegation was received by Tarek Akel, the CEO of Al Rajhi Bank in Jordan, together with several members of the Bank's senior management
06:49 GMT
(press release)

Al Rajhi Bank received on Wednesday, July 27th a delegation of representatives from various local media at its main branch in Shmeisani.

July 27, 2011

Commercial Bank of Qatar
13:44 GMT
(press release)

Commercial Bank of Qatar announces its financial results for the half-year ended 30 June 2011.

Bank of Sharjah
13:21 GMT
(press release)

Bank of Sharjah announced that it has signed a USD 135 million (AED 500 million equivalent) club term loan facility with four Mandated Lead Arrangers.

Qatar Financial Centre
10:49 GMT
(press release)

Dun & Bradstreet South Asia Middle East in association with Qatar Financial Centre Authority has released the D&B Business Optimism Index for Qatar for Q3 2011.