Banking & Finance

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Saudi's Tadawul is currently dominated by local retail investors, but opening up to the international market will broaden horizons (File/AFP)
July 24, 2014 - 13:07 GMT
Saudi Arabia's decision to open its stock market to the outside world was a good choice and already garnered strong support across the MENA region.

July 18, 2011

Nabil AlHoshan, CEO of Bank Aljazira
07:26 GMT

Bank AlJazira announces the interim financial results for the period ended 30/06/2011.

Burgan Bank’s Value Account presents a range of features that are unique to the Kuwaiti market
06:00 GMT
(press release)

Burgan Bank today announced Mr. Roushid Jamil Roushdi Mekhaeel as the winner of the Burgan Value Account draw. The lucky winner took home cash prize equivalent to 4000KD.

July 17, 2011

Khalfan Al Kaabi receives the golden football
10:19 GMT
(press release)

Abu Dhabi Islamic Bank, announced that Khalfan Al Kaabi, an ADIB VISA Football Covered Card customer, won the “Golden Football” that was the grand prize of the bank’s football promotion.

Arab Bank's employees strolling through Sport City’s nature track
08:48 GMT
(press release)

Arab Bank recently organized a family walk event under its sustainability program, Together, for employees, families and friends at Al Hussein Sports City.

Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs
08:36 GMT
(press release)

The Ministry of Finance has published its annual statistical report for the year 2010 pertaining to the Gulf Common Market.

Altissimo Restaurant
07:57 GMT
(press release)

Burgan Bank announced that it has entered into a partnership with Altissimo, to offer both Burgan Bank’s Platinum credit card and Premier debit card holders an enticing discount at the restaurant.

During the honoring ceremony
07:10 GMT

National Bank of Kuwait honored the children of staff who achieved excellence in education, in recognition of their hard work and efforts. The honoring ceremony was held at Sheraton Hotel-Kuwait.

July 14, 2011

Abdulla Al Najran Al Tuwaijri, NBK Deputy General Manager- Consumer Banking Group
12:35 GMT

National Bank of Kuwait - Lebanon announces it will provide housing loans at a very attractive rate to non-resident Lebanese citizens working and residing in Kuwait.

Ayadi’s July monthly draw winners
10:29 GMT
(press release)

First prize winner of the Ayadi July monthly draw will be spending a portion of his cash award to sponsor a child’s education in his home country.

Steen Jakobsen, Chief Economist at Saxo Bank
08:45 GMT
(press release)

A crisis 2.0 could be what is needed to create both the economic and political platform that will solve Europe’s problems

July 13, 2011

Progressive Islamic bank encourages school students to visit libraries and learn more about Emirati culture
13:51 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, highlighted the importance of reading and cultural awareness during a recent visit to Halimah School, Abu Dhabi.

Barclays Capital
13:41 GMT
(press release)

Barclays Capital announced today that it has been named the “Best Investment Bank in the Middle East and North Africa” region by Banker Middle East.

Jordan Investment Board headquarters
13:31 GMT

Volume of total investments registered in the kingdom reached approximately JD1.1 billion in the first half of this year, of which JD614 million were registered through Jordan Investment Board.

Fahad Al-Rajaan, Chairman, Ahli United Bank
13:18 GMT
(press release)

Ahli United Bank reported a net profit attributable to its equity shareholders of US$ 161.7 million for the half year ended 30 June 2011, a 19.0% increase over the same period in 2010.

Mohamed Al Bader, Senior Financial Analyst at Masdar Capital, during the press conference
12:59 GMT
(press release)

Masdar Capital said it is growing into one of the leading players in the global clean technology investment space, deploying funds globally and building a diverse international portfolio.