Banking & Finance

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Since 2001, S&P has only seen 20 international sukuk from issuers outside of Malaysia or the GCC (File Archive/Shutterstock)
April 21, 2014 - 13:00 GMT
Islamic finance is increasingly labeled as the future of finance, but the sukuk market largely remains outside of mainstream markets globally.

May 17, 2011

During the signing
07:38 GMT
(press release)

The Abu Dhabi Securities Exchange and Tasweek have concluded a Registrar Agreement at the ADX Headquarters.

During the press conference
06:43 GMT
(press release)

Khalifa Fund in collaboration with INJAZ-UAE has launched a three-year partnership to implement a series of entrepreneurial programs.

May 16, 2011

C3 Card Executives
12:49 GMT
(press release)

C3 Card is proud to announce its new partnerships with Carrefour, InterContinental Hotels Group, Emrill, BAM Higgs and Hills, Deniba International Exchange.

Gary Dugan, Chief Investment Officer, Private Banking, Emirates NBD
12:30 GMT
(press release)

Emirates NBD announced today that the Private Banking Division is the official banking partner of the Russian Business Council.

The fund is managed and designed to fully capture the upside potential of markets and their directional sector specific moves
08:18 GMT
(press release)

Gulfmena announced the launch of the “Gulfmena Access Fund”. The Luxembourg-regulated fund will focus on capturing excess returns in MENA equity markets relative to the S&P Pan Arab Composite Index.

May 15, 2011

Gary Dugan, Chief Investment Officer, Private Banking, Emirates NBD
12:18 GMT
(press release)

On our watch list of potential big problems is the Euro zone. Nothing we saw last week reduced the risk of a possible blow up due to the current problems of Portugal and Greece.

Arab Bank's green initiatives take into account the rationalizing of light and power usage throughout the Bank’s premises through turning off non-essential lighting
09:06 GMT
(press release)

The Arab Bank has decided to start implementing several green initiatives aiming to minimize energy consumption thereby reducing the Bank’s carbon footprint and cutting utilities expenses.

Khater Massaad, CEO, RAKIA
08:13 GMT
(press release)

Ras Al Khaimah Investment Authority has revealed that it has issued 491 new licenses in the first four months of 2011.

Hills Abu Dhabi’ is being marketed by Green Emirates Properties and is a haven of 147 luxury villas
08:05 GMT
(press release)

Abu Dhabi Finance announced it will offer mortgages for the exclusive ‘Hills Abu Dhabi’ development with rates starting from 5.75 per cent.

May 12, 2011

Gulf Finance House executives and staff
13:44 GMT
(press release)

Gulf Finance House staff members celebrated UAE day with the rest of the Kingdom of Bahrain.

Mashreq and Bank of China during the signing
12:03 GMT
(press release)

Mashreq, one of the UAE’s leading financial institutions, announced its partnership with Bank of China to establish a ‘China Desk’ in the UAE.

Adrian Goh and NBAD executives during the award ceremony
09:32 GMT

The National Bank of Abu Dhabi’s (NBAD) Adrian Goh has been named Learner of the Year by the Institute of Leadership & Management.

Gholam Souri, Futurebank CEO and Managing Director
08:11 GMT
(press release)

Bahrain-based Futurebank has announced a net profit of BD3.43million for the First Quarter 2011 marking an increase of 30.2% as compared to the same period last year (2010 – BD2.63 million).

George Nasra, Managing Director at IBQ; Aisha Alfardan, Vice Chairperson of the Qatar Businesswomen Association; and Raed Chehaib, CEO of Interactive Business Network
07:39 GMT
(press release)

IBQ announced today its sponsorship of the Second Qatar International Business Women Forum

The subscription through the banks’ electronic channels (ATM, Phone Banking and the Internet) represented 94%
07:20 GMT
(press release)

AlBilad Investment Company has announced the successful closing of SITC’s IPO and revealed the allocation of shares for all the subscribers according to the IPO final results.