Banking & Finance

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Islamic lenders Masraf al Rayan and Qatar Islamic Bank were the main reasons for the index's increase (File/AFP)
April 17, 2014 - 17:07 GMT
Qatar's main index rose 1.1 percent, making it the highest close since June 2008.

April 28, 2011

Mashreq announced that its total assets remained flat at AED 84.8 billion compared with 31st December 2010
08:00 GMT
(press release)

Mashreq reported a 6% increase in its net profit in Q1 2011 to AED 265.3 million compared to AED 250.8 million for the same period in 2010, on operating income of AED 1.1 billion.

During the ceremony
07:35 GMT

The National of Abu Dhabi (NBAD), the Number One Bank in the UAE, has received several ISO certifications for different departments, which affirms the Bank’s ongoing commitment to excellence.

April 27, 2011

Consultations for the bank’s employees were held at Al Saleh building from April 18 – 21, providing a variety of free check-ups
12:55 GMT
(press release)

Gulf Bank held its first "Health Week" for the bank’s employees.

First Gulf Bank team during the Employment Expo
08:57 GMT
(press release)

First Gulf Bank (FGB) launched a new project for Emirati Youth in collaboration with Tawteen, the major strategic initiative of the Emirates Foundation, at the Employment Expo.

Hany Samir, Head of Custody at NBAD
07:27 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, co-sponsored and contributed to the success of the Middle East Securities Forum 2011 held recently in Muscat, Oman.

April 26, 2011

Dr. Yahya Alyahya, GIB’s Chief Executive Officer
14:23 GMT

New York-based Global Finance magazine has recently selected Gulf International Bank (GIB) as the “Best Investment Bank in Bahrain” for the year 2011.

ADIB’s CEO, Tirad Mahmoud
14:19 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB) posted a net profit of AED 303.2 million for Q1 2011, an increase of 3.4% over the same period in 2010.

CEO of Gulf Bank and KBC Cup Chairman handing the victory trophy to the Gulf Bank team
08:20 GMT
(press release)

Gulf Bank celebrated its success at the KBC Cup final on Saturday 23rd April following the match against National Bank of Kuwait (NBK) with an impressive 2 – 0 score.

Results reflect strong performance in core business and robust asset and liability management
07:40 GMT
(press release)

National Bank of Fujairah PSC (NBF) is pleased to announce its results for the three month period ended 31 March 2011.

April 25, 2011

Andre Sayegh, CEO of First Gulf Bank
13:05 GMT
(press release)

First Gulf Bank started the year 2011 with a solid financial performance, recording a net profit of AED 875 million in the first quarter (Q1) of 2011.

The evening focused on rewarding outstanding achievements of employees and departments
12:12 GMT
(press release)

Dubai Islamic Bank recently marked its 36th anniversary with a celebratory event for its employees.

R. Sivaram, Head of Cards Business, Emirates NBD
10:11 GMT
(press release)

Emirates NBD announced today the launch of DoubleSecure, a new service designed to enhance the security of existing Emirates NBD Credit and Debit Cards.

Haleema Ebrahim with IIB Chief Financial Officer and Head of Human Resources
09:36 GMT
(press release)

International Investment Bank announced that employee Haleema Ebrahim, a Finance and Treasury Associate at IIB, has become a Certified Management Accountant (CMA).

April 24, 2011

Karim El Solh, Co-Founder and CEO of Gulf Capital
15:35 GMT
(press release)

New operating improvement firm, ExcellenceO2, will consult exclusively for Gulf Capital portfolio companies in a regional first.

This year’s festival will see DIB provide customers with many value-packed promotional campaigns
07:29 GMT
(press release)

Dubai Islamic Bank (DIB) kicked off a season of promotions and prizes with the launch of the Al Islami Festival.