Banking & Finance

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Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550 billion.
Boeing, a leading aircraft manufacturer, said today that commercial financial institutions in the Middle East are increasingly funding the region’s record number of airplane deliveries.

August 8, 2011

Ajman Bank
11:40 GMT
(press release)

Ajman Bank, today announced its financial results for the second quarter of 2011, demonstrating sustained growth in its core activities.

Al Hilal Bank
09:07 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, announces the launch of a first of its kind instant issuance of Visa Debit Cards to their valuable customers in the UAE.

Participants at Burgan Bank summer training program
07:23 GMT
(press release)

Burgan Bank announced today that it has successfully concluded the two month long summer training program.

August 7, 2011

During the Holy Month of Ramadan, Islamic banks traditionally re-focus on their Corporate Social Responsibility (CSR) programmes and get into the spirit of Ramadan
13:13 GMT

The time of year is fast approaching to give Shari'ah- compliant banks a golden opportunity to demonstrate Islamic values, and consumers the best chance of getting a good deals.

A painting by Farhad Moshiri
12:38 GMT
(press release)

Important works by some of the masters of modern Middle Eastern art will be among the early highlights of this Fall’s Modern and Contemporary Arab, Iranian and Turkish Art sale.

During Jerash Festival
12:32 GMT
(press release)

As part of Société Générale de Banque- Jordanie interest in supporting cultural activities, and as a partner of Jerash Festival, the bank has organized a special sponsorship for the Music Hall concert.

NBK Head Office
12:03 GMT

In its latest report on National Bank of Kuwait, the credit rating agency Moody’s said that NBK’s financial strength rating reflects the bank's dominant position in its domestic market.

The historic 200-year old Kiswah, covering of “Ka’aba”
11:41 GMT
(press release)

Abu Dhabi Islamic Bank, announced today that it had brought a historic 200-year old Kiswah (covering of “Ka’aba”) to the UAE to mark the Holy Month of Ramadan this year.

11:24 GMT
(press release)

Mashreq, announced its support and commitment towards the “Dubai Cares Girls’ Education Campaign 2011” which runs throughout the Holy Month of Ramadan.

Ahmad Abu Eideh, CEO of Standard Chartered Bank and Dima Bibi, Director General of Injaz
11:23 GMT
(press release)

Standard Chartered Bank signed MOU with INJAZ to support Injaz in its mission to enhance the educational environment in al Reeshah region through School Adoption Programme.

11:06 GMT
(press release)

MasterCard on 4 August 2011 announced second quarter 2011 results for the Asia/Pacific, Middle East & Africa (APMEA) region.

Mohamed Aljasim, Chief Investment Officer of CMH
10:39 GMT
(press release)

Capital Management House, today announced that it has made the second distribution of dividends to GCC investors of its aircraft leasing investment fund for the period ending 30 June 2011.

During the seminar
10:15 GMT
(press release)

Masharie, a private equity arm of Dubai Investments, hosted a one-day seminar to facilitate the adoption of green initiatives among its subsidiaries.

Standard Chartered Bank
09:54 GMT
(press release)

A select number of children of Standard Chartered Private Bank’s clients globally and from the MENA region, are spending their summer interacting with senior bank executives.

NBK "Do Good Deeds in Ramadan" campaign
09:13 GMT

National Bank of Kuwait distributes daily Iftar banquets daily during the Holy Month of Ramadan as part of NBK "Do Good Deeds in Ramadan" campaign.