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.

April 17, 2011

Fahad Al-Rajaan, Chairman, AUB
14:05 GMT
(press release)

Ahli United Bank (AUB) reported a net profit attributable to its equity shareholders of US$ 77.3 million for the quarter ended 31 March 2011.

Luxury brands from around the world were invited to showcase their exclusive products exclusively to DIB customers
12:14 GMT
(press release)

Dubai Islamic Bank (DIB) recently held an exclusive event for its Private Banking and ultra high net worth Wajaha customers at the Ritz-Carlton, Dubai International Financial Centre.

Fahad Al-Rajaan, Chairman of Ahli United Bank
10:08 GMT
(press release)

Ahli United Bank has announced its Platinum Sponsorship for the Arab Banking Conference which will convene this year in Doha, Qatar on 18 and 19 April 2011.

Mohammed Al Falasi, SVP, Head of Direct Sales Force and Alternative Channels at Emirates NBD
08:52 GMT
(press release)

Emirates NBD, announced today that its pay offices at terminals one, two and three of Dubai International Airport, will now offer payment facilities for selected services.

April 14, 2011

Steen Jakobsen, Chief Economist at Saxo Bank
13:06 GMT
(press release)

Saxo Bank, the online trading and investment specialist, today released its second quarter Outlook , a short analysis examining the global economic outlook for the forthcoming quarter.

Attractive offers for NBAD Cardholders at SAVEX warehouse 2011
08:05 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, is pleased to inform its esteemed cardholders of a promotion that offers them discount up to 70% at SAVEX warehouse 2011.

April 13, 2011

The strategic partnership with Taaleem will encourage and support education at one of the most renowned educational institutes in the UAE
13:46 GMT
(press release)

Abu Dhabi Commercial Bank (ADCB) has recently signed an agreement with Taaleem, a leading education provider, to offer extended payment loans to students.

Jamal Bin Ghalaita, Group Deputy CEO, Emirates NBD
10:51 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today the introduction of new electronic payment solutions to facilitate donations towards relief efforts in crisis-stricken Japan and Egypt.

Fady  Eid, Market Leader Levant at Credit Suisse
06:42 GMT
(press release)

Credit Suisse has appointed Fady Eid as Market Leader Levant for Private Banking Middle East & Indian Subcontinent, effective immediately.

April 12, 2011

Abdulelah AlKindy, General Manager, Retail Banking, Emirates NBD
11:35 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today that it has upgraded its utilities payments service to Dubai Electricity and Water Authority (DEWA) from offline to online.

Thomson Reuters: Middle Eastern M&A based on target nation reached US$4.9 billion in the first quarter, 42% lower than the first quarter of 2010
08:37 GMT

The Middle East saw a big decline in merger and acquisition and equity issuance in the first quarter of the year according to Thomson Reuters investment banking league tables, due to recent unrest.

NBAD's Visa Business Credit Card,  a new initiative to support SMEs
08:22 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has launched NBAD Visa Business Credit Cards, its first credit card exclusively for small- and medium-sized enterprises (SME).

April 11, 2011

Talal Taleb Ali wins AED 75,000 for his education and marriage funds
13:19 GMT
(press release)

First Gulf Bank (FGB) today announced this month’s 43 lucky winners of the “Abu Dhabi Credit Card” draw.

DP World
09:59 GMT

Moody's Investors Service has today upgraded to Baa3 from Ba1 the long-term foreign and domestic currency ratings of DP World Limited.

RAKBANK’s Mobile Banking is available on smartphones as well as conventional mobiles to ensure that all customers can make use of this practical service
09:00 GMT

RAKBANK announced the launch of its Mobile Banking service, an alternative channel that provides customers with the opportunity of conducting banking transactions via their mobile phones.