Banking & Finance
June 23, 2011
The Alpen Capital Group was honoured in the “Best Research” category at the Banker Middle East Industry Awards 2011.
His Excellency AbdulAziz Al Ghurair, CEO of Mashreq received the Outstanding Contribution to the Industry Award from The Banker Middle East Industry awards 2011.
Ernst & Young was named as the ‘Best Accountant – Auditor’ in the Middle East region at the Banker Middle East Industry Awards 2011 ceremony held in Dubai yesterday.
Standard & Poor’s, the international credit rating agency, affirmed yesterday the long term and short term counterparty credit ratings of NBK at A+/A-1, with a Stable outlook.
June 22, 2011
News that the French and German governments were back on speaking terms and almost speaking the same language helped the mood of the markets.
Emirates NBD announced that it has further extended its branch network in the UAE with the opening of a new branch in Dubai’s Muraqqabat area.
The Emirati-Swiss Friendship Forum was established on 7 November 2010 to deepen the relations between the two countries.
Moody’s Investors Service today affirmed NBK “Stable” outlook. Moody’s also assigned NBK a standalone Bank Financial Strength Rating (BFSR) of “C.
The Board of Directors of First Gulf Bank held a meeting at FGB headquarters and discussed the foreign ownership limit of the bank.
June 21, 2011
The National Bank of Abu Dhabi Academy and Zayed University have extended their partnership to offer a programme leading to Master of Science in Finance.
Kuwait International Bank inaugurated its latest branch at The Avenues shopping mall as part of its expansion programme to extend its reach across the State of Kuwait.
The Ministry of Finance launched a campaign at its office in Dubai in partnership with the Dubai Electricity & Water Authority.
The Islamic finance industry is currently valued at AED3.65 trillion worldwide, of which AED717 billion is invested in the Middle East.
Ministry of Finance signed MoU with the Abu Dhabi Fund for Development to enhance joint cooperation efforts between both parties.
The Islamic Development Bank is making preparations for its 36th annual Governors Meeting to be held under the patronage of King Abdullah bin Abdulaziz.