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.
October 21, 2014 - 04:55 GMT
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.

July 24, 2011

Standard & Poor's
10:24 GMT

Saudi commercial banks continue to rank among the world's most profitable banks, said Standard & Poor's Ratings Services in a report.

The bank has created special Ramadan collateral that include themed Imsakiyas to remind people of prayer timings
09:53 GMT
(press release)

Burgan Bank announced that it is gearing up its preparations to welcome visitors of the Grand Mosque during the Holy month of Ramadan.

NBK management in a group photo with AUB High Fliers
08:43 GMT

National Bank of Kuwait celebrated the graduation of the second group of participants in the prestigious High Fliers leadership program.

Manal Al Mattar, NBK Executive Manager Public Relations & Advertising
07:54 GMT

National Bank of Kuwait will launch a series of activities and events aimed at encouraging community engagement and solidarity and charity in Kuwait.

Arab Bank employees in Ajloun
07:23 GMT
(press release)

Arab Bank employees volunteered their time and efforts to support local community projects in Ajloun recently.

July 21, 2011

Al Hilal Bank
13:25 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, has launched a three-month wellness program for its senior employees in consultation with certified and celebrity nutritionist Nadine Halabi.

J.P. Morgan
11:32 GMT
(press release)

J.P. Morgan continues its India offshore build out, and is pleased to have Kirit, Nisar and Deepak join their team.

Standard & Poor's
08:14 GMT

Standard & Poor's Ratings Services affirmed its 'A/A-1' long-term and short-term local and foreign currency ratings on the Sultanate of Oman.

Nasser Alsowaidi, Chairman of NBAD
07:05 GMT

The National Bank of Abu Dhabi increased its net profits 2.5% to AED 1,026 million for the second quarter of 2011 compared with AED 1,001 million earned in the second quarter of 2010.

July 20, 2011

Investbank
13:24 GMT
(press release)

Investbank announced the recent adoption and successful implementation of Oracle’s Flexcube system in Arabic.

Bashir Jaber- Burgan Bank Acting Chief Marketing Officer
12:53 GMT
(press release)

Burgan Bank has organized a range of special activities that are set to take place throughout the Holy Month of Ramadan.

Syed Hammad Haidar, General Manager - Retail Products and New Business, Standard Chartered UAE
12:08 GMT
(press release)

Standard Chartered announced today the launch of its latest value-added promotion on Home Loans.

Riadh Boukhris, President, Altitude Software MENA
08:27 GMT

National Bank of Oman, the first local bank in the Sultanate of Oman, has extended its contact centre operations to handle the fast-paced growth of its telebanking operations.

July 19, 2011

Crédit Agricole Egypt
14:00 GMT
(press release)

Crédit Agricole Egypt has announced the launch of the latest edition to its electronic banking services the SMS alert service.

Abdulla Ali Al Hamli, Chairman of Tamweel
13:34 GMT
(press release)

Tamweel, announced today its financial results for the six months ending June 30, 2011.