Banking & Finance

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Since August 5, conditions in the market have made it less worthwhile to hold shekels, because the Israeli banks were willing to pay almost 1% annual interest on dollar deposits.
August 21, 2014 - 13:20 GMT
After the cannons have stopped roaring and an arrangement between Israel and Hamas is emerging, the shekel is suddenly showing weakness.

June 20, 2011

Kuwait University graduates
14:03 GMT

National Bank of Kuwait (NBK) sponsored the graduation ceremony of Kuwait University’s Allied Health Sciences College for the year 2011.

Emirates NBD
13:19 GMT
(press release)

Primarily as a consequence of the ongoing Eurozone crisis, the outlook for the precious metals market remains extremely bullish, according to the Head of Precious Metals at Emirates NBD.

Muneera Al-Mukhaizeem, Burgan Bank Chief Retail Banking Officer
11:26 GMT
(press release)

Burgan Bank amongst the leading and the most dynamic bank in the state of Kuwait announced the names of last week’s Yawmi account winners at the bank’s head office.

Group photo during the signing ceremony
07:11 GMT

The National Bank of Abu Dhabi, has signed a Memorandum of Understandingwith Ras Al Khaimah Free Trade Zone to further expand and reinforce NBAD’s services to Small and Medium Sized Enterprises.

June 19, 2011

Vince Cook, CEO of NBF with representatives from partner banks announcing USD 235 million club loan facility for NBF in Dubai
13:40 GMT
(press release)

The National Bank of Fujairah has signed a USD 235 million club loan with a consortium of multinational banks.

Investbank new building
13:23 GMT
(press release)

Investbank recently moved their headquarter offices and Shmeisani branch to a new location in the Shmeisani area.

Manal Al Mattar, NBK Executive Manager, Public Relations & Advertising Department
09:04 GMT

The luxury Mercedes SLS AMG Coupe showcased by NBK for audience as of the three prizes to be awarded to NBK credit card holders attracted an unexpected and huge attention by the crowds of the Avenues.

Simon Nelson, Vice President, Card Sales and Client Development, American Express MENA
08:48 GMT
(press release)

American Express Middle East and North Africa announced that it has appointed Simon Nelson as Vice President, Card Sales and Client Development.

Issa Khoury, on behalf of the General Manager, Jordan Ahli Bank and Ibrahim Al-Thaher, General Manager of Jordan Mortgage Refinance Company shaking hands during the agreement signing
07:13 GMT
(press release)

Jordan Ahli Bank, signed an agreement with Jordan Mortgage Refinance Company by which Jordan Ahli Bank is to handle all the Company's bond issuing inside Jordan.

June 16, 2011

NCB Capital
14:06 GMT
(press release)

NCB Capital said in a new report issued today that a positive outlook driven by strong prices and demand coupled with attractive valuation will benefit SABIC.

12:56 GMT
(press release)

Three of MasterCard Worldwide’s key institutions in the Middle East walked away with awards at the 2011 Smart Card Awards Middle East.

Mashreq’s booth at the event that was held in Semiramis Intercontinental Hotel
12:39 GMT
(press release)

Mashreq Egypt sponsored the Egyptian Junior Business Association B2B Conference and Exhibition in Cairo which was held on the 14th of June.

During Investbank's meeting
10:52 GMT
(press release)

INVESTBANK’s General Assembly held its extraordinary meeting at King Hussein Club in the presence of the Chairman of the Board.

Mohammed Al Marri, Assistant Executive Director for Financial Affairs, MRHE and Jamal Bin Ghalaita, Group Deputy Chief Executive Officer, Emirates NBD, shaking hands after the signing
07:58 GMT
(press release)

Mohammed Bin Rashid Housing Establishment and Emirates NBD signed an agreement to support the funding of mortgage financing for UAE Nationals.

The school's basketball little league team
07:39 GMT
(press release)

Jordan Ahli Bank sponsored the 25th Little League Basketball Tournament organized by Al-Ahliyya School for Girls, which was held at the school premises.