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 16, 2011

Bashir Jaber, Burgan Bank’s Acting Chief Marketing Officer – General Manager
06:50 GMT
(press release)

Burgan Bank announced that its largest special needs program, Al Mass Awards, has entered its 10th consecutive year.

June 15, 2011

ADIB's Headquarters
14:29 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB) announced that its Covered Cardholders will receive free international cash withdrawals, and Cashback customers will receive 5% Cashback on international spend.

Muneera Al-Mukhaizeem, Chief Retail Banking Officer
06:00 GMT
(press release)

Burgan Bank announced today that it has further enhanced its prepaid cards.The new enhancements introduced will provide customers with better card features.

June 14, 2011

Hisham Al Rayes, Chief Investment Officer, GFH; Esam Janahi, Executive Chairman, GFH and Sanjay Chhabria, Managing Director, Wadhwa during the signing
13:57 GMT
(press release)

Gulf Finance House announced today that it has signed a partnership aagreement with Wadhwa Group, an eminent real estate developer in India.

The delegation during their visit to GCAA
11:05 GMT
(press release)

A delegation from the Joint Internal Audit Sector at the Ministry of Finance visited the headquarters of the General Civil Aviation Authority located in Abu Dhabi.

Credit Suisse
07:48 GMT
(press release)

Credit Suisse has been named “Best M&A House in Qatar” by Euromoney, a leading international finance magazine.

June 13, 2011

Maryam Al Shorafa, Head of Ladies Banking, Ajman Bank and Asad Batla, Group Head of Retail Banking, Ajman Bank during the press conference
12:50 GMT
(press release)

Ajman Bank announced today the launch of Mahra, a ladies banking service that offers female customers a world of benefits and rewards.

Muneera Al-Mukhaizeem, Burgan Bank Chief Retail Banking Officer
10:42 GMT
(press release)

Burgan Bank held its Yawmi account draw announcing a total of 5 lucky daily prize winners, each taking home KD 5,000.

Abu Dhabi Islamic Bank
09:32 GMT
(press release)

Abu Dhabi Islamic Bank announced the launch of its gold Priority Banking service that is designed to meet the needs of affluent customers.

Mazin Khoury, Chief Operations Officer at American Express Middle East, receiving the award
07:19 GMT
(press release)

American Express Middle East won the award for the “Best Corporate Card” in the Middle East at the annual Smart Card Awards Middle East.

NBK CEO Shaikha Al Bahar in a group photo with the interns
06:36 GMT

National Bank of Kuwait has launched the first in a series of the 2011 Summer Internship Program two-week courses custom-made for high school & college students.

June 12, 2011

Gary Dugan, Chief Investment Officer, Private Banking, Emirates NBD
10:42 GMT
(press release)

Investors are finally seeing the global recovery for what it is like walking through mud, says Emirates NBD CIO Private Banking Officer.

Abdulelah Al Kindy, General Manager of Retail Banking at Emirates NBD
10:36 GMT
(press release)

In line with its commitment to empowering small and medium-sized businesses, Emirates NBD, a leading bank in the region, announced that it had served as the key sponsor of TECOM SME Builder 2011.

Dina Shoman, Executive Vice President of Branding at Arab Bank receiving the award
10:07 GMT
(press release)

Arab Bank was recognized by the international finance magazine, Euromoney, as the “Best Bank in Jordan” at the Euromoney Awards for Excellence 2011 Middle East Dinner, held in Dubai, UAE recently.

Visa
09:43 GMT
(press release)

Visa is to hold its annual Security Summit for the Asia Pacific, Central Europe, Middle East and Africa region in Dubai on June 14 and 15 2011.