Banking & Finance

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Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
July 8, 2014 - 15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.

May 8, 2011

Emirates NBD inaugurates Al Wadha branch in Abu Dhabi
07:12 GMT
(press release)

Emirates NBD announced that it has further extended retail banking facilities to its customers, with the opening of a new branch on Hazza Bin Zayed Street.

May 5, 2011

Yu Tao, Managing Director of China State Construction Engineering Corporation and Graham Honeybill, RAKBANK General Manager, during the launch of the new ATMs
14:33 GMT

RAKBANK announced the launch of the first Chinese-enabled Automatic Teller Machines (ATMs) in the GCC.

Tamweel also announced its positive financial results for the three months ending March 31, 2011
14:20 GMT
(press release)

Tamweel PJSC announced today that its shares will resume trading on the Dubai Financial Market on May 10, 2011, subsequent to approval from the (SCA).

Saxo Bank
09:54 GMT
(press release)

Saxo Bank has picked up no less than six awards at the Euromoney annual FX survey 2011.

John Garret, General Manager and Group Chief Compliance Officer at NBAD
08:36 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has won three awards at the fifth GCC Regulators’ Summit.

Jawdat Al Halabi, CEO of NCB Capital and Nael Samir Fayez, CEO of Injaz-Saudi Arabia after signing the agreement
08:14 GMT
(press release)

NCB Capital has signed an exclusive agreement with INJAZ-Saudi Arabia to sponsor a three-year financial literacy training program for male and female Saudi university students.

May 4, 2011

Financial Though Leaders Summit begins today
11:27 GMT

The first edition of Financial Though Leaders Summit was opened this morning by His Excellency Sheikh Nawaf Bin Nasser Bin Khaled Al Thani.

Talal Al Turki, NBK Public Relations Officer
06:35 GMT

National Bank of Kuwait is launching the first 2011 Summer Internship Program on June 12th, 2011. Courses are specially designed for high school & college students aged between 15 and 20 years.

May 3, 2011

Sheikh Khalid bin Abdullah bin Sultan Al Qassimi inaugurating the new branch of the Sharjah Islamic Bank in Al Hamriya Free Zone in Sharjah
11:18 GMT
(press release)

Sheikh Khalid bin Abdullah bin Sultan Al Qassimi inaugurated a new branch of the Sharjah Islamic Bank in Al Hamriya Free Zone in Sharjah.

Haitham Al Refaie, Head of Business Banking at NBAD
10:53 GMT

The National Bank of Abu Dhabi has launched a Business Rent Finance, which offers short term loan to small- and medium-sized enterprises (SME) to cover their rent.

Richard Banks, Director, Euromoney Saudi Arabia Conference
10:21 GMT
(press release)

Even though the economic effect of the stimulus granted by the government this year is expected to spur Saudi Arabia’s economic growth by 5.5 percent in 2011.

May 2, 2011

Dr. Yahya Alyahya, GIB’s Chief Executive Officer
13:41 GMT

Gulf International Bank reported consolidated net income after tax of $25.8 million for the three months ended 31st March 2011.

Muntaser Dawwas, Head of Consumer Banking, Arab Bank and Basel Eltell, Vice President and Regional Manager, Levant, MasterCard Worldwide
13:35 GMT
(press release)

MasterCard Worldwide, together with Arab Bank, announced today the launch of the Titanium MasterCard smart credit card program.

During the honoring ceremony
12:42 GMT
(press release)

Ahli United Bank has been awarded the prestigious ISO 27001 certification, in recognition of the Bank’s stringent information security management and its compliance with the highest international standards.

Mothers receiving their Mother’s Day gifts
11:44 GMT
(press release)

Gulf Bank has announced that it has sponsored the 17th Annual Mother’s Day Breakfast, an event that was held to raise funds for Operation HOPE.