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.

June 29, 2011

Islamic Development Bank
13:55 GMT
(press release)

The Islamic Corporation for the Development of the Private Sector is currently engaged in tackling issues related to the financing of Small and Medium Enterprises (SMEs).

Mohamed Sultan Al Qadi, Chairman - Board of Directors of Commercial Bank International
12:16 GMT
(press release)

Commercial Bank International announced that the appointment of the new Board of Directors for the bank was resolved at its Assembly General Meeting.

Faysal Badran, the new Chief Investment Officer at NCB Capital
10:02 GMT
(press release)

NCB Capital has appointed Faysal Badran to the new position of Chief Investment Officer.

Abhijit Choudhury, Senior General Manager & Group Chief Risk Officer at NBAD receiving the Best Risk Management in MENA award
09:26 GMT

The National Bank of Abu Dhabi was named the Bank with the Best Risk Management in Middle East and North Africa and Best Bank in the UAE for 2011.

Mohammed Al Mohannadi, CEO of GHC and George Nasra, Managing Director of IBQ
07:58 GMT
(press release)

IBQ announced today that it has extended a QAR 158.8 million (US$43.5 million) term loan facility to Gulf Helicopters Company (GHC).

June 28, 2011

Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs
13:39 GMT
(press release)

Ministry of Finance will be participating in the 36th annual meeting of the Islamic Development Bank’s (IDB) board of governors taking place in Jeddah; KSA on the 29th and 30th of June, 2011.

Mahboob Murshed, Managing Director at Alpen Capital
12:47 GMT
(press release)

Alpen Capital (ME) Limited announced the publication of its GCC Food Industry Report as a part of its Industry Research services

During the opening ceremony
12:15 GMT
(press release)

UAE, Emirates NBD, a leading bank in the region, announced today the opening of its 16th branch in the nation’s capital.

Group photo of students participating in Burgan Bank Summer Training Program
11:46 GMT
(press release)

Burgan Bank announced that the Bank started its summer training program for the talented students.

Students who will participate in ADIB Summer Internships Program
11:42 GMT
(press release)

Abu Dhabi Islamic Bank announced the second edition of its Summer Internships Program with the enrolment of 200 UAE national students, twice the number enrolled last year.

Department of Finance outstanding employees for 2010
11:36 GMT
(press release)

An honors ceremony was held in recognition of the department’s outstanding employees for 2010.

Farid Barakat, NBAD's Regional Manager and Belinda Scott, Senior Manager of CSR at NBAD, receiving the award
11:19 GMT

The National Bank of Abu Dhabi was the only Bank from the Middle East of 17 banks from across the globe.

Saxo Bank
10:52 GMT
(press release)

Uncertainty and erratic moves will be the norm rather than the exception reports Saxo Bank in its economic outlook for the third quarter of 2011.

Mashreq team receiving the award
10:46 GMT
(press release)

Mashreq won the Best Call Centre of the year award - strategically aligned category by Middle East Call Centre awards 2011 organized by INSIGHTS.

Jewellery demand is forecast to put a medium-term floor under gold prices
08:17 GMT
(press release)

Bank Sarasin expects gold to trade at USD 1,575 by end-Q3 2011 and USD 1,650 by end-Q2 2012.