Banking & Finance

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Newswire reports suggest that Goldman Sachs’ issue of a five-year $500 million Sukuk was some 3x oversubscribed with orders of around $1.5 billion.
September 18, 2014 - 13:44 GMT
The US investment bank appears to have learned from the fiasco of its first attempt to market a Sukuk in 2011.

March 24, 2011

Ajman Bank
10:31 GMT
(press release)

Ajman Bank announced the appointment of Asad Ahmed Batla as SVP-Head of Retail Banking Division.

Part of the audience
09:46 GMT

National Bank of Kuwait, the best bank in the Middle East, held an Investment Forum for its Thahabi clients at Regency Hotel on Tuesday, March 22nd, 2011.

Abu Dhabi Commercial Bank
07:44 GMT
(press release)

Abu Dhabi Commercial Bank announced its involvement in the global initiative of Earth Hour, where participants from over 128 countries and territories have pledged to turn off power for one hour.

Tamweel
07:15 GMT
(press release)

Tamweel, the UAE Islamic home finance provider, announced today that its General Assembly Meeting was held on 22 March 2011.

March 23, 2011

Philip King, Head of Retail Banking at IBQ
14:39 GMT
(press release)

IBQ today announced the launch of its latest merchant partner promotion for its credit cardholders.

Investbank new website
13:00 GMT
(press release)

Investbank will sponsor “Earth Hour” event that will take place Saturday, March 26, 2011 at 7pm at Wild Jordan restaurant in Jabal Amman.

Left to right: Hadi Zakhem, Habib Mahakian, Rafed Al-Ani, and Abdul Rahman Jaroudi
12:50 GMT
(press release)

Commercial Bank of Qatar and EMC complete major information infrastructure project as Peninsula’s finance sector major presses ahead with ambitious growth plans.

Ajman Bank’s Mussafah branch to service SME and Corporate needs
09:03 GMT
(press release)

Ajman Bank announced today the opening of a new branch in Musaffah, the Industrial City of Abu Dhabi.

Vikram Krishna, Head Group Marketing, Emirates NBD; Rick Pudner, CEO, Emirates NBD; Frank G. Gabriel Jr. CEO, Dubai Racing Club; and Mohammad Al Khayat, Commercial Director, Dubai Racing Club at Meydan
08:25 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today its sponsorship of the Al Quoz Sprint at the prestigious Dubai World Cup programme.

March 22, 2011

Abdulla Al Najran Al Tuwaijri, Deputy General Manager of NBK’s Consumer Banking Group
13:48 GMT

National Bank of Kuwait in partnership with MasterCard International brings the passion and excitement of the matches to NBK MasterCard credit cardholders.

Al Ghurair with the two new Branch Managers
08:37 GMT
(press release)

Mashreq, one of the leading financial institutions announced the appointment of two UAE National, both women as Branch Managers.

NBAD's officials at the inauguration of the Business Banking Centre in Al Ain
07:35 GMT

The National Bank of Abu Dhabi (NBAD) launched a Business Banking Centre in the heart of Al Ain to further extend its services to small- and medium-sized enterprises (SMEs).

March 21, 2011

Invest AD
12:50 GMT
(press release)

Abu Dhabi financial services company Invest AD has hired a new fund manager to join the team running its Africa equities fund.

Al Ghurair with Mashreq staff at Careers UAE
12:38 GMT
(press release)

H.E. Abdul Aziz Al Ghurair, CEO of Mashreq visited the first day of 11th annual Careers UAE 2011.

March 20, 2011

The Dubai Financial Services Authority
14:13 GMT
(press release)

The Dubai Financial Services Authority today censured Saxo Bank Dubai for its failure to comply with the DFSA’s Rules regarding the on-boarding of clients.