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.

March 6, 2011

Co-Founder and CEO of Saxo Bank, Lars Seier Christensen
10:16 GMT
(press release)

With net profit of DKK 644 million, the trading and investment specialist today announced its best full-year results ever.

Rohit Walia, Executive Vice Chairman and CEO of Sarasin Alpen and Alpen Capital, felicitating Ustad Shujaat Khan
10:04 GMT
(press release)

Sarasin Alpen and Alpen Capital, Oman, hosted their fourth annual Global Fusion concert on 3 March 2011 at the Shangri-La Barr Al Jissah Resort & Spa in Muscat, Oman.

Giel-Jan Van Der Tol, CEO of Dubai Bank
06:53 GMT
(press release)

Dubai Bank announced today the launch of “Royal Banking,” a complete wealth management solution for premium customers who seek customised solutions and personalised service across all banking channels

March 3, 2011

Barclays Capital representatives receiving their awards
09:43 GMT
(press release)

Barclays Capital received two awards at the Islamic Finance News Awards Ceremony 2011 which took place in Dubai.

March 2, 2011

Fahad bin Mohammed bin Jaber Al Thani, Chairman of Doha Bank
14:24 GMT
(press release)

Doha Bank, Qatar’s said that braving a challenging economic environment, the bank posted robust results for 2009-2010 fiscal with net profit rising by 8.3 per cent to QR 1.05 billion.

Taste of Dubai food & music festival
14:04 GMT
(press release)

In line with its ongoing commitment to provide customers with exclusive privileges, Emirates NBD,announced today the launch of a special dining programme featuring more than 350 restaurant brands.

Craig Hewett, Chief Business Officer at BFX
11:48 GMT
(press release)

The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Middle East and North Africa (MENA), sponsored the 10th Islamic Finance Summit as the Strategic Exchange Partner.

Gholam Souri, Chief Executive Officer and Managing Director at Futurebank
11:22 GMT
(press release)

Bahrain-based Futurebank has announced a net profit of BD9.1 million for the year ended 31 December 2010 marking an increase of 10.4% as compared to 2009 (2009 – BD8.2 million).

During the signing ceremony
10:43 GMT
(press release)

Khalifa Fund for Enterprise Development and Abu Dhabi Islamic Bank have signed a memorandum of understanding, to provide financial services for the Fund’s clients through ADIB’s branch network.

RAKBANK Prepaid Cards
07:33 GMT

RAKBANK Prepaid Cards are the latest financial solution from RAKBANK to offer a smart and modern alternative to cash.

Douglas Beckett, Head of Retail Banking, Mashreq
07:17 GMT
(press release)

Mashreq Assist, the unique debt counselling service has managed to offer advice and assistance to over 7,000 customers in 2010 seeking financial guidance.

March 1, 2011

GFMF's discussion panel will include high-powered executives
14:02 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, kicks off its Third Annual Global Financial Markets Forum (GFMF) on Wednesday, March 2nd.

Obaid Al Shamsi, Chief of Human Resources at Dubai Islamic Bank receiving the award
13:15 GMT
(press release)

Dubai Islamic Bank (DIB) announced today that it has received the HR Development Award in the Banking and Financial Sector at the Sharjah National Career Exhibition.

Bank’s ratings confirmed at BB+ with stable outlook
10:08 GMT
(press release)

Commercial Bank International (CBI) announced its annual results for the year ending 2010, declaring a net profit of AED 143.1 million, an increase of 173 per cent compared to 2009.

NBK activities during 2010
07:09 GMT

NBK, recently released its annual Corporate Social Responsibility Report concurrently with the release of the Bank's 2010 annual financial report.