Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

May 23, 2011

Etihad Guest Above Credit Cards offer ADCB customers between one and two Etihad Guest Miles for every dollar spent
14:15 GMT
(press release)

The Etihad Guest Above Credit Card from Abu Dhabi Commercial Bank, has been named Best Co-Branded Card in the Middle East.

Muneera Al-Mukhaizeem, Burgan Bank Chief Retail, Banking Officer GM
10:47 GMT
(press release)

Burgan Bank amongst the leading and the most dynamic bank in the state of Kuwait announced the names of last week’s Yawmi account winners at the bank’s head office.

Abu Dhabi Islamic Bank
10:38 GMT
(press release)

Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, has appointed Stuart Crocker as the Head of Private Banking and Wealth Management.

AFAQ graduates at the graduation ceremony
07:49 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, hosted a special graduation ceremony for its AFAQ Management Trainee Programme at the Bank’s head office in Abu Dhabi.

May 22, 2011

Abdulla Al Najran Al Tuwaijri, NBK Deputy General Manager
13:19 GMT

National Bank of Kuwait (NBK), the best bank in the Middle East, announces the launch of Family Income Protection (FIP) Insurance.

NBAD Platinum MasterCard cardholders will be able to enjoy a great cinema experience at Cine Royal Cinemas
10:14 GMT

NBAD has launched an exciting promotion to offer its esteemed MasterCard credit cardholders “buy one, get one” free ticket to movies every time they use their NBAD MasterCard cards at Cine Royal Cinema.

Derek Weist, Director, Asset Management at BLME
09:53 GMT
(press release)

Bank of London and The Middle East today announced the launch of its Light Industrial Building Fund (LIBF), a Sharia’a compliant UK real estate fund which invests in sustainable property assets.

Yong Wei Lee, Head of MENA Equity Investments, Emirates NBD Asset Management
07:59 GMT
(press release)

Equity markets in the Middle East and North Africa (MENA) region present a sizeable opportunity for investors focusing on the emerging market economies, according to Emirates NBD Asset Management.

May 19, 2011

Ratibi salary card has helped with the Government’s objectives to monitor and regulate workers’ rights
08:43 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, won the Best Pre-Paid Card and the Best Mobile payment Application categories from Smart Card Awards Middle East.

Ali Al Sayegh, CEO of Al Tanmyah Services
08:00 GMT
(press release)

Al Tanmyah Services (ATS), a subsidiary of Dubai Islamic Bank (DIB) announced that it has implemented a new smart technology to enhance its HR processes.

infoComm 2011 is expected to draw over 950 exhibitors and 32,000 visitors, professionals, and experts from across the globe
07:00 GMT
(press release)

Tamkeen announced that registration window to participate in “infoComm 2011”, a leading global ICT event, is now open.

May 18, 2011

Al Sager, NBK Group Deputy CEO with the trainees of the Summer Internship Program last year
14:14 GMT

In light of the tremendous success of the Summer Internship Program in the past years National Bank of Kuwait, is launching the first in a series of the 2011 Summer Internship Program on June 12th, 2011.

Ghina aims to promote a savings culture in line with Islamic Sharia
11:18 GMT
(press release)

Abu Dhabi Islamic Bank celebrated the 2nd year anniversary of Ghina Savings Account program by announcing the winners of its sixth promotional draw.

The issuance of the US dollar-denominated Sukuk is expected to close today
07:26 GMT
(press release)

The road shows launched last week by Sharjah Islamic Bank (SIB) to mark the Bank’s Sukuk issuance have been a resounding success.

May 17, 2011

The workshop sought to develop the legal framework for UAE participation in the OECD Committees
14:05 GMT
(press release)

Ministry of Finance inaugurated a workshop on maximizing the benefit derived from the Information Exchange Committees of (OECD).