Banking & Finance

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United Arab Bank (UAB)
January 19, 2015 - 14:25 GMT
United Arab Bank, UAB, has made a contribution of AED250,000 to Al Thiqah Club for the Handicapped, another milestone in the Bank’s long-standing relationship with an organisation that provides invaluable support for people with special needs in the UAE.

December 30, 2014

Mohammed Ali Yasin, Managing Director of NBAD

Securities
09:53 GMT

The National Bank of Abu Dhabi Securities (NBAD Securities) has been selected “Best Brokerage House in the UAE” in 2014 by the International Finance Magazine.

December 29, 2014

Middle East markets have been uneasy since the price of oil dropped. (AFP/File)
09:59 GMT

Shares in Dubai jumped to the highest level Sunday in two weeks despite the global decline in the price of oil.

During the signing
09:03 GMT
(press release)

Ministry of Finance signed a memorandum of understanding with Emirates Airlinewhich aimed to renew the bilateral agreement between the two parties with regards to providing discounts on air fares for MoF employees and their families.

The kingdom announced plans to open Saudi's stock exchange to foreigners in July 2014. (AFP/File)
08:25 GMT

The Saudi Tadawul stock exchange will open to foreign investors in April 2015, kingdom officials told Bloomberg news Sunday.

December 28, 2014

During the event
14:07 GMT
(press release)

Jordan Ahli Bank recently sponsored the "Jacket for Every Student" initiative, a joint effort organized in collaboration with the Ministry of Social Development targeting school students in less privileged areas in the Kingdom.

CIMA
13:23 GMT
(press release)

The Chartered Institute of Management Accountants, continued to build on its 25% growth increase rate in 2013, and sustained its unparalleled expansion efforts throughout 2014.

December 24, 2014

Lebanese banks are abiding by international regulations, according to the Union of Arab Bankers
12:04 GMT

Lebanese banks face no threat of any international penalties after the local lenders successfully complied with all anti-money laundering and other similar legislation, the chairman of the World Union of Arab Bankers said Tuesday.

December 23, 2014

Al Samhouri exchange
20:14 GMT

The Central Bank of Jordan (CBJ) on Sunday closed down a major currency exchange company for administrative and financial violations.

First Gulf Bank
08:11 GMT
(press release)

FGB, one of the leading banks in the UAE, has secured runner-up position in the ‘Best Trade Finance Bank in the Middle East & North Africa’ category of the Global Trade Review’s 2014 ‘Leaders in Trade Awards’.

During the event
04:40 GMT

International Bank of Qatar (ibq) has proudly declared Gez Garai as the December winner of the bank’s monthly prize draw for the ibq loyalty program, thanq.

December 22, 2014

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities (File Archive/ AFP).
18:00 GMT

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities.

Microsoft will offer a direct operator billing facility with Du that will negate the need for customers to use their credit cards online (Shutterstock).
10:00 GMT

Microsoft has parternered with Du to offer a direct operator billing facility that will avoid the need for customers to use their credit cards online.

Mr. Fahad Al Raja’an, Chairman, Ahli United Bank
09:07 GMT
(press release)

Ahli United Bank B.S.C. (AUB) has been named ‘Best Regional Bank – GCC 2014’ by Capital Financial International.

UAE flag at 102,000 feet
08:37 GMT
(press release)

Al Hilal Bank recently raised the UAE flag high to the edge of space at an altitude of 102,000 feet under its ‘Raise your voice, raise your flag’ campaign.