Banking & Finance

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"Annual credit growth is likely to be closer to 14-17% y-o-y"
Today
Qatar’s banks’ credit is likely to grow by 14% to 17% year-on-year (y-o-y) in 2013, much lower than the average 27% expansion seen in the previous two years, according to a Barclays study.

April 30, 2013

Chartered Institute of Management Accountants
08:04 GMT
(press release)

The Chartered Institute of Management Accountants (CIMA) has announced record growth figures for 2012 as the institute’s global footprint continues to expand.

April 29, 2013

Bank of Sharjah
12:19 GMT
(press release)

Bank of Sharjah announced its financial results for the three months ending March 31, 2013.

The UK is to help set up a specialized recovery team for Arab Spring related assets
10:37 GMT

Britain is to set up a special task-force to return stolen assets that belong to so-called 'Arab Spring' countries, according the country's Middle East affairs minister, Alistair Burt.

Andre’ Sayegh, CEO of FGB
10:23 GMT
(press release)

First Gulf Bank PJSC, (FGB), one of the major leading banks in the UAE, today reaffirmed its continuing strong financial performance with the release of its Q1’2013 figures.

Seghaar children’s branch
09:53 GMT
(press release)

Al Hilal Bank opened its new Seghaar children’s branch yesterday, Sunday April 28th 2013, in the presence of students from the Emirates National Schools at its Al Hilal Mall Branch in Abu Dhabi’s Corniche area.

The Association of Banks in Lebanon will comply with any sanctions imposed after two firms were accused of money laundering and financing Hezbollah
08:18 GMT

The Association of Banks in Lebanon said over the weekend it would comply with any sanctions imposed by the U.S. Treasury after two Lebanese money exchange houses were designated as a primary money-laundering concern.

Jordan has requested $200 million from Japan
07:40 GMT

Jordan has requested a further $200 million from Japan, in what would be the latest round of financing from the Asian nation.

UAE Ministry of Finance
07:04 GMT
(press release)

The Ministry of Finance (MoF), in collaboration with the Federal Customs Authority and the Federal Credit Bureau, announced today its participation in the upcoming Careers UAE 2013 fair.

Arab Bank
06:53 GMT
(press release)

Arab Bank Group net profit for the first quarter of 2013 reached USD205.1million, compared to USD 204.4 million in the first quarter of last year.

Rashed Ali Al Ansari, General Manager of Al Ansari Exchange
06:09 GMT
(press release)

Al Ansari Exchange will highlight career opportunities being offered to young Emirati graduates and students during its participation at Careers UAE 2013.

During the event
06:08 GMT
(press release)

Standard Chartered has been awarded the Pan-Middle East Award for “Best Foreign Investment Bank” at the annual EMEA Finance - Middle East Banking Awards 2012

Jordan Ahli Bank Cleanup Campaign
05:42 GMT
(press release)

Jordan Ahli Bank observed World Environment Day on April 13th 2013, organizing a cleanup campaign at the Dead Sea Public Beach.

Egypt is negotiating the interest rate on $3 billion worth of Egyptian bonds that Qatar agreed to purchase
03:55 GMT

Egypt is negotiating the interest rate on $3 billion worth of Egyptian treasury bonds that Qatar committed to buying earlier this month, Planning Minister Ashraf El-Araby has said in comments reported by state-owned Al-Ahram daily.

April 28, 2013

During the event
06:25 GMT
(press release)

Burgan Bank recently hosted the 1st Internal Audit Conference for Banking Industry in Kuwait, which took place recently at the Sheraton Kuwait Hotel.

FGB's Stand at Al Ain Education and Career Fair
05:58 GMT
(press release)

First Gulf Bank (FGB), one of the major leading banks in the UAE, participated in the Al Ain Education and Career Fair 2013, which took place from April 22- 24.