Banking & Finance
December 17, 2014
The lira weakened to a record low of 2.4140 against the dollar on Tuesday after a fall in the value of the ruble in Russia
December 16, 2014
Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, was named the ‘Best Telephone Service Exchange House’ at the 10th Annual Customer Experience Benchmarking Index’.
The National Bank of Abu Dhabi, NBAD and CNBC hosted a panel of leading energy experts to discuss the future of energy for Asia, in Kuala Lumpur on 15 December.
December 15, 2014
The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of USD 798,923.60 which is equivalent to 2.33% of the Net Asset Value as at 27 November 2014.
FGB, one of the leading banks in the UAE, launched its inaugural National Housing Loans exhibition today, which is being held under the patronage of HH Sheikh Tahnoon Bin Zayed Al Nahyan, Chairman of the bank.
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has finalized a AED 1 billion finance facility to Baniyas Investment & Development Company LLC (BIDC), the investment arm of Bani Yas Sports Club.
The “ABLF(Asia Business Leadership Forum) Leadership Weekend 2014” was held on December 13th and 14th, at the Armani Hotel, in the UAE’s iconic Burj Khalifa.
Iranian authorities have arrested 12 people for syphoning off more than $4.5 billion (3.6 billion euros) from one of the country's main banks over several years.
The Dubai index wiped off gains registered in 2014, since it fell another 7 per cent for a second straight session.
Egypt's stock market plunged by 22 billion Egyptian pounds (just over $3 billion) in a single day of trading Sunday as low oil prices dragged down regional economies.
December 14, 2014
Emirates NBD, a leading bank in the region, made a clean sweep at the Effie MENA Awards 2014 with five coveted awards in the Banking, Finance and Insurance, as well as brand experience categories.
NCB Capital, the leading provider of wealth management services in the GCC and Saudi Arabia’s largest asset manager, has sponsored a new fully equipped state-of-the-art lab at Effat University in Jeddah.
Burgan Bank announced that is has recently won again and for the second year, the prestigious “International Diamond Star for Quality” award from Business Initiative Directions (BID).
Switzerland has charged a former computer analyst at HSBC’s private bank in Geneva with industrial espionage and breaching the country’s secrecy laws.
United Arab Bank (‘UAB’), the fastest growing banking in the Middle East, has opened three new branches in Dubai, bringing its total number of branches in the UAE to 30.