Banking & Finance
February 10, 2014
JP Morgan has cut its correspondent banking relationship with Emirates NBD, Dubai’s largest bank, as part of a global review of its business
February 9, 2014
The National Bank of Abu Dhabi (NBAD) is celebrated National Environmental Day event by launching ‘Paper Tree’ initiative to on February 4th at its Head Office on Khalifa Street.
Mashreq Bank has won four prestigious awards at this year’s MENA Fund manager Awards, recognizing the consistent high performance of its investment funds over recent years.
Jordan Ahli Bank recently announced Raneen Darkejian as the 20th lucky winner of its monthly Jame’ati account grand prize; a 2013 model Kia Cerato, licensed and taxed in full.
Egypt’s net international reserves surged at the end of January to record $17.105bn
February 6, 2014
Mashreq announced the launch of its newly revamped ‘Mashreq Flavors’ application which presents users with an entirely new design and user experience, while maintaining its popular, user friendly approach.
Abu Dhabi Islamic Bank (ADIB) is offering a six-month break on repayment installments on personal and vehicle financing in the event of loss of employment to ease the budren on customers as they transition between jobs.
Saudi Arabia’s stock market witnessed five new listings in 2013 with a combined value of SR1.96 billion ($523 million).
February 5, 2014
The National Bank of Abu Dhabi (NBAD) has been ranked the “Best Bank for Payments and Collections” in the Middle East by Global Finance, the international financial magazine.
Emirates Islamic announced that it has signed a cooperation agreement with Al Jalila Foundation, a UAE based charity, which sets Emirates Islamic as a partner for collecting donations on behalf of the foundation.
alizz islamic bank has announced the appointment of Ali bin Khamis Al Zadjali as the Head of Compliance to develop capabilities and ensure delivery of effective compliance functions across the bank’s operations.
Keeping with its tradition of superior customer service, Sharjah Islamic Bank (SIB) signed an agreement with Temenos for its T24 core banking system‘.
The Dubai 2020 World Expo may boost sukuk issuance in the UAE.
February 4, 2014
Abu Dhabi's government is planning to spend $346 billion in various sector development over the next six year, according to its Department of Economic Development.
First Gulf Bank has announced the launch of a new destination for sport and leisure in Abu Dhabi.