Recent

UAE Ministry of Finance
May 24, 2016 - 04:40 GMT
The Ministry of Finance (MoF), organised a workshop to discuss the book titled “Breaking the Oil Spell – The Gulf Falcon’s Path to Diversification”, in its premises in Dubai.
During the event
May 23, 2016 - 12:29 GMT
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, commemorates the 50thAnniversary of its establishment.
Fitch indicated that Lebanon’s banking sector was among 15 banking systems that have a Banking System Indicator of “b”. (File photo)
May 23, 2016 - 11:45 GMT
Lebanon's banking sector rating remains unchanged since 2013, according to Fitch Ratings' semi-annual risk assessment of 114 banking systems in advanced and emerging economies.
During the event
May 22, 2016 - 08:07 GMT
Once again, Mashreq wins at the Banker Middle East Industry Awards, scooping three awards in 2016.
Gulf Bank
May 22, 2016 - 05:41 GMT
Gulf Bank held its Al Danah daily draws on 15 May 2016 announcing the names of its winners for the week of 8 May – 12 May 2016.
Images of debris believed to be from the lost EgyptAir flight from Paris were released on the official Facebook page for Egypt's military spokesman of the Armed Forces. (Facebook)
May 22, 2016 - 05:29 GMT
Investors have panicked at the prospect of EgyptAir MS804 being brought down by a terrorist attack, and the negative impact on Egypt's tourism industry and economy.
The Act that was passed in the US is an U.S. act whose implementation is required throughout the world and in Lebanon, said Central Bank Governor Riad Salameh. (The Daily Star)
May 19, 2016 - 13:00 GMT
Condemning Hezbollah's call to resist compliance with the US law, Lebanon's Central Bank governor warned of the risks of isolation from international banking relations.
The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position 
and economic strength. (Argaam)
May 19, 2016 - 06:00 GMT
The investors service has negatively revised the long-term deposit ratings of nine banks and confirming the ratings of two banks as stable, while placing all UAE banks on a negative outlook.
Bank Nizwa - Majlis Al-Shura Discussion
May 19, 2016 - 05:24 GMT
Bank Nizwa participated in a special session held at Majlis Al-Shura to discuss the challenges and future growth of Islamic finance.
During the event
May 18, 2016 - 11:33 GMT
Adding a new chapter to its growth story, Doha Bank, one of the largest private commercial bank in Qatar, today officially inaugurated its new, state-of-the-art branch in Al Gharafa.
Gulf Bank
May 18, 2016 - 11:07 GMT
Gulf Bank today announced that it has won the ‘Best Retail Bank in Kuwait’ award from The Banker Middle East, the region’s leading banking industry magazine, in recognition of its outstanding performance in the retail sector.
During the event
May 18, 2016 - 11:01 GMT
Emirates Institute for Banking and Financial Studies, facilitated the attendance of two Emirati bankers at ‘The Future of Well Being’ workshop in Bahrain that was hosted by renowned author, life coach and speaker, Deepak Chopra.
Other Gulf states holding massive amounts of U.S debt include the United Arab Emirates with $62.5 billion, Kuwait with $31.4 billion and Oman with $15.9 billion.  (Shutterstock)
May 18, 2016 - 11:00 GMT
The Kingdom ranks 13th among countries holding American securities, compared to the China at the top of the list with $1.3 trillion, followed by Japan with $1.1 trillion.
Dr Adnan Chilwan, Group Chief Executive Officer, DIB
May 18, 2016 - 10:50 GMT
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has once again been recognised for its progressive and customer focused approach to banking services at the Banker Middle East Industry Awards 2016.
The bank will offer financial, investment and advisory services to the Palestinian diaspora living in the Gulf region and beyond. (Bank of Palestine)
May 18, 2016 - 10:04 GMT
Bank of Palestine has opened its first overseas office at the Dubai International Financial Centre
During the event
May 18, 2016 - 05:40 GMT
Dubai Islamic Bank, the largest Islamic Bank in the UAE, reiterates its support for Emiratisation through its participation at the 16th edition of “Careers UAE”.