Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

November 19, 2014

During the event
11:55 GMT

The NBAD Islamic MENA Growth Fund has been named the Best Islamic Fund 2014 by Global Islamic Finance Awards.

Emiratisation Press Conference
11:33 GMT
(press release)

Leading financial institution, Mashreq is known to be an avid supporter of Emiratisation, through its various activities and initiatives to attract and employ Emiratis.

Mohammed Ali Al Ansari, Chairman and Managing Director, Al Ansari Exchange and H.H. Major General Sheikh Taleb bin Saqr Al Qassimi, Director General of Ras Al Khaima Police Department and Rashed Ali Al Ansari, General Manager, Al Ansari Exchange
10:55 GMT
(press release)

Al Ansari Exchange inaugurated its new branch on Al Muntasir Road in Ras Al Khaimah as part of its continuous efforts to effectively and efficiently fulfill the requirements and needs of its customers.

First Gulf Bank
10:46 GMT
(press release)

FGB, one of the leading banks in the UAE, has finalised an AED 1.1 billion club finance lease funding package on behalf of Emirates airline, for the acquisition of two Boeing 777-300ER aircrafts.

During the event
10:24 GMT
(press release)

Doha Bank recently hosted a quiz competition for its staff, representing teams from its various business and operational units.

During the event
09:54 GMT
(press release)

Emirates NBD announced the opening of a new banking branch in Al Nasseriya in Sharjah, conveniently located in the heart of the city, offering exceptional convenience for customers.

Haytham El El-Maayergi, Head of Transaction Banking – Standard Chartered UAE, speaking at the event
08:05 GMT
(press release)

Dubai International Financial Centre (DIFC) recently hosted the Corporate Treasury Evolution and Trends event, at the DIFC Conference Centre.

Dr Adnan Chilwan, CEO, DIB & Adel Ali, Group CEO, Air Arabia at the signing ceremon
06:35 GMT
(press release)

Dubai Islamic Bank (DIB) and Air Arabia announced today the signing of an aircraft financing deal to facilitate the delivery of six new Airbus A320 aircrafts in 2015.

November 18, 2014

STP award
11:11 GMT

International Bank of Qatar (ibq) has won the Commerzbank “Straight Through Processing (STP) award for the fourth year running.

NBAD Renews Sponsorship of Formula 1 Etihad Airways Abu Dhabi Grand Prix
10:59 GMT

The National Bank of Abu Dhabi (NBAD) has renewed a multi-year agreement to be the Official Bank of the FORMULA 1 ABU DHABI GRAND PRIX.

National Bank of Abu Dhabi
08:59 GMT
(press release)

SWIFT joined with the National Bank of Abu Dhabi (NBAD) to bring together some of the largest companies in the United Arab Emirates to look at the evolution of treasury management within corporates.

November 17, 2014

Andrew Ball, Head of Retail Banking
09:31 GMT

International Bank of Qatar (ibq) is launching the first Furniture Loan product in Qatar to both existing and new ibq customers, with the most accommodating terms that include 0% interest rate, 0% fees and zero down payment.

November 16, 2014

Caetano Fernandes, Senior Vice President & Head of Mashreq Gold
10:15 GMT
(press release)

Mashreq’s unique online property platform Mashreq Property Mart has been a grand success just months after its launch.

Emirates Islamic Bank
09:42 GMT
(press release)

Emirates Islamic has announced a philanthropic community initiative to collect donations on behalf of Dubai Health Authority (DHA) for their MOSA’ADAH charity programme.

Mr. Faisal Al Haimus, Chief Executive Officer, Burgan bank
08:07 GMT
(press release)

Burgan Bank Group announced that the appointment of Mr. Faisal Al Haimus, as the Chief Executive officer to Bank of Baghdad.