Banking & Finance

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United Arab Bank (UAB)
January 19, 2015 - 14:25 GMT
United Arab Bank, UAB, has made a contribution of AED250,000 to Al Thiqah Club for the Handicapped, another milestone in the Bank’s long-standing relationship with an organisation that provides invaluable support for people with special needs in the UAE.

December 14, 2014

Adrian Gostuski among BID officials
06:34 GMT
(press release)

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).

Herve Falciani gave prosecutors in France and Spain data on thousands of Swiss bank accounts.
05:55 GMT

Switzerland has charged a former computer analyst at HSBC’s private bank in Geneva with industrial espionage and breaching the country’s secrecy laws.

During the event
05:51 GMT
(press release)

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.

Al Dana winners
05:39 GMT
(press release)

Doha Bank has named the latest winners of the monthly draw for its flagship Al Dana savings scheme.

December 11, 2014

During the event
10:48 GMT
(press release)

FGB, one of the leading banks in the UAE, hosted world renowned economist Professor Xavier Sala-I-Martin in the UAE as part of its two-day 35year anniversary celebrations, on December 10th and 11th, 2014.

During the event
10:13 GMT
(press release)

Gulf Bank has concluded its sponsorship of INJAZ Al-Arab’s “Young Entrepreneurs Competition” 2014 for student companies.

NBAD and CNBC to host panel discussion on future of energy
07:20 GMT

The National Bank of Abu Dhabi and CNBC, will convene a panel of leading energy experts to discuss the future of energy for Asia.

December 10, 2014

The Saudi market’s drop in the last few weeks has nearly wiped out the benchmark’s year-to-date gains, which now stand at just 1.1 percent.
19:15 GMT

Most stock markets in the Gulf fell sharply Tuesday after oil prices hit five-year lows, triggering a fresh wave of panic selling of shares by local retail investors

During the event
08:26 GMT
(press release)

Abu Dhabi Islamic Bank has been named Best Private Bank in the UAE at the inaugural WealthBriefing GCC Regional Awards, held recently at the Mina Al Salam hotel in Dubai.

During the event
05:44 GMT
(press release)

Doha Bank recently organized a get together event exclusively for Bullion related business customers with a unique theme titled “Sailing with Gold”, an exciting traditional dhow cruise journey in Doha Corniche waters on 6th Dec 2014.

December 9, 2014

Al Hilal Bank
10:50 GMT
(press release)

Al Hilal Bank, the progressive Islamic bank, is all set to raise a huge 8-by-4-foot UAE flag high above the atmosphere this Saturday, December 13, 2014 at Abu Dhabi’s legendary Liwa Desert.

Standard Chartered Bank
09:44 GMT
(press release)

Standard Chartered Global Research expects global growth to improve in 2015, rising to 3.4% from 2.9% in 2014, but says that confidence is crucial and will require more than just better economic indicators to drive it.

Farhad Irani & Rohit Garg
09:19 GMT
(press release)

Mashreq, a leading financial institution in the UAE, has been awarded ‘SME Bank of the Year 2014’ at the second edition of the Arabian Business StartUp Awards.

Philip King, UAE Head of Retail at ADIB
08:10 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has won the “ People’s Choice Award for 2014” as the most recommended bank in the UAE.

Earlier in October, Governor of the CBE Hisham Ramez announced the payment of $500m to Qatar.
04:55 GMT

Foreign reserves reached $15.8bn at the end of November 2014, marking a $1.1bn decrease from $16.9bn in October.