Banking & Finance
December 16, 2013
H.E. Sheikh Fahad Bin Mohammed Bin Jabor Al Thani, Chairman, Doha Bank, the leading private commercial bank in Qatar, Board of Directors was honored with the Asian Business Leadership Forum Award (ABLF).
Abu Dhabi Islamic Bank and Construction Guarantee of the Republic of Korea have signed a MOU that will support South Korean construction companies operating in the Arabian Gulf.
UAE’s leading financial institution, Mashreq was recently awarded the Best Banking Group in UAE Award at the World Finance Banking Awards 2013.
National Bank of Kuwait (NBK) is participating in a consortium of international banks to arrange a loan of $1.43 billion to finance the first phase of the Az-Zour North Power and Desalination Project in Kuwait.
Emirates NBD announced the signing of a MoU with Construction Guarantee, a South Korean government organisation, mandated to promote the development of the construction industry in South Korea.
December 15, 2013
Al Ramz Securities, one of the UAE's leading brokerage houses, has announced that it has been accredited to conduct Direct Market Access (DMA) under the Dubai Financial Market (DFM).
National Bank of Kuwait (NBK) participates in a consortium of international banks to arrange a loan of USD 1.43 billion to finance the first phase of the Az-Zour North Power and Desalination Project in Kuwait.
Emirates NBD Asset Management Limited, a leading bank in the region, announced that it received the award for ‘UAE Asset Manager of the Year’ at the 2013 Global Investor/ISF Middle East awards.
December 12, 2013
Fischer, 70, stepped down as Governor of the Bank of Israel in June, midway through his second term. He holds dual Israeli and US citizenship.
The Chartered Institute of Management Accountants has signed a MoU with CORE International Institute of Higher Education FZE in association with Birla Institute of Technology, Ranchi.
The value of merger and acquisition (M&A) deals in the Middle East and North Africa (Mena) region jumped 76 per cent to $17.3 billion in the third quarter this year from $9.9 billion in the same 2012 period.
alizz islamic bank, the newest Islamic bank in Oman, today announced the launch of its Shari’acompliant Titanium and Platinum MasterCard Credit Cards.
The Central Bank of Iran (CBI) has set up a task force on the return of the country’s assets blocked by the U.S., IRNA quoted a CBI official as saying on Wednesday.
December 11, 2013
HSBC Bank Oman S.A.O.G. welcomed clients to the Al Bustan Palace, A Ritz-Carlton Hotel, for the annual HSBC Middle East Economist Roadshow.
Kuwait's bank credit increased by KD391 million ($1.37 billion) in October, pushing year-on-year growth to 7.8 per cent and marking the largest monthly gain in five years, a report said