Banking & Finance
December 12, 2013
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
December 10, 2013
Staff members of Al Hilal Bank along with their families recently trooped to the town of Al Samha in Abu Dhabi to participate in the 12th Clean Up UAE event organized by the EEG.
The annual salary survey conducted by the Chartered Institute of Management Accountants shows that in 2013, qualified CIMA members in the UAE are earning on average AED 47,765 in basic monthly salary.
Saudi Arabia increased its share in the Islamic Development Bank's subscribed capital this week, with KSA now holding a total share of $6.85 billion
Julius Baer announced Monday that it will take over the Merrill Lynch International Wealth Management businesses in Lebanon, Bahrain and UAE.
National Bank of Fujairah (NBF) has announced that seven UAE Nationals have graduated from the third cohort of its Management Trainee Programme (MTP).
December 9, 2013
Emirates NBD, a leading bank in the region, was twice recognised at the recent Effie MENA Awards 2013.
Egypt's foreign reserves fell for the third consecutive month in November by 4.8 percent amidst growing economic struggles within the country.
December 8, 2013
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of its new Child Savings Account.
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, marked the 42nd UAE National Day by organising a special ceremony at the company’s headquarters in Dubai.
December 5, 2013
Qatar foreign workers sent nearly $200 million less remittances in 2013.
Abu Dhabi Islamic Bank (ADIB), has been named the ‘Best Islamic Bank in the Middle East’ for 2013 by The Banker Magazine in recognition of the bank’s rapid growth and customer service.
December 4, 2013
Global Islamic banking assets with commercial banks are expected to reach $1.72 trillion in 2013