Banking & Finance
June 13, 2013
Emirates Islamic Bank announced the launch of a major summer campaign that aims to reward customers by offering them exclusive deals on various Emirates Islamic Bank debit and credit cards.
The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 1.98% of the unit NAV of 5.3286 US$, being the NAV as at 30 May 2013.
June 12, 2013
Egypt trimmed the size of a treasury bond auction on Monday but its borrowing costs held broadly steady despite anxiety over the country's finances and a mass protest set for June 30.
Emirates NBD announced the launch of an exceptional campaign across its entire product range, to celebrate the 50th anniversary of its operations with its customers.
Emirates NBD, Dubai's largest lender, has completed the acquisition of BNP Paribas' Egyptian assets after receiving regulatory approval in the North African country, the bank said in a statement on Tuesday.
Gulf Bank announced that Fitch Ratings has upgraded the bank's Viability Ratings to 'bb-' from 'b+'.
Swissquote Bank MEA LTD./SQM/ a Dubai-based bank and subsidiary of Swissquote Bank SA./SQB/, announced that it has been granted a category 4 license from the Dubai Financial Services Authority /DFSA/, and Swissquote Bank SA Central Bank Representative Office License.
The Ministry of Finance and the Central Bank of the UAE have announced today the signing of a Memorandum of Understanding (MoU) in implementation of a Council of Ministers resolution.
Doha Bank, the leading private commercial bank in Qatar, has launched ‘Al Hayer GCC & MENA Fund’ for Qatari Individuals, Corporates and Institutions.
Capital Club Bahrain hosted its second Ladies Only Luncheon, hosted by General Manager, Shahnaz Pakravan.
Standard Chartered has been named “Best Project Finance House in the Middle East” at the Euromoney Awards for Excellence 2013.
Gulf Bank recently hosted an evening at Sheraton Hotel to announce their appointment as Joint Lead Manager in a five year KD 60 million bond issue for United Real Estate Company (URC).
After recording a strong growth in first quarter net profit and net income, Emirates Islamic Bank is gearing up towards an aggressive push in the competitive retail
June 11, 2013
Emirates NBD announced that it has won the ‘Best Corporate Card’ award at the Smart Card Awards Middle East 2013.
Bahrain has picked four banks to arrange investor meetings ahead of a potential sovereign bond issue, a document from lead managers said yesterday, with proceeds likely to be used to plug an expected budget deficit for 2013.