Banking & Finance

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August 4, 2013

Standard Chartered
09:21 GMT
(press release)

Standard Chartered has announced that runners can register for the Standard Chartered Dubai Marathon 2014 from today.

August 1, 2013

UAE Exchange
10:18 GMT

UAE Exchange believes that Education is the most powerful weapon which can change the world.

July 31, 2013

13 sectors showed a collection of 656.3 points for the day
14:55 GMT

Saudi Arabia’s benchmark stock index (TASI) recorded a handsome gain of 0.90 percent, closing at 7,863.83.

July 30, 2013

Venkat Menon Receiving The Award
10:48 GMT
(press release)

Burgan Bank announced today that it has won the coveted “Best Domestic Retail Bank of the Year” award from the Asian Banking and Finance Magazine.

Doha Bank Car Loan
10:33 GMT
(press release)

Doha Bank, the leading private commercial bank in Qatar, is offering customers seeking car loans, enhanced benefits including the most competitive loan rates with leading car dealers.

The 13 banks booked $90.06 million in credit loss provisions during the period, down from $141.12 million in the same quarter of 2012
06:47 GMT

The Lebanese banking sector could see profits drop by up to 20 percent over the next year if the political stalemate in the country persists, the head of the Association of Banks in Lebanon warned.

July 29, 2013

National Bank of Abu Dhabi
11:14 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, announced the donation of AED15 million to a number of charitable and humanitarian organizations in the UAE.

Nimish Dwivedi, Head of Cards at Mashreq
09:36 GMT
(press release)

UAE’s leading financial institution, Mashreq announced the re-launch of the Grand Entertainment Credit Card, its co-branded credit card with Grand Cinemas.

Mr. Wasef Jabsheh, Vice Chairman and Chief Executive Officer of IGIH
06:09 GMT

International General Insurance Holdings Limited (IGIH) today reported earnings for the 1st half, 2013 financial year.

July 28, 2013

Total public revenue fell 1.5 per cent during the five-month period to RO6bn from RO6.1bn in the same period last year
10:10 GMT

Oman posted a budget deficit of RO110.4mn for the first five months of 2013 against a surplus of RO1.58mn in the corresponding period of last yearز

NASDAQ Tower, Al Ramz
09:45 GMT
(press release)

Al Ramz Securities, one of the UAE’s leading brokerage houses, has announced that it has received the ‘Retail Broker of the Month Award’ for the month of June 2013 from NASDAQ Dubai.

New regulations to appoint legal banking experts
09:42 GMT

The UAE Banks Federation has succeeded in laying down the regulations of appointing legal banking experts.

During the event
06:37 GMT
(press release)

Jordan Ahli Bank’s Small and Medium Enterprise Academy recently hosted a training session on the Jordanian Labor Law in collaboration with the Noor Initiative for Legal Training.

Al Hilal Bank
06:05 GMT
(press release)

Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution Islamic banking system from International Turnkey Systems.

Arab Bank
06:00 GMT
(press release)

Arab Bank Group posted an increase of 7.5% in its net profit in the first half of 2013 to reach USD 387 million compared to USD 360 million for the same period in 2012. Net income before tax grew to USD 511 million.