Banking & Finance
August 26, 2013
Ahli United Bank has been recognized as the region’s top bank for asset management, as revealed by the MENA Asset Managers Survey.
August 25, 2013
UAE’s oldest savings scheme MashreqMillionaire announced two winners for the month of July, walking away with AED 1 Million each.
Aligned with its aims to support physical education, Jordan Ahli Bank recently sponsored the Summer School at the Orthodox Club.
Dubai Islamic Bank has announced an agreement with the Mohammed Bin Rashid Housing Establishment to assist UAE nationals fulfill their basic housing needs.
National Bank of Kuwait has been listed among the 50 safest banks in the world. NBK ranked 37 on the list.
August 22, 2013
ODB, which had a net loan portfolio of 100 million rials ($260 million) as of August 2012, already offers interest-free loans of up to 5,000 rials but they are technically not sharia-compliant.
Al Hilal Bank has announced that its unique ‘Art of Donation’ charity campaign was a huge success particularly over the internet, where it received over 84,000 ‘smiles.’
August 21, 2013
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has awarded selections of iPhone 5, Samsung S4 and iPad to the top 30 winners of International Transfer Campaign.
August 20, 2013
United Arab Bank has introduced a free mobile banking app allowing its customers to have secure and easy access and a way of managing their accounts whilst on the move and unable to visit their bank and other off-site channels.
Emirates Islamic Bank announced the successful completion of its foreign currency bank note exchange campaign.
August 19, 2013
In line with its Corporate Social Responsibility, UAE’s leading financial institution Mashreq recently held initiatives to mark ‘Zayed Humanitarian Work Day’.
HSBC Middle East have renewed their partnership for the second year in a row to empower 200 orphans and underprivileged youngsters.
August 18, 2013
"The riyal's (QAR) peg to the dollar is the cornerstone of the country's monetary policy," The Peninsula newspaper reports the Qatar Central Bank (QCB) as stating.
Syrian authorities have shut down a money exchange office in Damascus and made several arrests as a part of a campaign to curb illegal currency trading.
The total value of Iran’s capital market is half of the gross domestic product (GDP).