Banking & Finance
October 8, 2013
Following the expansion plan of Abu Dhabi Islamic Bank (ADIB) - Egypt in the Egyptian market, ADIB Egypt, launched its new campaign entitled "Saving Festival".
October 7, 2013
Al Hilal Bank (AHB), rated A1by Moody's and A+ by Fitch, priced its highly successful debut USD 500 million Sukuk issued at par with 3.267 per cent semi-annual profit rate.
Dubai Islamic Bank has announced that it is offering free remittances for its customers transferring funds to Pakistan.
HSBC and NCB Capital announced the completion of the largest ever government guaranteed Sukuk in Saudi Arabia for the General Authority of Civil Aviation.
October 6, 2013
A Syrian caught trying to smuggle 500,000 euros in cash through Kuwait airport said that he had received the money from charity organisations.
“The repercussions of a US default will be catastrophic for the global economy, but we are far from that," said chief investment strategist at Masic.
Al Ansari Exchange has announced the launch of a new rewards program for customers transmitting money to any Arab country from any Al Ansari Exchange branch in the UAE. The program will run until November 30, 2013.
October 3, 2013
Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, today announced the winner of the recently completed card design competition for talented young artists.
Mashreq, which won both the Best Credit Card and Best Debit Card award earlier this year,announced its fantastic offer during Gitex for all its credit and debit card members.
NCB Capital, the GCC’s leading wealth manager and the Kingdom’s largest asset manager, believes that the strong macroeconomic drivers of Saudi Arabia keep the long-term outlook of the sector positive.
October 2, 2013
Mashreq and UNB have announced the successful signing of AED 392 million syndicated contracting facility for financing the bonding and working capital requirements to carry out the Electrical Works being undertaken for the expansion of MTC.
Abu Dhabi Commercial Bank released its 2012 Sustainability Report, demonstrating the Bank’s ongoing commitment to transparent disclosure and its genuine concern for social and environmental issues.
October 1, 2013
The National Bank of Abu Dhabi has appointed Yasser Geissah to the newly created position of Head of Equity Capital Markets to oversee the Bank’s operations in execution of initial public offerings.
Emirates Islamic Bank set up a kiosk at Dubai Ice Rink.
Emirates NBD offered customers and fans the chance to meet footballing legend and ex-Manchester United star Andrew Cole at the Dubai Ice Rink, The Dubai Mall.