Banking & Finance
June 19, 2013
Foreign direct investment, or FDI, into Arab world rose by nearly 10 per cent in 2012 led by Saudi Arabia and the UAE, according to a latest report.
As Emirates NBD announced plans to celebrate the 50th anniversary of its establishment as the first national bank in the UAE.
Islamic banking has taken the world of finance by storm setting new benchmarks for transparent, ethical, and accountable banking practices.
The Higher Colleges of Technology (HCT) named the National Bank of Abu Dhabi (NBAD) Employer of the year for its outstanding support for the College during the 2012-2013 academic year.
June 18, 2013
The Central Bank of Bahrain (CBB) announced that this week's BHD 35 million issue of Government Treasury Bills has been oversubscribed by 123 per cent.
New Deloitte report examines emerging regulatory and practice challenges faced by the Takaful industry
National Bank of Kuwait Group and Kuwait Telecommunication, VIVA, have yesterday signed a multi-currency financing agreement of USD 270 million to finance VIVA’s plans..
NCB Capital gives the sector a positive outlook due to growth in demand supported by a young and growing population, and expansions into new segments.
June 17, 2013
National Bank of Kuwait (NBK), Monday, 17 June, 2013, opened its new branch in Abu Dhabi, the second in the United Arab Emirates (UAE), under the patronage of the UAE Central Bank.
Qatar's central bank has tightened its curbs on how much banks can invest in stocks and bonds, according to a circular released by the central bank.
High net worth individuals in the Middle East are more confident about the increasing speed of wealth creation than those in any other market, the latest report in the Barclays Wealth Insights series reveals.
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, launched a branch in City Tower 2 in Dubai.
United Arab Bank has announced a strategic partnership with one of the leading exchange companies in the region, Al Ansari Exchange, providing an additional payment collection arm for its credit card customers.
Tunisia has won $1.2 billion in funding from the Saudi-based Islamic Development Bank (IDB), aimed at backing industrial, agricultural and trade projects in the country whose finances have been weak since a revolution two years ago.
June 16, 2013
National Bank of Kuwait (NBK) enjoys the largest international network of any Kuwaiti bank, offering its customers access to 16 markets in four continents around the world.