Banking & Finance

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CEO of Emirates NBD, Shayne Nelson, said in-market mergers  work better monetarily (File/AFP)
August 26, 2014 - 07:31 GMT
It's getting too crowded in the UAE banking sector with too many lenders competing with one another to please a small population, according to a senior banker.

June 23, 2013

During the event
08:12 GMT
(press release)

Doha Bank has been named the “Best Regional Commercial Bank in the Middle East 2013” at the Banker Middle East Industry Awards on 19th June 2013 at the Emirates Towers Hotel in Dubai, UAE.

NCB Capital
08:00 GMT
(press release)

NCB Capital believes that growth in the sector will remain driven by the broadband and corporate segments.

André Sayegh, CEO of FGB
06:51 GMT
(press release)

FGB announces that it has signed an agreement to acquire Dubai First, the consumer financial services business, from Dubai Financial Group LLC for AED601 million in cash.

During the celebration
06:28 GMT

Qatar Green Building Council honoured its volunteers at an end of season appreciation ceremony marking nine months of achievement.

During the event
06:11 GMT
(press release)

Jordan Ahli Bank recently supported “Endeavor Jordan” in its second edition of its Local Selection Panel session (LSP).

Best Risk Management and Best Domestic Bank awards
06:09 GMT
(press release)

Gulf Bank announced that it has been honored with the Best Risk Management and Best Domestic Bank awards for 2013 from Banker Middle East.

June 20, 2013

During the event
12:18 GMT
(press release)

First Gulf Bank one of the major leading banks in the UAE, has been awarded the ‘Best Bank in the United Arab Emirates’ and ‘Best Bascassurance’ titles at the Banker Middle East Industry Awards 2013.

Hany Samir, the Head of Custody and Co-Head of Securities & Funds Administration Services at NBAD
10:52 GMT

The National Bank of Abu Dhabi now provides clients up-to-date global securities market news through Thomas Murray Data Services, the global leader in the provision of market risk assessments.

Tunisia's national flag
10:00 GMT

Tunisia's first issue of a sukuk (Islamic bond) is likely to be postponed to next year, adding to pressure on government finances, because of disruptions to legislative business.

June 19, 2013

Launch of Mashreq's E Cube Retail Concept
12:40 GMT

Mashreq has officially set the standard regionally.

The UAE ranked second and its inflow rose 25 per cent to $9.6 billion
11:29 GMT

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.

Ahmed Bin Sulayem, Executive Chairman, DMCC
11:18 GMT
(press release)

As Emirates NBD announced plans to celebrate the 50th anniversary of its establishment as the first national bank in the UAE.

Afaq Khan - CEO of Standard Chartered Saadiq
10:05 GMT
(press release)

Islamic banking has taken the world of finance by storm setting new benchmarks for transparent, ethical, and accountable banking practices.

Sheikh Hasher Bin Maktoum Bin Juma Al Maktoum, Director General of Dubai Information Department presents the award to Ms. Ghadeer Al Khalsan, Emarati Development Manager at NBAD
09:00 GMT

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

Central Bank of Bahrain
13:57 GMT

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.