Banking & Finance

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BLOM Bank, Bank Med and Bank Audi all were upgraded from "negative" to "stable" under Standard & Poor's ratings (File Archive)
April 20, 2014 - 09:17 GMT
Standard & Poor's has raised its outlook for several Lebanese banks in what may be the latest sign of a recovering economy in this MENA country.

March 17, 2013

Adnan Chilwan, Deputy Chief Executive Officer, DIB
12:29 GMT
(press release)

Dubai Islamic Bank announced that it has extended the deadline for acceptance of Tamweel share swap applications.

Kuwaiti authorities are said to have reached an agreement on a bail out scheme for banks in the country
10:48 GMT

Kuwaiti authorities are said to have reached a provisional agreement under which its Government will buy out billions of dollars of bank loans and reschedule them interest free.

Bankers applaud at a GCC summit in Bahrain
08:51 GMT

The Bank of Sharjah approves 10% cash dividend to shareholders

Burgan Bank
08:27 GMT
(press release)

Burgan Bank has inaugurated recently a new branch located in Khaitan, extending the bank’s offer of financial services to residents of Khaitan, and continued focus on client service.

Ladder Deposit
05:03 GMT
(press release)

Burgan Bank announced the launch of Ladder Deposit - a new product designed for the needs of Premier customers.

Gulf Bank team along with KOC management team
04:37 GMT
(press release)

Gulf Bank has sponsored the ‘Fifth Town Hall Meeting and Exhibition between KOC and Contractors’, which was held at the Mishref International Fairgrounds, from 5th - 7th of March 2013.

March 14, 2013

Operation Smile
10:00 GMT
(press release)

Operation Smile UAE announced today that it will be organising a three-day vital cleft care conference in Abu Dhabi next week for Speech and Language therapists from the region, with the support of Gulf Capital.

Mr. Fawzy Al-Thunayan, General Manager of Board Affairs and Ms. Salma Al Hajjaj, General Manager of Human Resources at Gulf Bank along with the winning team
07:14 GMT
(press release)

Gulf Bank has applauded the success of its first Gulf Bank Football Tournament, which was organized by the Bank’s internal communications team to help support and strengthen its relationship with its employees.

The head of the EBRD will visit Jordan next week
07:02 GMT

President of the European Bank for Reconstruction and Development, Suma Chakrabarti, will visit Jordan next week.

March 13, 2013

Burgan Bank Group Branch Details
08:56 GMT
(press release)

Burgan Bank Group announced today that it has won the Best Banking Group in MENA award for the second consecutive year from Global Banking & Finance Review.

A group of female participants at the 2013 EAFL were given a guided tour
08:30 GMT
(press release)

Emirates NBD organised a visit to the Emirates NBD Pearl Museum for the attendees of the Ladies Morning at the 2013 Emirates Airline Festival of Literature.

Nasser Ahmed Khalifa Alsowaidi, the Chairman of NBAD
04:44 GMT

The National Bank of Abu Dhabi's annual general meeting held in Abu Dhabi, approved the distribution of cash dividend of 35% and stock dividend of 10% for the financial year ended 31 December 2012.

March 12, 2013

Mastercard Consumer Confidence Infographic
09:19 GMT
(press release)

MasterCard has revealed the results of the latest MasterCard Index of Consumer Confidence.

Tirad Al-Mahmoud receiving the award
08:52 GMT
(press release)

Euromoney magazine has named Abu Dhabi Islamic Bank as the Best Islamic Bank in the UAE and awarded the top-tier financial services group its “Islamic Finance Deal of the Year.

NCB Capital
04:42 GMT
(press release)

NCB Capital expects the long-term outlook to remain strong.