Banking & Finance

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Since August 5, conditions in the market have made it less worthwhile to hold shekels, because the Israeli banks were willing to pay almost 1% annual interest on dollar deposits.
August 21, 2014 - 13:20 GMT
After the cannons have stopped roaring and an arrangement between Israel and Hamas is emerging, the shekel is suddenly showing weakness.

June 19, 2013

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.

Deloitte's Headquarters
13:52 GMT

New Deloitte report examines emerging regulatory and practice challenges faced by the Takaful industry

During the event
11:40 GMT

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
05:51 GMT
(press release)

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

During the opening
11:51 GMT

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.

Central Bank of Qatar
11:36 GMT

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.

Rory Gilbert, Managing Director and Head of Wealth and Investment Management, Barclays, Middle East and North Africa
10:26 GMT

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.

Michael H. Tomalin; Abdulla Bin Khalaf Al Otaiba, and senior executives of NBAD inaugurating the new branch.
08:57 GMT

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
08:00 GMT

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.

Tunis is also in talks with Qatar about the Gulf deositing at the Tunisian central bank
06:13 GMT

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
06:04 GMT

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.