Banking & Finance
May 19, 2013
Emirates Islamic Bank announced the launch of Win back your Personal Finance campaign that offers customers the opportunity to win three prizes of up to a maximum of AED100,000 each.
Gulf Bank held its Al Danah daily draws on May 12th 2013, announcing the names of its winners for the week of May 12th to May 16th.
The banking system in Qatar has been robust, with a compounded annual growth rate (CAGR) of 20 percent in assets from March 2008 - March 2012 and another 20 percent in the year to March 2013.
May 16, 2013
Saudi banks continue to support the macroeconomic conditions by providing the necessary financing for local businesses.
Emirates Islamic Bank participated in the Employment Expo 2013 hosted by Abu Dhabi Men’s College.
In December 2010 Al Hilal selected The Core Banking Group’s industry leading testing software - TestManager.
His Highness Sheikh Majid bin Mohammed bin Rashid Al Maktoum presented the “Sheikh Mohammed Bin Rashid Al Maktoum Patrons of the Arts” award to Alpen Capital and Bank Sarasin-Alpen.
Dubai Islamic Bank Group announced that its Long Term Issuer ratings have been affirmed by Moody’s at Baa1
Positive global equity markets rubbed off on the Muscat Securities Market general index, which closed Wednesday's trading up 0.53 per cent at 6,352.19.
May 15, 2013
The private placement amounting to 5.28 per cent shareholding stems from the bank’s overall capital augmentation plan.
Al Ansari Exchange has donated AED 1 million to the Humanitarian Care Section of the Department of Correctional and Punitive Institutions at Dubai Police.
Oman National Investment Corporation Holding (ONIC) has reported a net profit of RO3.08mn for the first quarter ended March 31, 2013.
May 14, 2013
The Central Bank of Oman has urged licensed banks operating in the Sultanate to show more interest in financing small and medium enterprises.
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, will sponsor the Abu Dhabi Investment Forum (ADIF) to take place May 22nd, 2013 in Paris, France.
Sheikh Majid bin Mohammed bin Rashid Al Maktoum award to Alpen Capital and Bank Sarasin-Alpen on 13th May 2013 at an awards ceremony held at the JW Marriott Marquis Hotel.