Banking & Finance
September 2, 2013
Mashreq, the UAE’s leading financial institution, announces the launch of the new Snapp, the region’s best mobile banking service now on the Windows 8 platform.
Arady Developments announced the launch of its 48-storey residential tower, a part of the prestigious ‘Central Park’ project at the Dubai International Financial Centre.
September 1, 2013
“Existing Wealth customers will continue to receive basic services and their wealth investments will be maintained until maturity."
Emirates NBD as the main sponsor of its various activities for the fifth consecutive year.
HSBC Bank Oman has rewarded five lucky Mandoos Savings Scheme customers with cash prizes of 20,000 Omani Riyals each.
The pound seemed to recover slightly on the black market, but was still much weaker than before Western powers weighed military options.
Overall, assets of the top ten GCC banks grew by 16 percent in twelve months to end–June 2013 to reach $743 billion.
As perits strategy,Jordan Dubai Islamic Bank (JDIB) has implemented Microsoft’s Virtual Desktop Infrastructure (VDI), making it the first bank in the Kingdom to benefit from this solution.
August 29, 2013
Emirates Islamic Bank recently held an open day for UAE National job seekers at Emirates Institute for Banking and Financial Studies in Dubai International Academic City.
After Tuesday’s massive sell off in UAE and Saudi Arabia’s stock markets, which was triggered by concerns over possible military action against Syria, selling pressure in both somewhat abated yesterday as investors stepped in to take advantage of the fall in share prices and buy bluechip stocks.
August 28, 2013
UAE’s leading financial institution Mashreq announced the launch of ‘Mashreq Payport’, the region’s first fully EMV Chip & PIN compliant mobile POS solution.
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Nilanjan Ray as the Head of Commercial Banking - Gulf.
August 27, 2013
"The extent of the drop doesn't make sense and people are over-reacting because local fundamentals are strong and even if there is a war, I don't see it significantly impacting Gulf countries," said Yassir Mckee.
A trial is scheduled to take place in January 2014, marking the first time a bank has been tried in the U.S. for terrorism financing under the act.
“This is a drive by the UAE and the GCC states to exercise pressure on the Turkish government to do a U-turn on their position towards the Egyptian cause. The step by the UAE is a consequence of the Turkish government’s stance towards Egypt,” Ashour said.