Banking & Finance
June 30, 2013
National Bank of Kuwait claims credit growth across many sectors
Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, today announced the launch of the “Payroll Card”.
Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, has launched the “Al Ansari Rewards, Summer Promotion 2013”.
The National Bank of Abu Dhabi organized the third Fusati Event that offered women entrepreneurs insight into wealth management across asset classes and using offshore trusts to preserve wealth.
Dubai Investments hosted a health camp for labourers at Dubai Investments Park, in association with Prime Medical Center.
June 27, 2013
Emirates NBD announced that it had won the INSIGHTS Middle East Call Centre Awards 2013 in the Best Sales Program Criteria, reflecting the customer oriented quality services offered by the bank’s call centre.
The Lebanese-Canadian Bank has reached a $102 million settlement with the U.S. government over allegations it took part in a scheme to launder drug money and other funds for terrorists.
Fitch Ratings has affirmed Oman-based Bank Sohar's Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook.
Loss-making telecom operator Zain Saudi has gained more time - until July 31 - to repay a $2.4 billion Islamic loan due on Wednesday, the company said in a bourse statement.
The National Bank of Abu Dhabi has won Hawkamah Bank Corporate Governance Award 2013 at Bankers Middle East Industry Award.
June 26, 2013
The Abu Dhabi Fund for Development has signed a memorandum of understanding with Morocco for a $1.25 billion grant to be used for the provision of key services.
Cagamas Berhad, the National Mortgage Corporation, announced the issuance of MYR 500 million three-month Islamic Commercial Papers (ICPs), while the proceeds from the issuance will be used to fund the purchase of Islamic financing from the financial system.
The National Bank of Abu Dhabi has launched an exciting International Spend Campaign where three NBAD MasterCard cardholders can each win a 2013 MINI Cooper S Coupé.
Abu Dhabi's Shuweihat 2 (S2) power plant has mandated six banks to help arrange a potential bond issue, lead arrangers said on Tuesday.
Emirates Islamic Bank announced today that it contributed AED 7 million to Dubai Healthcare Authority to support Rashid Hospital in purchasing computed tomography (CT scan) machines.