Banking & Finance
December 8, 2014
While there was no fundamental reason for such a steep drop by Dubai's biggest listed property firm, the most likely explanation was a sell-off by investors.
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, commemorated the 43rd UAE National Day by organising a special ceremony held recently in Dubai.
Doha Bank recently hosted a bowling and billiards tournament for its staff members and their families as part of its year-round employee engagement program.
December 7, 2014
Standard and Poor's has lowered the outlook for Saudi Arabia to stable from positive and Oman to negative on sliding oil prices.
Sharjah Islamic Bank was awarded the Quality Assurance Certification by the Institute of International Auditors (IIA), USA branch.
Emirates NBD, a leading bank in the region, today announced the launch of a campaign offering free local transfers to any bank account in the UAE.
December 4, 2014
Doha Bank, the leading private commercial bank in Qatar, has successfully closed a Project Finance deal of KD 25 Million with Kharafi National of Kuwait.
As recently as last month, the International Monetary Fund predicted Saudi Arabia would enjoy a fiscal surplus of 1.6 per cent of gross domestic product in 2015. Now, private economists are talking of a deficit of over 1 per cent..
Emirates NBD, a leading bank in the region, paid tribute to His Highness the late Sheikh Zayed Al Nahyan, and created a calligraphy portrait of the father of the nation at Dubai Mall.
December 3, 2014
National Bank of Oman today announced the appointment of His Excellency Abdul Rahman bin Hamad Al Attiyah and Mr. Mohammed Ismail Mandani Al Emadi to the Board.
Emirates NBD, a leading bank in the region, today announced that it has extended its DirectRemit 60 seconds money transfer service to the Philippines.
December 2, 2014
Burgan Bank, Kuwait’s second largest commercial bank by assets, announced today the successful completion of its capital increase through the rights issuance announced earlier.
NCB Capital has been named the best overall Research House in the annual Euromoney Middle East Equity Research awards for 2014.
December 1, 2014
Saudi Arabia’s market regulator has suspended the local unit of accountancy firm Deloitte & Touche from doing auditing work.
National Bank of Fujairah (NBF) has announced that thirteen UAE Nationals joined the fifth iteration of its Management Trainee Programme (MTP) today.