Banking & Finance
August 7, 2014
Gulf Bank’s special commercials for Ramadan this year proved to be highly popular with YouTube viewers, ranking #1 in viewership with more than 700 thousand views throughout the Holy Month.
The Islamic Affairs Ministry announced the same day it was suspending all types of fund-raising inside mosques, including for the “Syrian people”.
International General Insurance Holdings Limited (IGIH) today reported earnings for the 1st half, 2014 financial year.
August 6, 2014
Emirates Islamic, announced the launch of a two-month campaign aimed at encouraging customers to increasingly use the bank’s digital banking platforms.
Turkey's economy minister joined a government-led chorus suggesting that the country is being treated unfairly by international rating agencies.
August 5, 2014
In January Abu Dhabi Equity Partners invested in a livestock financing programme to fund the fattening of 70,000 cattle heads - the equivalent of entire UAE's annual import of beef.
Burgan Bank announced today that it has won the coveted ‘Best Domestic Cash Management Bank of the Year” award from the Asian Banking and Finance Magazine’s Wholesale Banking Awards 2014 in Singapore.
Affirming its commitment to its customers, UAE’s leading financial institution announced a host of exceptional surprises including additional rewards for its debit and credit cardholders during Dubai Summer Surprises (DSS) 2014.
Foreign investors spend a total of $941 million on Saudi proxy shares last month, more than double the amount in June after an announcement promised full ownership rights early next year.
August 4, 2014
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has announced today that it has signed an agreement with Union Properties PJSC, the property developer, to provide it with an AED 360 million re-financing facility.
In continuation of its free training programs geared toward SMEs, Jordan Ahli Bank's Small and Medium Enterprise (SME) Academy Unit recently held a new training workshop on essential human resources planning.
Interactive Intelligence Group reported record attendance at its global INTERACTIONS 2014 customer and partner conference, which drew 2,200-plus attendees from 42 countries.
Dubai Investments said on Sunday that its net profit for the first six months of the year more than doubled, on the back of gains from the divestment of one of its assets.
August 3, 2014
Investment Dar has been embroiled in a long-running legal battle with Commercial Bank of Kuwait over a stake in Kuwaiti Islamic lender Boubyan Bank.
Egypt's stocks hit a whopping rise on Thursday in the first trading following Eid Al-Fitr holiday, as the main index registered its highest increase in six years.