Recent

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
May 04, 2015 - 10:36 GMT
Burgan Bank Group announced its first quarter earnings for 2015 reflecting a continuation of the faster than market growth trend the bank is consistently demonstrating while continuing to prudently build coverage amid the complexity of the regional operating environment.
Tooran Asif, Head of Personal Banking at Mashreq
May 04, 2015 - 08:51 GMT
Mashreq, a leading financial institution in the UAE recently announced a new service for its customers.
Lebanon is the eighth most expensive destination for sending $500 from the US among 30 countries with available data. (Pixabay)
May 04, 2015 - 08:39 GMT
The cost of sending $500 in remittances from the United States to Lebanon reached 5.29 percent in the first quarter of 2015, increasing from 5.26 percent in the fourth quarter of 2014, according to the World Bank.
Qatar Society Rehabilitation
May 04, 2015 - 08:23 GMT
Doha Bank recently offered financial support to the Qatar Society for Rehabilitation of Special Needs for purchase of medical equipment.
Alex Thursby, NBAD’s Group Chief Executive Officer
May 03, 2015 - 11:42 GMT
The National Bank of Abu Dhabi (NBAD) has launched the “West-East Corridor (WEC) Africa & Asia Frontier Market Fund”.
The company's trade creditor sukuk of Dh4.4 billion ($1.19 billion) is due to be paid in August 2016. (Pixabay)
April 30, 2015 - 15:40 GMT
Dubai-based developer Nakheel said its net profit more than doubled to Dh1.35 billion ($357 million) in the first quarter from Dh629 million ($171.2 million).
Al Ansari Exchange
April 30, 2015 - 12:28 GMT
Al Ansari Exchange has announced its recent move to exempt its Nepalese customers from being charged money transfer fees when using the Worldwide Cash Express’ money transfer service for a period of two weeks.
The increase in home prices continues, and new mortgage volume remains elevated. (Wikimedia Commons)
April 29, 2015 - 22:03 GMT
As most analysts had predicted, the Bank of Israel has kept the interest rate for May unchanged.
Obaid Al Shamsi, Chief of Human Resources and Admin, Dubai Islamic Bank
April 29, 2015 - 10:45 GMT
Dubai Islamic Bank, the largest Islamic Bank in the UAE, reiterates its support for Emiratisation through its participation at the 15th edition of “Careers UAE”.
During the signing
April 29, 2015 - 08:54 GMT
The Ministry of Finance (MoF) signed an agreement with Dubai Trade yesterday, where the latter will be adopting the e-dirham system to collect service fees.
Trade losses also mounted due to instability in the northern neighbour country and prompted Jordan to close its northern border. (File image)
April 29, 2015 - 07:30 GMT
The World Bank Group (WBG) is considering new financing tools to help Jordan cope with financial burdens caused by the influx of hundreds of thousands of Syrian refugees.