Banking & Finance
May 23, 2013
National Bank of Abu Dhabi graduated 253 employees who successfully completed Al Manara, a branch management and operations training programme.
The Islamic Development Bank Group has decided to increase its authorized capital from $ 45 billion (30 billion Islamic dinars) to $ 150 billion (100 billion dinars) on the recommendation of the two extraordinary Islamic summits held in Makkah.
May 22, 2013
Standard Chartered Bank’s MasterCard Titanium Credit Card won the “Best New Credit Card in the Middle East” award during the Cards Middle East Forum 2013.
Saudi economic growth will slow to 4.4 percent in 2013 from 6.8 percent last year due to an expected fall in oil production, and cuts in government spending, the International Monetary Fund said Tuesday.
National Bank of Kuwait has signed a financing agreement with a Joint Venture led by Associated Construction Co to finance Al Amiri Hospital Expansion project.
May 21, 2013
Emirates NBD, a leading bank in the region, announced today the launch of RISE - a brand new initiative from the Business Banking division.
Emirates Islamic Bank, one of the leading Islamic financial institutions in the UAE, announced recently the names of winners in the quarterly raffle draw of its popular Kunooz Value Plus Account.
As part of its ongoing aims to enrich the market with innovative financial products and services, Jordan Ahli Bank recently introduced its flagship “Go Green Loan” program.
May 20, 2013
Ahli United Bank is rapidly expanding Point of Sale Acquiring in Bahrain with state of the art systems and terminals and innovative features.
Experts and senior analysts from HSBC discussed how China’s businesses and Renminbi currency are playing an increasingly important role in world trade during a seminar organized for HSBC Bank Oman’s corporate clients.
Yields on Egyptian three- and nine-month treasury bills climbed on Sunday and the auction's size was reduced after a new central bank decree limited the amount of funds that banks can channel into money market funds to buy T-bills.
Visa announced the launch of an in-depth study of the rapidly-growing e-commerce market across the Middle East and North Africa region.
Commercial Bank of Qatar hosted the inaugural monthly meeting of the Chief Executives of Commercial Bank’s Alliance banks.
Mashreq won over the independent panel of expert judges to walk away with two of the most coveted trophies of the evening viz.
Shura Council decision to raise taxes on loan loss provisions at nation's banks is met by anger; banking officials are slated to meet with newly-appointed finance minister to discuss issue.