Banking & Finance

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The survey also revealed that the main reason for obtaining a loan is to a buy a car
About 34 per cent of national household heads reported that they continuously changed their mobile phones.

February 26, 2013

Balance sheets for Lebanese financial institutions are starting to look health, increasing by 14 per cent
07:30 GMT

According to the latest statistics from Lebanon's Central Bank, the balance sheets of financial institutions increased by 14 per cent.

February 25, 2013

During the event
09:15 GMT
(press release)

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution group, has been named the “Best Overall Islamic Bank in the World” by Islamic Finance News (IFN).

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange
08:59 GMT
(press release)

Al Ansari Exchange, a UAE based foreign exchange and worldwide money transfer company, has announced the launch of its ‘Pay & Win’ promotion.

During the Global Financial Markets Forum
08:10 GMT

The 2013 Global Financial Markets Forum (GFMF) kicks-off on Wednesday, 27th February 2013 at Abu Dhabi’s Emirates Palace, by speeches from renowned policymakers.

February 24, 2013

Primary investigations revealed that the suspect is also involved in promoting and selling fake bank notes
11:54 GMT

A UAE man was caught allegedly consuming the snacks he pretended to shop for at a local grocery store in one of Abu Dhabi's malls. The 'paper chase' didn't end there as the crook tried to swallow the fraudulent bank notes on his person.

Dr. Adnan Chilwan, Deputy Chief Executive Officer, DIB
11:44 GMT
(press release)

Following approval from the Securities and Commodities Authority (SCA), Dubai Islamic Bank PJSC (DIB) has published its formal offer for the shares in Tamweel PJSC it does not currently own.

During the event
11:30 GMT
(press release)

International Bank of Qatar has been recently recognized for the second year running with a Euromoney award, being awarded the “Best Private Bank for Privacy and Security in Qatar” award by Euromoney.

Al Ramz Securities
08:22 GMT
(press release)

Al Ramz Securities, one of the UAE’s leading brokerage houses, posted a market-value trade of AED 2.17 billion to emerge as the country’s top broker for the month of January 2013.

Hisham Al Rayes, Acting CEO of GFH
07:43 GMT
(press release)

Gulf Finance House, GFH, or the Bank, today announced its financial results for the fiscal year 2012.

February 21, 2013

Nabni Watan
11:57 GMT
(press release)

Gulf Bank sponsored Kuwait University’s Nabni Watan event, which took place at the Kuwait University Shuwaikh Campus from 17 – 21 February 2013.

NBAD ETF wins best exchange traded fund award
09:41 GMT

The National Bank of Abu Dhabi’s NBAD One Share MSCI UAE ETF (1UAE) has won the Best Exchange Traded Fund of the Year Award at MENA Fund Manager Awards.

Lebanon's Central Bank boss said yesterday that it has sold $2.2 billion of sovereign Eurobonds
08:23 GMT

Lebanon's Central Bank has sold $2.2 billion of sovereign Eurobonds, the Governor Riad Salemeh said yesterday.

Nimish Dwivedi, Head of Payments at Mashreq
05:32 GMT
(press release)

Mashreq’s SmartSaver MasterCard Titanium Credit Card is set to provide another first in the UAE benefit by offering genuine savings on yet another high burden expense, utility bill payments.

His Highness Sheikh Dr. Sultan Bin Mohammad Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah, visits DIB's stand
04:36 GMT
(press release)

Dubai Islamic Bank recently signed a Memorandum of Understanding with the Emirates Institute of Banking and Financial Studies at the National Career Exhibition in Sharjah.

February 20, 2013

During the event
10:47 GMT
(press release)

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, honoured Sharjah Islamic Bank.