Banking & Finance

Featured Story:

Islamic financial assets in Tunisia could reach $17.8-$28.5 billion by 2018
June 17, 2013 - 11:28 GMT
Tunisia's fledgling Islamic finance industry could take a 25 to 40 percent share of the country's financial sector in five years' time if necessary rules, consumer education and private investment plans materialise.

April 26, 2012

Emirates NBD, Dubai Police Tie-up
09:04 GMT
(press release)

Emirates NBD, further strengthened its long-term relationship with Dubai Police, with a series of exclusive offers on its banking products and services for Dubai Police staff.

Lebanese banks have increased their provisions against non-performing loans following the events in Syria and Egypt
08:00 GMT

Central Bank Governor Riad Salameh said Wednesday that Lebanese banks have amassed provisions to protect their equities which are not subject to prohibitions.

National Bank of Abu Dhabi
07:35 GMT

NBAD has joined Emirates Wildlife Society in cooperation with the World Wide Fund for Nature in celebrating Earth Day on April 22nd and World Turle Day on 23rd 2012.

Mr. Majed Essa Al-Ajeel, Chairman of Burgan Bank Group
05:41 GMT
(press release)

Burgan Bank Group reported today KD 17.5 million net profits for the first quarter of 2012 (growth of 48%), compared to KD 11.8 million for the same period in 2011.

April 25, 2012

INVESTBANK GAM
13:36 GMT
(press release)

INVESTBANK held its ordinary general assembly meeting for the year 2011, which took place at the bank’s new headquarters in Abdel Hamid Sharaf St. in Shmeisani.

Dr. Adnan Chilwan, Deputy CEO - Chief of Consumer & Wholesale Banking, DIB
08:45 GMT
(press release)

Dubai Islamic Bank announced the launch of the Al Islami Aquantum Dirham Certificate.

Henryk Miskiewicz
07:00 GMT
(press release)

IBQ has announced its sponsorship of this year’s Gulf Jazz Festival organized by the Scandinavian Business Council Qatar (SBCQ) and taking place on Sunday the 29th of April at 8 PM.

Mashreq Bank
06:01 GMT

Mashreq reported a 2% increase in its net profit in Q1 2012 to AED 271 million compared to AED 265.3 million for the same period in 2011.

During the Draw Ceremony at the G H Q of UAE Exchange in Abu Dhabi
05:57 GMT

Mr. P. E. Philip, Mr. Hardip Singh Sidhu, and Mr. Anish Joseph have been selected as the first, second and third prize winners, respectively, in the ended Money2anywhere Refer and Win Contest 2012, by UAE Exchange.

April 24, 2012

Burgan Bank and KACCH
12:13 GMT
(press release)

Burgan Bank reiterated its commitment to the community by rendering its support to the Kuwait Association for Care of Children in Hospitals.

Dr. Yahya A. Alyahya, GIB’s Chief Executive Officer
10:14 GMT

The international credit rating agency Moody’s Investors Service has reaffirmed Gulf International Bank’s long-term and short-term foreign currency deposit ratings of A3 and P-2 respectively.

Philip Ward, Chief Executive Officer Abu Dhabi Finance
07:56 GMT
(press release)

Abu Dhabi Finance, the Emirate’s leading home finance provider, has today revealed the launch of a special promotion for the Cityscape Abu Dhabi exhibition.

Andares photo art exhibition
05:53 GMT
(press release)

IBQ announced its sponsorship of the Peruvian photography exhibition Andares: Peruvian Paso Horse, under the patronage of the Embassy of the Republic of Peru in Qatar and its Ambassador H.E. Mr. Julio Florian.

April 23, 2012

Andre Sayegh, Chief Executive Officer, First Gulf Bank
13:06 GMT
(press release)

First Gulf Bank announced that it has witnessed yet another successful quarter for the period of Q1 2012.

BFC launches E-Payment System for PhilHealth, SSS and Pag-IBIG
12:47 GMT
(press release)

Bahrain Financing Company has announced the launch of its partnership with Ventaja to provide its Filipino customers with the ability to make payments for SSS, Pag-ibig and PhilHealth through their payment portal.