Banking & Finance

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United Arab Bank (UAB)
January 19, 2015 - 14:25 GMT
United Arab Bank, UAB, has made a contribution of AED250,000 to Al Thiqah Club for the Handicapped, another milestone in the Bank’s long-standing relationship with an organisation that provides invaluable support for people with special needs in the UAE.

October 3, 2013

Nimish Dwivedi, Head of Payments at Mashreq
09:20 GMT
(press release)

Mashreq, which won both the Best Credit Card and Best Debit Card award earlier this year,announced its fantastic offer during Gitex for all its credit and debit card members.

NCB Capital
07:05 GMT
(press release)

NCB Capital, the GCC’s leading wealth manager and the Kingdom’s largest asset manager, believes that the strong macroeconomic drivers of Saudi Arabia keep the long-term outlook of the sector positive.

October 2, 2013

During the signing ceremony
12:18 GMT
(press release)

Mashreq and UNB have announced the successful signing of AED 392 million syndicated contracting facility for financing the bonding and working capital requirements to carry out the Electrical Works being undertaken for the expansion of MTC.

Abu Dhabi Commercial Bank
10:07 GMT

Abu Dhabi Commercial Bank released its 2012 Sustainability Report, demonstrating the Bank’s ongoing commitment to transparent disclosure and its genuine concern for social and environmental issues.

October 1, 2013

Yasser Geissah, the Head of Equity Capital Markets at NBAD
13:13 GMT

The National Bank of Abu Dhabi has appointed Yasser Geissah to the newly created position of Head of Equity Capital Markets to oversee the Bank’s operations in execution of initial public offerings.

Emirates Islamic Bank
12:14 GMT
(press release)

Emirates Islamic Bank set up a kiosk at Dubai Ice Rink.

Emirates NBD
11:58 GMT
(press release)

Emirates NBD offered customers and fans the chance to meet footballing legend and ex-Manchester United star Andrew Cole at the Dubai Ice Rink, The Dubai Mall.

The Capital Club
08:54 GMT
(press release)

The Capital Club welcomes Members and their guests for their lavish Shakespeare themed Masquerade Ball.

Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.
05:30 GMT

the total value of Iran’s capital market is half of the gross domestic production (GDP).

Regarding consumer loans, Qatar registered the biggest growth rate among the GCC countries at 9.7 percent.
05:30 GMT

The volume of personal loans granted to the GCC citizens exceeded SR1.33 trillion ($355.3 billion) by the end of Q1, 2013.

September 30, 2013

During the conference
10:05 GMT
(press release)

First Gulf Bank, one of the major leading banks in the UAE, is moving forward with its local and international expansion and restructuring plans, with a focus on both of its consumer and corporate arms.

Many visually impaired people believe banks could partially ease their situation if they provided ATMs with electronic sounds.
10:03 GMT

In Lebanese society, the visually impaired face a host of problems in their daily lives, including dealing with money. On top of being cheated in daily transactions, banks provide no clear mechanisms for blind people to open and manage accounts independently.

Mark Watts, General Manager, Head and CIO of NBAD’s Asset Management Group
09:46 GMT

The National Bank of Abu Dhabi’s Cautious Income Fund will pay to its investors a semi-annual distribution equal to 3.34% of the unit net asset value of US$5.3256 being the NAV as on September 26th, 2013.

Rohit Garg, Head of Business Banking, Mashreq
09:28 GMT

Mashreq has extended its full fledged support to the 4th Annual Middle East SME Forum 2013.

The Global Islamic Economy Summit will initiate a critical dialogue on the development of the integrated sectors covering Islamic financial services, Halal manufacturing and related lifestyle sectors (Photo credit: Shutter Stock).
08:57 GMT

According to Howarth, over the next 30 years, 70 per cent of global population growth will be in Muslim countries as the Muslim population of 1.6 billion is growing at twice the rate of the global population thus representing the fastest growing consumer segment in the world.