Banking & Finance
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March 29, 2012
Dubai Islamic Bank announced that it has repaid in full a USD 750 million five-year Sukuk, which matured on March 22, 2012, from its own sources.
March 28, 2012
The National Bank of Fujairah announced that it has won the Best Trade Finance and Best Treasury Management awards at the Banker Middle East Product Awards 2012.
Burgan Bank announced today the launch of new and improved Mobile Banking SMS Service in its commitment to deliver the best and easy to use services to its customers.
March 27, 2012
With the draft laws for Islamic banking almost complete, Oman will also alter its existing regulations for banking in the Sultanate to incorporate Islamic finance.
Emirates NBD, a leading bank in the region, announced today, that it was organising a series of wealth management Roadshows for its Priority Banking customers.
IBQ has confirmed once again its support and participation at the upcoming 2012 Qatar Career Fair which will take place this April from the 1st to the 5th at the Qatar National Convention Centre.
Alpen Capital today announced the publication of its GCC Construction Industry Report as a part of its Industry Research services.
Burgan Bank announced today that it has entered into a new collaboration with New Abha and Abha Dental Specialty Centers to provide its customers a special discount on dental care services.
March 26, 2012
International General Insurance Holdings Limited (IGIH) today reported earnings for the 2011 financial year.
A report, issued by Global Investment House says the rate of Saudi GDP, which stood at 3.3 percent during 2011-2010, hit 6.8 percent in 2011 compared to 3.8 percent in 2010.
Bahrain Financing Company has kicked-off its new campaign The Big Win.
Barclays was awarded the ‘Restructuring Deal of The Year’ at the Islamic Finance News Awards Ceremony 2012 which took place in Dubai.
March 25, 2012
First Gulf Bank announced that its International Business Division has recently signed an agreement worth USD 350 million with PT Asmin Koalindo Tuhup, one of Indonesia’s largest producers of Coking Coal.
Al Ansari Exchange has announced that it has signed an agreement with International Money Express, Nepal’s leading money transfer company, offering remittance services to Nepal through Cash Express service.
National Bank of Kuwait Kingdom of Bahrain reported net profits of USD 70 million in 2011 compared with USD 65 million in 2010, a growth of 8%.
