Banking & Finance
October 3, 2013
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, 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
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 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
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 set up a kiosk at Dubai Ice Rink.
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 welcomes Members and their guests for their lavish Shakespeare themed Masquerade Ball.
the total value of Iran’s capital market is half of the gross domestic production (GDP).
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
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.
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.
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.
Mashreq has extended its full fledged support to the 4th Annual Middle East SME Forum 2013.
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.