Banking & Finance
October 1, 2012
New banking regulations in the UAE are stuck in no mans land as the Emirates Banks Association asks for more time to comply with the rules, but the Central Bank has yet to announce whether the laws will be enforced.
Al Hilal Global Sukuk Fund has delivered a strong performance of 4.3 percent in only six months since its launch in March 2012.
September 30, 2012
Jordan Ahli Bank collaborated with Oasis 500 and the Royal Scientific Society to host the Massachusetts Institute of Technology (MIT) MBA student delegation’s visit to Jordan.
September 27, 2012
The National Bank of Abu Dhabi has partnered with American University of Sharjah to jointly develop training programmes and cooperate on recruitment, sponsorships and job training.
Egyptian one-pound notes still represent legal tender, regardless of their recent replacement with metal coins.
Fitch Ratings have confirmed Bank Muscat's status, reflecting the high probability of the Omani governments support in the event of a banking crisis.
The Ministry of Finance (MoF) announced yesterday the launch of an automated budgeting system for independent federal entities in Abu Dhabi.
Gulf Bank announced that it has been awarded 1st place for the Localization Award from the GCC Council of Ministers of Labour and Social Affairs for the eighth consecutive year.
September 26, 2012
Egyptian stocks roared firmly into the green on Tuesday as President Morsi's visit to the US signalled a calming of recent tensions with Washington and officials in Cairo talked of ambitious new development projects to kickstart the troubled economy.
Abu Dhabi Islamic Bank announced the launch of the UAE’s First Islamic Telecom Card in partnership with Etisalat and Visa International.
The banking sector in the UAE remains cautious over lending, after the 2008 financial crisis that hit the Emirate. Credit to the government expanded by nearly AED9 billion in the first four months of 2012.
IBQ announced the addition of structured products to its suite of wealth management products.
September 25, 2012
National Bank of Kuwait (NBK) received “The Localization Award” from the GCC Council of Ministers of Labour for the second consecutive year.
Arab Bank has announced the winners of its new campaign Win back the value of your spend with Arab Bank Visa Cards which the Bank launched in August of this year.
Mashreq in the UAE has always been a market leader when it comes to innovation.