Banking & Finance
September 30, 2013
NCB Capital, the GCC’s leading wealth manager and the Kingdom’s largest asset manager, believes that growth in the sector will remain driven by the broadband and corporate segments.
September 29, 2013
In a recent report, the International Monetary Fund estimated that Dubai’s total debt stands at $142 billion, or around 102 per cent of its GDP, with $35 billion of that amount in government and government-guaranteed debt.
Emirates NBD announced the renewal of its partnership agreement with Mohammed Bin Rashid Housing Establishment for the third year running.
Emirates Islamic Bank hosted a special “Back to School” day out for orphans and children from low income families in Dubai.
The UAE is considering whether to impose a tax on the billions of dollars which foreign guest workers send back to their home countries every year, government and banking sources said.
September 26, 2013
Emirates NBD Asset Management announced that it has been named "Best Asset Management Company," at the annual Arab Achievement Awards 2013.
The airline company has to raise $22 billion over the next four years to finance its aircraft deliveries, an average of $5.5 billion a year.
September 25, 2013
The National Bank of Abu Dhabi (NBAD), has won the highly prestigious Sheikh Khalifa Excellence Award- Diamond Category confirming the Bank’s position as a leader in the financial industry.
MasterCard and the Dubai Business Women Council announced a collaboration to drive entrepreneurship among women in the Emirate.
Dubai is not in negotiations with Abu Dhabi to refinance a $20 billion debt that will be due next year, a top government official said on Tuesday.
Stanford Asia Holding Company (“SAHC”) is pleased to announce the signing of a USD 300 million 5 year syndicated facility.
September 24, 2013
UAE is among the faster changing payments ecosystems.
UAE’s leading financial institution, Mashreq hosted a meeting for a senior delegation from the Indian Banks’ Association represented by prominent public sector banks.
September 23, 2013
The National Bank of Abu Dhabi, the Number One Bank in the UAE, has been named Best Cash Management Services in the Middle East at the EMEA Finance Treasury Services Awards ceremony.
Jordan Ahli Bank recently completed the first training session for the European Business Competence * License Certification (EBC*L) in collaboration with (Scoopi Company).