Banking & Finance

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The move has been a long time coming. Saudi authorities have slowly unrolled a plan to liberalise the market spanning a decade, and pursued a long- term reform agenda.
reign investors are salivating at the prospect of investing in Saudi Arabia’s well developed but frontier market with a string of world-class companies that have remained largely out of the portfolio of global fund managers.

June 10, 2013

Jordan Ahli bank
07:46 GMT
(press release)

Jordan Ahli bank recently sponsored Jordan’s First Children Creative Arts Festival, an event organized by the Creative Jordan Association.

June 9, 2013

Qatar Central Bank to issue 4 billion riyals of debt
14:36 GMT

Qatar's Central Bank said on Thursday it would issue 1 billion Qatari riyals ($300 million) worth of sukuk and 3 billion riyals worth of bonds next week.

Superbrands 2013
11:55 GMT

UAE Exchange is famous for its penchant for quality.

June 5, 2013

Western Union
13:20 GMT
(press release)

Western Union announced that it has signed an agreement with AlexBank to offer Western Union money transfer services in Egypt.

International Bank of Azerbaijan (IBA)
13:10 GMT

International Bank of Azerbaijan (IBA), the country's biggest lender, plans to raise $100 million through an Islamic syndicated loan this year to develop Islamic banking in the country, the bank said in a statement.

Saif Al Mansoori, Deputy Head - Group Marketing and Branding, Emirates NBD
12:11 GMT
(press release)

UAE residents, shopping ahead of the summer travel season, can now shop for many of their favourite lifestyle brands under one roof, thanks to the warehouse sale being hosted by Emirates NBD.

During the event
12:06 GMT
(press release)

Doha Bank, a leading private commercial bank in Qatar, has announced the launch of its annual summer credit card campaign.

Bank Saderat Iran
11:12 GMT

A global network of private companies were blacklisted by the United States on Tuesday for providing revenue to the Iranian government's leadership and helping it evade the pinch from international sanctions on Tehran's nuclear program,

Michael H. Tomalin, the NBAD’s Group Chief Executive (middle) receives the Lifetime Achievement Award
09:49 GMT

The National Bank of Abu Dhabi's (NBAD) Group Chief Executive Michael H. Tomalin has won the Lifetime Achievement Award from ITP, publisher of Arabian Business magazine.

Super Brand 2013
09:12 GMT
(press release)

Al Ansari Exchange has been named a UAE Superbrand for the eighth consecutive year.

Rohit Garg, Head of Business Banking and Tooran Asif, Head of Personal Banking, Mashreq
09:03 GMT
(press release)

Mashreq Al Islami, the Islamic banking arm of Mashreq Group, recently launched a range of Islamic banking solutions for business banking clients.

Mohammad Al-Hashel, the governor of the Central Bank of Kuwait
05:30 GMT

SINGAPORE: Islamic banks can help finance Asia’s burgeoning infrastructure investment needs while continuing to adhere to fundamental Sharia tenets, executives said yesterday.

June 4, 2013

Claude-Henri Chavanon, Group Chief Investment Officer, NBAD
09:40 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Claude-Henri Chavanon as the Group Chief Investment Officer and Head of the Investment Group of NBAD.

Al Hilal Bank
09:02 GMT
(press release)

Al Hilal Bank has announced that it will continue its sustainability efforts of switching off the lights in its branches and offices after working hours.

During the event
07:30 GMT
(press release)

Gulf Bank’s new Chairman Omar Alghanim teamed up with Professor Srikant Datar of Harvard Business School to host a leadership development program for Gulf Bank’s experienced executives in Kuwait.