Banking & Finance

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Non-sovereign debt capital markets could be an alternate way to fund the public sector. (AFP/File)
November 16, 2014 - 10:39 GMT
MENA non-sovereign debt capital markets make up a small part of financial markets but then again, have potential to replace private sector funding as an alternative source.

July 17, 2013

MasterCard and Mashreq during the launch of the card
08:25 GMT
(press release)

Mashreq, which recently won both the Best Debit Card and Best Credit Card Award, announced the launch of Mashreq Platinum Business MasterCard Credit Card.

UAB branch
06:01 GMT

United Arab Bank announces its financial results for six months that ended on June 30, 2013.

July 16, 2013

During the event
10:51 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today that it will be sponsoring the annual Dubai Police Ramadan Tournament for the 21st year running.

Fadi Halout, the General Manager of NBAD-Paris
10:43 GMT

The National Bank of Abu Dhabi-Paris has launched a 1 billion euro French Certificate of Deposit (CD) program which offers greater diversification to institutional investors and corporate treasuries.

July 15, 2013

Salah Mohammed Amin, Emirates NBD, Abdulsalam Al Rafi & George Abraham, First Gulf Bank
12:03 GMT
(press release)

Emirates NBD, a leading bank in the region, signed on June 24, 2013, the successful closure of an AED 900 million Club Deal for developer Abdulsalam Al Rafi Group.

The winner
11:20 GMT
(press release)

Jordan Ahli Bank recently announced Ala’ Haddadin as the 15th lucky winner of its monthly Jame’ati account grand prize; a 2013 model Kia Cerato, licensed and taxed in full.

Dubai Islamic Bank
10:43 GMT
(press release)

Dubai Islamic Bank (DIB) today welcomed a new batch of students to its annual Iktaseb summer training programme for young UAE nationals.

Cedric Lizin, Head of its Middle East and North Africa Wealth Business
10:15 GMT
(press release)

Barclays announced the appointment of Cedric Lizin as Head of Middle East and North Africa to its Wealth and Investment Management division.

July 14, 2013

Nimish Dwivedi, Head of Payment at Mashreq
09:57 GMT
(press release)

On the occasion of the Holy Month ofRamadan, UAE’s leading financial institution Mashreq has announced special offers for its card members.

Jordan Ahli Bank Corporate Responsibility Report
06:22 GMT
(press release)

Jordan Ahli Bank recently issued the second edition of its Corporate Responsibility Report (CSR), reflecting its achievements in the operational year of 2012.

During Ramadan
05:57 GMT

Abu Dhabi Commercial Bank has entered into a partnership with the Red Crescent Authority to support their efforts during the Holy Month of Ramadan.

July 11, 2013

Ms. Rola Abu Manneh, the Deputy Senior General Manager of Global Banking & GM of Whole sale Banking; Hassan Al, the Head-Global Project & Structured Finance, and other senior executives of project finance team at NBAD receive the award
10:25 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has won the Best Project Finance / Infrastructure Bank Award in the Banker Middle East Industry 2013 Awards.

Dubai's General Index gaining for the fourth straight day and the Abu Dhabi Securities Index advancing for three consecutive days
08:55 GMT

The UAE markets continued their upward trend on the first day of Ramadan amid lower volumes, with Dubai's General Index gaining for the fourth straight day.

Adnan Chilwan, Deputy Chief Executive Officer of DIB
05:55 GMT
(press release)

Dubai Islamic Bank announced the launch of the Al IslamiFlexiBeta Dirham Certificate.

July 10, 2013

The market breadth was almost balanced with 67 issues witnessing advances against 66 issues recording declines
13:55 GMT

Saudi Arabia’s benchmark stock index (TASI) yesterday rose 13.27 points to finish at 7,708.52 after trading between 7,691.31 and 7,723.46.