Banking & Finance

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Saudi's Tadawul is currently dominated by local retail investors, but opening up to the international market will broaden horizons (File/AFP)
July 24, 2014 - 13:07 GMT
Saudi Arabia's decision to open its stock market to the outside world was a good choice and already garnered strong support across the MENA region.

April 30, 2013

Doha Bank Award Ceremony
11:51 GMT
(press release)

Doha Bank and an active proponent of Green Banking in the region, received the Best Corporate Responsibility Programme in the Middle East award from EMEA Finance Magazine.

The tie-up between Egypt and Turkey's stock exchanges is due to be completed by September
10:46 GMT

A link-up between Egypt's and Turkey's stock exchange is projected to be finalised by the end of September 2013, Mohamed Omran, the head of the Egyptian bourse said Monday.

HSBC Bank Oman - Head Office
10:34 GMT
(press release)

HSBC Bank Oman has announced its financial results for the first quarter of 2013 reporting that Net Profit increased by 91% to reach RO 5.7m.

Amani Al Khaledi, the Head of Emiratisation at NBAD
10:06 GMT

The National Bank of Abu Dhabi will participate in Careers UAE 2013 to be held from April 30th to May 2nd at the Dubai International Convention and Exhibition Centre.

Jane Siney, Head of Human Resources, UAE and Middle East, Standard Chartered
08:31 GMT
(press release)

Standard Chartered announced today that it will be participating at Careers UAE 2013 exhibition which is taking place at the Dubai World Trade Centre from 30 April to 2 May, 2013.

Chartered Institute of Management Accountants
08:04 GMT
(press release)

The Chartered Institute of Management Accountants (CIMA) has announced record growth figures for 2012 as the institute’s global footprint continues to expand.

April 29, 2013

Bank of Sharjah
12:19 GMT
(press release)

Bank of Sharjah announced its financial results for the three months ending March 31, 2013.

The UK is to help set up a specialized recovery team for Arab Spring related assets
10:37 GMT

Britain is to set up a special task-force to return stolen assets that belong to so-called 'Arab Spring' countries, according the country's Middle East affairs minister, Alistair Burt.

Andre’ Sayegh, CEO of FGB
10:23 GMT
(press release)

First Gulf Bank PJSC, (FGB), one of the major leading banks in the UAE, today reaffirmed its continuing strong financial performance with the release of its Q1’2013 figures.

Seghaar children’s branch
09:53 GMT
(press release)

Al Hilal Bank opened its new Seghaar children’s branch yesterday, Sunday April 28th 2013, in the presence of students from the Emirates National Schools at its Al Hilal Mall Branch in Abu Dhabi’s Corniche area.

The Association of Banks in Lebanon will comply with any sanctions imposed after two firms were accused of money laundering and financing Hezbollah
08:18 GMT

The Association of Banks in Lebanon said over the weekend it would comply with any sanctions imposed by the U.S. Treasury after two Lebanese money exchange houses were designated as a primary money-laundering concern.

Jordan has requested $200 million from Japan
07:40 GMT

Jordan has requested a further $200 million from Japan, in what would be the latest round of financing from the Asian nation.

UAE Ministry of Finance
07:04 GMT
(press release)

The Ministry of Finance (MoF), in collaboration with the Federal Customs Authority and the Federal Credit Bureau, announced today its participation in the upcoming Careers UAE 2013 fair.

Arab Bank
06:53 GMT
(press release)

Arab Bank Group net profit for the first quarter of 2013 reached USD205.1million, compared to USD 204.4 million in the first quarter of last year.

Rashed Ali Al Ansari, General Manager of Al Ansari Exchange
06:09 GMT
(press release)

Al Ansari Exchange will highlight career opportunities being offered to young Emirati graduates and students during its participation at Careers UAE 2013.