Banking & Finance

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Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
July 8, 2014 - 15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.

April 22, 2013

Robin Amlot, the Managing Editor of Banker Middle East presents the award to Michael Tomalin, the Group Chief Executive of NBAD and   Fawaz Abusneineh, the Head of Debt Capital Markets at NBAD
09:09 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, won the ‘Best Corporate Bond Arranger Award’ at The Banker Middle East Product Awards 2013.

April 21, 2013

banon successfully closed a $1.1 billion eurobond issue  on Thursday
13:41 GMT

Lebanon successfully closed a $1.1 billion eurobond issue Thursday with 20 percent of the bond snapped up by foreign investors, the Finance Ministry said in a statement.

Adnan Chilwan, Deputy Chief Executive Officer, DIB
12:20 GMT
(press release)

Dubai Islamic Bank announced the launch of its social media channels, including Facebook, Twitter, YouTube and LinkedIn.

Nimish Dwivedi, Head of Payments at Mashreq
08:42 GMT
(press release)

This travel season, Mashreq has announced the launch of a special Travel programme to help customers take off with fabulous offers and exciting travel benefits on their Mashreq Credit and Debit Cards.

Jordan Ahli Bank
07:18 GMT
(press release)

As part of its long term strategy to be actively involved in youth empowerment efforts, Jordan Ahli Bank sponsored the Model United Nations (MUN) Conference, hosted by Al Asriyya Schools recently.

Emirates NBD and Porsche Financial Services senior officials during the signing ceremony
06:07 GMT
(press release)

Emirates NBD announced that it has signed a partnership agreement with Porsche Services Middle East to jointly offer financial solutions for new and pre-owned auto purchases from the German Volkswagen Group to customers based in the UAE.

April 18, 2013

The World Bank is to extend $70 million to Jordan for financing SMEs
13:21 GMT

The World Bank is to offer a low interest, long-term $70 million loan to Jordan to help finance micro-projects and SMES.

Emirates NBD
12:38 GMT
(press release)

Investments in green energy are crucial for GCC states to continue being positioned as the leading energy bloc according to Giel-Jan Van der Tol, General Manager – Wholesale Banking, Emirates NBD.

Alpen Capital
09:58 GMT
(press release)

Alpen Capital has appointed Edward Villiers, Global Head of Financial Institution Sales and Head of Global Financial Markets, London at Rabo bank International as a member of its Board of Directors.

National Bank of Abu Dhabi
09:06 GMT

Prince de Galles, the luxury 5-star Hotel in Paris, finalized a refinancing deal with the National Bank of Abu Dhabi’s (NBAD), involving its offices in Geneva, Paris and London.

April 17, 2013

During the event
10:36 GMT

The National Bank of Abu Dhabi has been appointed as the Financial Advisor and Lead Arranger for the fund raising exercises by Cosmos Petroleum & Mining Sdn. Bhd. (Cosmos).

Lebanese with savings in Cyprus are being urged to move their money back home (Getty)
10:25 GMT

Cyprus is due to withdraw restrictions on deposits as Lebanese are urged to deposit their savings in backs back at home.

Bas Ter Laare, winner of logo competition, with Rick Pudner, Group CEO, Vikram Krishna, Head Group Marketing and Customer Experience and Saif Al Mansoori, Deputy Head Group Marketing and Branding, Emirates NBD
10:01 GMT
(press release)

Emirates NBD, announced that the logo for the bank’s 50th anniversary celebrations had been selected from among 3000 plus entries, with Bas Ter Laare declared the winning designer for his logo.

April 16, 2013

Banking sector workers are threatening more industrial action
13:08 GMT

Bank employees in Lebanon vowed Monday to stage fresh protests and sit-ins on April 28 to press their demand for the renewal of a 2008 collective labor agreement.

Saudi Prince AlWaleed Bin Talal  is sitting pretty on top of the Forbes' Middle East rich list
11:00 GMT

Saudi Prince AlWaleed Bin Talal topped the 100-person richest Arabs list, according to Forbes, as former Lebanese PM Najib Mikati comes in it at 8th.