Banking & Finance
April 15, 2013
National Bank of Kuwait held the 6th annual meeting of its International Advisory Board in Kuwait to discuss the latest economic and geopolitical developments in the region and world as well as NBK’s strategy.
There are currently no Libyan deposits at the Central Bank of Egypt (CBE), said a media spokesperson at the CBE.
New figures from the Central Bank of Jordan show an increase in remittances to the country and tourism revenues.
The Central Bank of Egypt (CBE) held an exceptional foreign exchange auction of $600 million on Sunday.
Leading Lebanese banks’ profit growth will be on the upswing in the first quarter of 2013, according to FFA Private Bank market research.
Dubai Islamic Bank Group (DIB) today announced its financial results for the three months ended March 31, 2013, registering strong growth across all areas of the bank.
April 14, 2013
Dubai Islamic Bank (DIB) has welcomed the first batch of MASRAFI participants, following its recent agreement with the Emirates Institute for Banking and Financial Studies (EIBFS).
National Bank of Kuwait announced the opening of its new branch in Abu Dhabi, the second in the United Arab Emirates.
April 11, 2013
Lebanon, rated B1/B/B, is planning to raise $1 billion through an increase of its outstanding 2023 and 2027 Eurobond.
Kuwait will finance development projects worth $1.3 billion in Bahrain over the next few years, a report said.
Three months into 2013 and growth projections are already being lowered across the globe according to Saxo Bank.
April 10, 2013
Emirates NBD announced the launch of the exclusive Visa Signature Debit Card that enables the bank’s Priority Banking customers to further enrich their overall banking experience.
Gulf Capital announced that its wholly-owned portfolio company, Techno Group Investment Holdings acquired a 75% strategic stake in Dogu Tip, a major player in outsourced diagnostic imaging services in Turkey.
Some articles of Egypt's recently approved sukuk law are “definitely incompatible with Islamic Shari’a law”, said Abdallah Al-Naggar, a member of the Al-Azhar Council of Senior Scholars.
Gulf Bank has announced that it is to extend its ‘We Promise’ campaign to its online services.