During the event
May 29, 2016 - 11:50 GMT
Gulf Bank sponsored Kuwait University’s (KU) Faculty of Allied Health Sciences and Nursing most recent graduation ceremony, which held at Futooh Ballroom – Kuwait Regency Hotel.
During the event
May 29, 2016 - 11:07 GMT
FGB, one of the leading banks in the UAE, participated at the first National Service Career Fair, organised by the General Headquarters of the UAE Armed Forces on 23-25 May 2016 at Zayed Military City in Abu Dhabi.
The Americana Group also includes Costa Coffee, Baskin Robbins and Krispy Kreme franchises. (Americana Group)
May 29, 2016 - 11:00 GMT
The Gulf consortium led by Mohamed Alabaar scrapped plans to acquire a 69 percent stake in the food company.
Jamal Al Jassmi, General Manager of EIBFS
May 29, 2016 - 10:07 GMT
Emirates Institute for Banking and Financial Studies hosted a day-long workshop on the current and future landscape of the sharia-compliant asset management sector for the UAE’s senior-level bankers and financial experts.
May 29, 2016 - 09:54 GMT
According to a new report, PwC Middle East’s ‘Care Anywhere: Moving health and wellness out of the hospital into the hands of the consumer’, technology is providing the opportunity for new ways of accessing and delivering healthcare.
Project Blue, a firm owned by the Qatar Investment Authority, had used a type of Islamic finance that meant a bank actually owned the property.  (
May 29, 2016 - 09:00 GMT
A UK court has ruled that HM Revenue & Customs pursued the wrong party for taxes in the sale of Chelsea Barracks to Qatar Investment Authority in 2007.
Hussain Al Qemzi, CEO, Noor Bank
May 29, 2016 - 08:27 GMT
Noor Bank has successfully priced its debut perpetual US$ 500 million Tier 1 capital issuance.
The Hezbollah International Financing Prevention Act is a bill introduced in 2014 that sought to impose on institutions that facilitate transactions on behalf of Hezbollah or its agents. (File photo)
May 29, 2016 - 06:00 GMT
White House official Adam Szubin has said that recent sanctions and legislation have been effective in choking Hezbollah's finances.
Sharjah Islamic Bank
May 29, 2016 - 05:47 GMT
Sharjah Islamic Bank (SIB), a leading shariah compliant commercial bank in the UAE, has successfully repaid a USD 400 million sukuk.
A foreign ministry spokesman said the Swiss government had blocked about $650 million in the case of Egypt, and $61 million in the case of Tunisia. (Twitter)
May 26, 2016 - 13:26 GMT
A new law allowing Swiss authorities to seize and return illicitly-acquired funds from Swiss banks will come into effect in July.
Analysts had earlier predicted that Qatar's bond would only be valued at $5 billion. (File photo)
May 26, 2016 - 12:56 GMT
The sale will help to bridge Qatar's budget deficit, which is expected to reach $12.8B this year due to persistently low oil prices.
Movie ticket
May 26, 2016 - 11:58 GMT
Gulf Bank is announcing exclusive discounts for its red™ customers to watch the latest movies at all Cinescape for only KD 2 instead of the usual KD 3.5 rate seven days a week.
Tablet Banking App
May 26, 2016 - 08:52 GMT
RAKBANK is pleased to introduce a new and innovative approach for credit card sourcing by empowering its Direct Sales Agents (DSAs) with a Tablet PC preloaded with a bespoke App and an Emirates ID reader.
Mr. Hisham Alrayes, GFH Group CEO
May 26, 2016 - 06:29 GMT
GFH Financial Group conducted a presentation at the Dubai Financial Market on “GFH Future Prospects” which was attended by the shareholders, investors and the brokers.
Earlier this week, Reuters reported that the bank had cut 15 per cent of its workforce of 70 employees. (File photo)
May 26, 2016 - 05:00 GMT
The investment bank released a statement to insist that the slashed jobs do not have a significant impact on the firm's performance and balance sheet.
Doha Bank is the worst performing lender on the Qatar Exchange Index, having been hit by negative S&P ratings due to an expected further deterioration in its asset quality. (File photo)
May 25, 2016 - 12:00 GMT
Bank liquidity in the GCC has been hit by a more than 50 per cent slide in crude prices since mid-2014, forcing banks to redefine its business models.