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 10, 2013

Mr. Vikram Issar, General Manager, Consumer Banking at Gulf Bank
09:05 GMT
(press release)

Gulf Bank has announced that it is to extend its ‘We Promise’ campaign to its online services.

 Mark Watts, the Head of Fixed Income at NBAD’s Asset Management Group
06:14 GMT

The National Bank of Abu Dhabi’s (NBAD) Cautious Income Fund has made a semi-annual distribution of 2.21% of the Net Asset Value (NAV) of US$5.4925 NAV as at 28 March 2013.

April 9, 2013

Despite regional instability, Lebanon's banking institutions remain safe, the  country's central bank chief claimed on Tuesday
12:37 GMT

Lebanon's central bank chief, Riad Salameh, has insisted that the Lebanese banking and financial sectors have not been affected by the ongoing crisis in the region.

USAID has launched a scheme to boos economic growth with the Libyan diaspora community
11:29 GMT

United States Agency for International Development (USAID) and Western Union have launched the Libya Diaspora Marketplace (LDM), designed to boost economic growth.

Mr. Vikram Issar - General Manager, Consumer Banking at Gulf Bank
08:16 GMT
(press release)

Gulf Bank has announced the appointment of Mr. Vikram Issar as General Manager of Consumer Banking, who joined the Bank in March 2013.

April 8, 2013

Gulf Bank
06:07 GMT
(press release)

Gulf Bank announced that its VISA credit cardholders can now enjoy exclusive deals provided by VISA International through Groupon Middle East.

Chairman HE Yousef Hussain Kamal
05:52 GMT
(press release)

QNB Group has announced its financial results for the three months ended 31 March 2013.

April 7, 2013

Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic Bank
10:57 GMT
(press release)

Emirates Islamic Bank announced the launch of the new Emirates Islamic Bank Rewards Credit Card, which is designed for customers looking to manage their day to day expenses.

Dubai Islamic Bank
06:16 GMT
(press release)

Dubai Islamic Bank PJSC (DIB) today announced that having received the necessary regulatory and Government approvals, the bank has repaid the AED 3,752,543,000 deposit, in fullز

During the Conference
06:05 GMT
(press release)

Jordan Ahli Bank was invited to participate at the Enterprise Conference, organized by the British Embassy in Jordan.

Michel Accad, Gulf Bank’s Chief Executive Officer
05:54 GMT
(press release)

Gulf Bank has announced that it will be the lead sponsor of the forthcoming 5th Euromoney Conference, which is taking place on 8 April 2013 at the JW Marriott Hotel in Kuwait.

Egypt's Net International Reserves (NIR) fell by around $84 million in March
03:10 GMT

Egypt's Net International Reserves (NIR) fell by around $84 million in March, the Central Bank of Egypt (CBE) has announced.

April 4, 2013

Eighty per cent of Arab banks are in a position to meet new international regulations, a banking chief has said
13:48 GMT

Eighty per cent of Arab banks are in a position to meet new international regulations on the level of reserves they need to hold while all banks in Bahrain meet these standards, said a top official.

Trading in Arab Bank helped push the Amman Stock Exchange to record highs on Wednesday
09:36 GMT

Trading volumes on the Amman Stock Exchange (ASE) hit a record level on Wednesday due to the internal transfer of Arab Bank shares held by Lebanon's Hariri family.

April 3, 2013

Bronze award
11:40 GMT
(press release)

Emirates NBD has won the bronze prize in the Best Sports Sponsorship category at the prestigious Sports Industry Awards.