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It also revealed that Gulf funding for African infrastructure has focused on North Africa, which has received the bulk of aid (about 65 per cent of the total).
October 1, 2014 - 20:11 GMT
A study expected that annual contributions are likely to average $5 billion in the coming years, which equates to at least 10 per cent of the total average annual inflows to this sector.

June 2, 2013

Al Hilal Bank
09:54 GMT
(press release)

Al Hilal Bank has announced that its Al Hilal GCC Equity Fund, an open-ended fund launched in April 2011, has returned 11.80 per cent since beginning of this year.

During the event
06:19 GMT
(press release)

Jordan Ahli Bank recently sponsored the primary school sports day hosted at the New English School in Amman.

May 30, 2013

Fawaz Abusneineh Sedef Gunsur, and Shaikh Alawi Ahmed receive the award
09:29 GMT

The National Bank of Abu Dhabi was named the Best Debt Capital Markets House in the Middle East and the UAE by the prestigious Euromoney magazine in its Euromoney 2013 Awards for Excellence.

Emirates NBD Kilimanjaro Challengers
05:35 GMT
(press release)

Emirates NBD, a leading bank in the region, has organised a trip to Mount Kilimanjaro, in Kilimanjaro National Park, Tanzania.

Emirates Securities Market
05:00 GMT

Stocks in Dubai and Abu Dhabi continued to rise, with their benchmark measures gaining for the third straight day yesterday.

May 29, 2013

Head of Retail banking, Farhad Irani with Mashreq senior staff at the launch
14:03 GMT
(press release)

All research shows that UAE customers are constantly on the lookout for better service, enhanced products and most of all, simplicity.

11:24 GMT
(press release)

Visa recognized the contribution of Emirates NBD and Al Rajhi Banking & Investment Corp. at the Visa APCEMEA 2013 Security Summit.

Hany Samir, Head of Custody at NBAD
09:35 GMT

The National Bank of Abu Dhabi has become a Direct Custodian for NASDAQ-Dubai,thus availing Direct Custody services for all three UAE Stock Markets.

Emirates NBD said it is also committed to extend special interest rates
05:00 GMT

Emirates NBD and Dubai SME have entered into a strategic partnership to extend up to Dh50 million in new loans dedicated to Emirati entrepreneurs and small businesses.

May 28, 2013

Gulf Bank
11:15 GMT
(press release)

Gulf Bank has announced its sponsorship of INJAZ Kuwait’s “Company Program Competition” 2013 for student companies.

Mark Watts, General Manager, Head and Chief Investment Officer of NBAD’s Asset Management Group
10:17 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Mark Watts as the General Manager, Head and Chief Investment Officer of NBAD’s Asset Management Group.

National Bank of Kuwait
05:50 GMT
(press release)

Standard & Poor’s said that its outlook on National Bank of Kuwait is stable, reflecting the agency’s belief that NBK’s overall business and financial profile will remain resilient and generally unchanged over the next two years.

Al Hilal Bank
05:41 GMT
(press release)

Al Hilal Bank, the Abu Dhabi –based progressive Islamic bank, has confirmed that it will be officially sponsoring the 37th edition of the UAE Football Association (UAEFA)’s President’s Cup.

May 27, 2013

National Bank of Kuwait
11:57 GMT

Standard & Poor’s said that its outlook on National Bank of Kuwait is stable.

During the event
09:28 GMT

UAE Exchange has entered into an agreement with Al Ain Distribution Company (AADC) for bill payments by cash.