Banking & Finance
January 27, 2013
Emirates NBD announced the launch of its Emirates NBD Mobile Banking App for handheld smartphones running on the BlackBerry OS, iOS and Android operating systems.
Dubai Islamic Bank announced today that it has signed an agreement with Emaar Properties, the global property developer, to facilitate quick and easy e-payments for customers of the two companies.
Life Insurance Corporation International B.S.C., LIC, has tied up with First Gulf Bank,FGB, in a new partnership designed to enhance existing insurance and retirement plan offerings to customers in the UAE.
January 24, 2013
The United Bank of Egypt, which is 99.9 % owned by the Central Bank of Egypt, has decided to expand in GCC countries to meet the needs of its client base.
Prime Minister Najib Mikati said Wednesday that despite the drop in the number of tourists this year compared to previous years, the banking sector in Lebanon saw its customer deposits surge.
Bangladeshi expats can now send money to their dear ones’ bank accounts in Bangladesh in real time.
January 23, 2013
Alpen Capital partnered with Dubai Cares to unveil a very limited miniature structure of the world’s tallest monument – The Burj Khalifa - called the “Burj of Giving”.
January 22, 2013
Egypt's central bank will permit banks to refinance importing operations for clients by providing “temporary facilities in foreign currency” based on the bank's credit evaluation.
Standard Chartered has announced that more than 800 of its staff in the UAE will be taking part as competitors and volunteers when the Standard Chartered Dubai Marathon 2013 kicks off on Friday 25th January.
The Islamic finance industry is continuing to grow with the new that Rakbank is to launch a new set of financial services.
The Developing Eight Organization, which includes Egypt and Iran, is to set up a joint investment fund.
January 21, 2013
International Bank of Qatar is sponsoring the Master Cricket Tournament for the 8th year running, cementing the bank’s steadfast support to this sports event.
New rules for the UAE’s property market are a work in progress, and any changes won’t be implemented for six to nine months, the UAE’s Central Bank Governor is quoted as saying.
Gulf Bank has announced the enhancement of its ‘Gulf Rewards’ program, a new and exclusive program, and one of its kind in Kuwait.
Abu Dhabi Islamic Bank announced that it has ranked number one among other brokerage firms in terms of value of shares traded on UAE stock markets.