Banking & Finance
December 5, 2012
The National Bank of Abu Dhabi has participated in Enhancing SME Finance Seminar held at the Dubai Chamber of Commerce and Industry’s headquarters.
The UAE has set aside $410 million to cover defaulted debts owed by Emiratis, the state news agency (WAM) has reported.
December 4, 2012
The National Bank of Abu Dhabi declares that the NBAD Sukuk Income Fund has returned 4.78% since inception and will distribute 1.76% dividend payment toinvestors.
Burgan Bank announced its alliance with VISA international offering the bank’s VISA cardholders’ special packages and deals on all new OSN subscriptions.
December 3, 2012
Ahli United Bank has been awarded the prestigious STP Award by Commerzbank AG, in recognition of the Bank’s outstanding efficiency in processing funds transfers and international transactions in Euro.
The Department of Finance - Abu Dhabi (DoF) organised its annual National Day celebration on the occasion of the UAE 41st National Day under the slogan "Spirit of the Union".
December 2, 2012
Qatar has announced that it has signed a Memorandum of Understanding (MOU) with the French financial organisation Caisse des Dépôts to provide funding to Small and Medium Sized businesses.
Cash reserves in the Arab region are forecast to record a massive $115 billion growth in 2012. The large surge is being put down to higher oil prices, which have rocketed over regional instability, although prices are beginning to ease.
Jordan Ahli Bank sponsored the “Ayman Dais Academy” Basketball tournament, recently hosted at the Amman Baccalaureate School.
Dubai Islamic Bank announced the launch of SME Business Solutions, a Sharia-compliant suite of products and services specifically developed to support the growth of small and medium enterprises.
Gulf Bank today proudly hailed its success in winning the ‘Bank of the Year’ award from The Banker, the world’s leading and most respected banking industry magazine.
The International Bank of Qatar is pressing ahead with its national workforce and talent development programs.
Reflecting its deep sense of belonging to the United Arab Emirates and following its commitment to the local community, First Gulf Bank celebrated the 41st anniversary of the UAE National Day.
As part of its commitment to supporting the private sector in the kingdom, Tamkeen today marks Bahrain Women's Day.
November 29, 2012
Kuwait is looking at introducing a travel ban that could affect nearly 100,000 people, as it seeks to recover KWD 12 million ($43 million) in unpaid state fines.