Banking & Finance
June 5, 2013
Mashreq Al Islami, the Islamic banking arm of Mashreq Group, recently launched a range of Islamic banking solutions for business banking clients.
SINGAPORE: Islamic banks can help finance Asia’s burgeoning infrastructure investment needs while continuing to adhere to fundamental Sharia tenets, executives said yesterday.
June 4, 2013
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Claude-Henri Chavanon as the Group Chief Investment Officer and Head of the Investment Group of NBAD.
Al Hilal Bank has announced that it will continue its sustainability efforts of switching off the lights in its branches and offices after working hours.
Gulf Bank’s new Chairman Omar Alghanim teamed up with Professor Srikant Datar of Harvard Business School to host a leadership development program for Gulf Bank’s experienced executives in Kuwait.
June 3, 2013
State-owned Islamic Bank of Thailand plans to increase its capital by 7.11 billion baht ($234.9 million) and issue a 5 billion baht sukuk, the country's first-ever Islamic bond, the bank said on Monday.
Doha Bank, the leading private commercial bank in Qatar, was named the winner of the eBanking 2013 Excellence Award during the 18th Middle East Excellence Awards held in Dubai at the Ritz Carlton, DIFC, Dubai.
Jordan Ahli Bank sponsored the Little League Football Tournament hosted at the Marj Al Hamam Rosary College.
June 2, 2013
Emirates NBD when they came face to face with Swedish football veteran, Sven-Göran Eriksson and rising UAE professional footballer, Habib Al Fardan at the bank premises.
Burgan Bank announced that it has won the coveted ‘Best Employee Development in GCC’ award from World Finance.
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.
Jordan Ahli Bank recently sponsored the primary school sports day hosted at the New English School in Amman.
May 30, 2013
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, a leading bank in the region, has organised a trip to Mount Kilimanjaro, in Kilimanjaro National Park, Tanzania.
Stocks in Dubai and Abu Dhabi continued to rise, with their benchmark measures gaining for the third straight day yesterday.