Banking & Finance
August 20, 2014
Standard Chartered Private Equity announced the acquisition of a minority stake in Topaz Energy and Marine, one of the world’s leading offshore support vessel operators, through an equity investment of US$ 75 million.
August 19, 2014
FGB, one of the leading banks in the UAE, has announced the appointment of corporate finance specialist, Michael Aissaoui.
Emirates NBD, a leading bank in the region, was honoured at the Global Brand Excellence Awards 2014 with five coveted awards across branding, marketing and customer experience categories.
The National Bank of Abu Dhabi (NBAD) has renamed its wholly-owned subsidiary in the Americas to NBAD Americas N.V.
The Saudi Tadawul All Share Index rose 0.48 percent to close at 10,639.04 points, its highest finish since January 2008 and its 13th gain in the 15 sessions since authorities announced plans to allow direct foreign ownership of shares early next year.
August 18, 2014
Doha Bank, the leading private commercial bank in Qatar, has been voted as the ‘Best Commercial Bank in the Middle East 2014’ by the Global Banking and Finance Review Awards.
Jordan Ahli Bank's SME Academy Unit held a new training workshop on the principles of effective communication in the workplace, which took place at the Sheraton Hotel under the guidance of certified instructor Sereen Abu Maizar.
The combined net profits of six out of seven Lebanese banks operating in Syria dropped 54 percent in the first half of 2014.
August 17, 2014
Mashreq, one of the UAE’s leading financial institutions, announced yet another innovative solution to provide unprecedented benefits to its customers.
Jordan Ahli Bank recently announced and congratulated Ms. Joel Raed Ezzat Taama the winner of the Goushan Al Omor Dream Villa in Greenland.
August 14, 2014
The Finance Ministry said Wednesday that the treasury has money to pay the salaries of civil servants for only two months,
August 13, 2014
International Bank of Qatar (IBQ) announced the latest winner of the monthly lucky draw of its highly popular ‘thanq’ rewards programme.
The credit reports will include records about consumers’ debt levels, financial obligations, credit payments, history of default payments and late payments.
August 12, 2014
The rating agency says that although domestic politics have been fairly stable, the government faces continued pressure to maintain social spending.
Abu Dhabi Islamic Bank (ADIB), Commercial Bank of Dubai (CBD) and Dubai Islamic Bank (DIB) have jointly finalised a USD 425 million Shari’a-compliant financing with Emirates airline for the acquisition of two Airbus A380s.