Banking & Finance
September 29, 2014
Emirates NBD, one of the region’s leading banking groups, is now the largest issuer of conventional bonds on the region’s international exchange.
Sayed Ali Zaki, an economist, for his part said the decrease in exchange rate is due to NISS's campaign against black market traders, as well as reduced Forex demand.
Al Hilal Bank, the UAE's leading progressive Islamic bank, will bring joy to children celebrating Eid Al Adha this year with a generous ‘Eidiya’ or money gift for its young ‘Seghaar’ account holders.
NCB Capital believesthatthe Saudi Retail sector outlook remains positive, led by strong earnings growth from store expansions, strong organic growth, margin stability and Saudisation pressures easing.
September 28, 2014
Following the launch of its Custody Services in Jordan earlier this year, Standard Chartered Bank announced today that its global client base has reacted very positively to the move and that all client transitions were completed ahead of schedule.
Al Ansari Exchange successfully concluded ‘Al Ansari Rewards, Summer Promotion 2014’ by awarding the Grand Prize of AED 1 million to Samsad Ali Rosan from India at a gala award ceremony.
FGB, one of the leading banks in the UAE, is launching a new insurance service for UAE residents, which offers a year-long protection plan for their smartphones and tablets.
Emirates NBD Properties showcased its award winning real estate portfolio at Cityscape Global 2014, the world's largest networking exhibition and conference on property development.
An analytical study conducted by the Abu Dhabi Police has revealed multiple professional plans to rob bank customers after they finish their financial transactions.
September 25, 2014
Mashreq, the UAE’s leading financial institution, announced exclusive offers for its cardholders during Gitex Shopper 2014.
Burgan Bank, Kuwait’s second largest commercial bank by assets, has successfully priced USD 500 million Perpetual Additional Tier 1 securities.
Emirates NBD, one of the lead receiving banks for the Emaar Malls IPO, has announced that over 50 per cent of its retail subscriptions have been via the banks’ ATM and online banking channels.
September 24, 2014
Over $25 million of Bank Audi shares were traded on the Beirut bourse Monday as part of efforts to raise the capital of the bank.
Grameen-Jameel Microfinance is the Strategic Partner to the Sanabel 2014 Conference being held under the theme “Microfinance at Crossroads; Current Developments and Future Prospects in the Arab States”.
Al Ansari Exchange has announced the launch of a new rewards program for its customers remitting money to Arab countries from any of the Al Ansari Exchange branches in the UAE.