Banking & Finance
June 5, 2014
Standard Chartered has been recognised as the ‘Best Transaction Services House in the Middle East’ at the Euromoney Awards for Excellence 2014.
The National Bank of Abu Dhabi (NBAD) has been named the Best Bank in the UAE by the prestigious international publication Euromoney, making it the fourth time in six years that NBAD has won this important award.
National Bank of Fujairah (NBF) PJSC has announced that it has won the award for “Best Domestic Commercial Bank” at this year’s Banker Middle East (BME) Industry Awards.
Arab Bank recently relocated its regional management headquarters to its new offices in Dubai at Emaar Square, Building #2.
June 4, 2014
FGB, one of the leading banks in the UAE, has won two 2014 Banker Middle East Industry Awards, including ‘Best Bank in United Arab Emirates’, for the second year running, and ‘Best Wealth Management Firm’.
Emirates NBD announced that it won two prestigious awards at the Smart Cards & Payments Middle East, which was organised as part of Cards and Payments Middle East, the region’s premium event for payment cards.
June 3, 2014
Egypt’s fiscal deficit is set to “remain firmly in double digits” with inflation easing in 2014, a Citibank report published in May has said.
This was among the few demonstrations worldwide, where a government-issued identity card has been used to enable financial transactions.
BLME has concluded a $15 million senior secured facility for Virgin Mobile Middle East & Africa (VMMEA), the regional MVNO group rolling out Virgin Mobile across the Middle East & Africa region.
The National Bank of Abu Dhabi has partnered with Celer Technologies to develop Global Markets E-Commerce applications.
Jordan Ahli Bank sponsored the first in a series of economic conferences organized by the Jordan Society for Scientific Research (JSSR), held under the heading “Jordan’s Economy in a Changing world.”
Doha Bank, the leading private commercial bank in Qatar, together with Visa, announced that a Doha Bank Visa debit cardholder is the lucky winner of a trip for two to watch the 2014 FIFA World Cup live in Brazil.
The small oil exporter faces tough choices between boosting state expenditure to sooth simmering political unrest and keeping its fragile public finances sustainable.
June 2, 2014
Standard & Poor's (S&P), the world’s leading international credit rating agency, affirmed Gulf Bank’s long-term credit rating at BBB+ with a positive outlook.
Burgan Bank announced today that the bank’s Corporate Banking Group has successfully completed a bilateral finance deal with United Arab Shipping Company (UASC), the largest shipping company in the Middle East.