Banking & Finance

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Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
July 8, 2014 - 15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.

March 25, 2013

NBAD officials inaugurating the upgraded Business Continuity Centre
08:59 GMT

The National Bank of Abu Dhabi upgraded its Business Continuity Centre which is equipped to allow the Bank to continue its operations and support clients in case of emergencies.

Ms. Salma Al Hajjaj, General Manager of Human Resources at Gulf Bank
05:14 GMT
(press release)

Gulf Bank has announced the appointment of Ms. Salma Al Hajjaj as General Manager of Human Resources (HR) at Gulf Bank.

Mr. Wasef Jabsheh, Vice Chairman and Chief Executive Officer of IGIH
04:36 GMT

International General Insurance Holdings Limited (IGIH) today reported earnings for the 2012 financial year.

March 24, 2013

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange
08:47 GMT
(press release)

Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, has announced the launch of a new rewards program for customers transmitting money to Bangladesh.

National Bank of Kuwait
06:21 GMT

NBK has been named the ‘Best Emerging Markets Bank in the Middle East and Kuwait 2013’ for the fourth consecutive year by the prestigious international financial publication Global Finance.

Al Hilal Bank
05:17 GMT
(press release)

Al Hilal Bank, a progressive Islamic bank, has pledged to switch off the lights in all of its branches and offices starting at 9 pm on March 23, 2013 in celebration of ‘Earth Hour.

March 21, 2013

NCB Capital
11:57 GMT
(press release)

NCB Capital believes that the kingdom’s strong macro outlook coupled with the government’s increasing expenditures will continue to support growth in the sector.

The LMA has refused Egyptian banks access to the domestic market
10:10 GMT

Libya's financial authority refuse Egypt's top bank entry

One NBAD Tower, NBAD Head Office, during Earth Hour in previous years
09:03 GMT

The National Bank of Abu Dhabi will be joining millions globally on March 23, 2013 to observe Earth Hour, the world's largest campaign for the environment, for the fourth consecutive year.

Dubai's electricity and water authority are not planning any more Islamic bond sales
07:58 GMT

Dubai Electricity and Water Authority (DEWA) is not expecting to issue more Islamic bonds before 2015 if electricity demand growth in the emirate remains steady, its chief executive said on Wednesday.

March 20, 2013

NCB Capital
08:22 GMT
(press release)

NCB Capital reduces its Net Interest Margin estimate due to increasing competition and expects a 9bps decline in margins from a previous estimate of flat NIMs.

National Bank of Abu Dhabi HQ (Gulf News)
07:43 GMT

National Bank of Abu Dhabi ranked 50 out of the top 500 banks by size.

Nuclear power plant in Iran
07:07 GMT

Bank Mellat is appealing to the Supreme Court against sanctions imposed over nuclear links.

March 19, 2013

Bahrain
13:49 GMT

Sabah Khalil will remain on the bank's board.

NBAD Head Office
08:45 GMT

The National Bank of Abu Dhabi retains its title as the safest bank in Middle East and confirmed its standing in the Global Finance’s ranking of the World’s 50 Safest Banks for the fifth consecutive year.