Banking & Finance
August 7, 2012
Arab Bank is continuing its efforts to assist in eradicating poverty across the Kingdom by collaborating with Tkiyet Um Ali to distribute 6,000 meals throughout the holy month of Ramadan to families in need.
In line with the bank’s ongoing commitment to offer job opportunities to UAE Nationals, Mashreq, one of the UAE’s leading financial institutions recently announced the appointment of a new group.
Burgan Bank Group announced today its earnings results for the first half of 2012.
Gulf Finance House held its annual Ramadan Ghabga for its staff at Bushra.
August 6, 2012
Egypt’s ministry of finance said it has invited the International Monetary Fund (IMF) to continue talks on a potential $3.2 billion loan that stalled last month.
Emirates NBD announced the launch of their special 2012 Ramadan Auto Loan promotion, which gives borrowers a chance to win prizes while also enjoyinglow interest rates to buy their dream cars.
Al Ansari Exchange, the UAE’s largest money exchange network that provides worldwide remittance and foreign exchange services, has signed an agreement with Al Ain Distribution Company.
Gulf Bank staff recently visited the second batch of hospitals as part of their annual visits to children’s hospital units associated with Kuwait Association for the Care of Children in Hospitals.
Arab Bank was recently named Best Arranger for Project and Infrastructure Finance in the Middle East by Global Finance magazine for the year 2012.
Emirates NBD announced it will sponsor 24-year old Melissa Reid, the prominent English professional golfer and last month’s winner of the Raiffeisenbank Prague Golf Masters.
August 5, 2012
ADIB announced the launch of the third version of its two-year, 100% Capital Protected Oil Note on the back of the successful placement and excellent return that accrued from its first oil note.
Burgan Bank announced today that it is offering its cardholders the chance to win an iPad3 and Samsung Galaxy SIII every month.
August 2, 2012
NCB Capital initiated coverage on Extra with an Overweight rating and price target of SR106.2 (upside of 26%) and on Shaker with an Overweight rating and price target of SR82.5 (upside of 19%).
The National Bank of Abu Dhabi has partnered with Reel Cinemas to offer NBAD credit cardholders with a truly unparalleled movie experience.
August 1, 2012
The National Bank of Fujairah’s audit department was awarded the ISO 9001:2008 certification in July.