Banking & Finance

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Saudi's Tadawul is currently dominated by local retail investors, but opening up to the international market will broaden horizons (File/AFP)
July 24, 2014 - 13:07 GMT
Saudi Arabia's decision to open its stock market to the outside world was a good choice and already garnered strong support across the MENA region.

March 28, 2013

The UAE Central Bank has agreed to cap mortgages at levels recommended by the UAE Banks Federation.
12:29 GMT

The UAE Central Bank has agreed to cap mortgages at levels recommended by the UAE Banks Federation.

Lebanon's financial markets have responded relatively well to the news of the government's resignation
11:50 GMT

Lebanon’s financial market appears to have weathered the resignation of yet another premier last week, according to several bankers and economists.

Emirates NBD Awesome Travelling Machine
10:11 GMT
(press release)

Dubai Marina Mall may be the ideal place to meet up with friends and family, but visitors to the mall were pleasantly surprised recently, by the sight of an Emirates NBD ATM.

Jordan's Cabinet agreed on Wednesday to boost capital for the Central Bank to $68 million.
07:05 GMT

Jordan's Cabinet agreed on Wednesday to boost capital for the Central Bank to $68 million.

Credit-rating agency Moody's downgrades local-currency deposit rating of five Egyptian banks.
03:45 GMT

Credit-rating agency Moody's downgrades local-currency deposit rating of five Egyptian banks.

March 27, 2013

The Arab Summit expressed its support for Libyan asset recovery in its final communiqué
12:05 GMT

The Arab Summit has confirmed in its final communiqué that it supports the Libyan government quest to retrieve stolen assets that are estimated at hundreds of billions of Dollars.

Suvo Sarkar, General Manager, Retail Banking, Emirates NBD receiving the award
11:08 GMT
(press release)

Emirates NBD, a leading bank in the region, announced today that it had been named the “Best Retail Bank in the UAE” by the Asian Banker International Excellence in Retail Financial Services Programme.

The Lebanese Central Bank has taken the necessary measures to maintain the stability of local lenders, according to Governor Riad Salameh.
10:07 GMT

The Lebanese Central Bank has taken the necessary measures to maintain the stability of local lenders, according to Governor Riad Salameh.

During the event
08:08 GMT
(press release)

Abu Dhabi Islamic Bank is providing a AED 600 million financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s financial obligations and capital expenditure.

Rohit Walia and Sameena Ahmad received the CSR Label awarded from H.E Hamad Buamim
05:02 GMT
(press release)

Alpen Capital and Bank Sarasin-Alpen became proud recipients of the CSR Label awarded by the Dubai Chamber of Commerce and Industry for a second year in a row.

Rick Pudner, Group CEO, Emirates NBD (right) with Frank Gabriel, CEO, Dubai Racing Club
04:35 GMT
(press release)

Emirates NBD announced that it will once again serve as the official sponsor of the Group 1 Al Quoz Sprint, one of the impressive roster of nine races at the upcoming Dubai World Cup.

March 26, 2013

Abdulla M.S. Abdul Raheem, Deputy Group Chief Executive of NBAD, and Khalaf Sultan Bin Rashed Al Dhaheri, Group Chief Operating Officer and other executives with NBAD's explorers
11:04 GMT

The National Bank of Abu Dhabi’s (NBAD) Ambassadors who journeyed to Antarctica with other explorers returned home to promote awareness about the environment and sustainability.

Mr. Omar Kutayba Alghanim, Gulf Bank’s Chairman
09:17 GMT
(press release)

Standard & Poor's (S&P), the world’s leading international credit rating agency, today upgraded Gulf Bank’s long-term credit rating from BBB to BBB+ with a positive outlook.

National Bank of Egypt in Cairo
09:16 GMT

Senior Libyan official denies reports of a $2 billion transfer to Egypt's central bank

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic Bank
09:02 GMT
(press release)

Emirates Islamic Bank announced today the launch of a special Friday campaign on various financial services and products at its Dubai Festival City branch.