Banking & Finance
March 31, 2013
Most Lebanese banks operating in Cyprus said they were planning to either shut down or drastically reduce the scope of their operations on the island, following strict new capital controls.
Alpen Capital announced the publication of its GCC Pharmaceutical Industry report which assesses growth potential of the pharmaceutical industry by examining a variety of driving forces.
As a long-term supporter of women in the work place, Jordan Ahli Bank honored ten women for the significant role they have played in its advancement over the years.
March 28, 2013
The UAE Central Bank has agreed to cap mortgages at levels recommended by the UAE Banks Federation.
Lebanon’s financial market appears to have weathered the resignation of yet another premier last week, according to several bankers and economists.
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.
Credit-rating agency Moody's downgrades local-currency deposit rating of five Egyptian banks.
March 27, 2013
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.
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.
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.
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.
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
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.