Banking & Finance

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A bank assistant counts through money in Lebanon (File/AFP)
July 24, 2014 - 13:29 GMT
U.S. legislation to increase financial sanctions on any organization funding or channeling money to Hezbollah won't have any impact on Lebanon's banking sector, according to a report. A sigh of relief?

March 31, 2013

Many Lebanese bank in Cyprus are planning to either shut down or reduce their operations on the island
09:47 GMT

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.

Sanjay Vig, Managing Director at Alpen Capital
09:36 GMT
(press release)

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.

During the event
08:22 GMT
(press release)

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.
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.