Banking & Finance

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GCC equities in general continue to show characteristics that will continue to make them attractive to investors over the rest of this year.
August 31, 2014 - 04:55 GMT
While the Iraqi conflict has also kept some international investors at bay and risk premiums across the region elevated, the political backdrop seems to have improved in a number of countries in the region.

April 25, 2013

Michael H. Tomalin, the Group Chief Executive of NBAD
12:23 GMT

Global Finance, the prestigious financial magazine, named the National Bank of Abu Dhabi (NBAD) the Best Bank in the UAE in its Best Emerging Markets Banks 2013 ranking.

Al Hilal Bank
11:48 GMT
(press release)

Al Hilal Bank, AHB, has acted as the Manager in the UAE on the establishment of MYR 1,000,000,000 Malaysian Ringgit Sukuk Programme by Al Bayan Group Holding Company.

During the event
07:21 GMT
(press release)

Emirates NBD announced that its Business Banking segment has won the Banker Middle East Product Award 2013, for Best SME Internet Banking Service.

FGB receiving the award during the award ceremony
05:43 GMT
(press release)

First Gulf Bank was awarded for the second time in a row as the “Best Local Bank in the United Arab Emirates” for 2012 during EMEA Finance’s Annual Middle East Banking Awards.

April 24, 2013

Marios Maratheftis, Head of Macro Research, Standard Chartered Bank, and Samiran Chakraborty, Head of Research, India, Standard Chartered Bank taken during the briefing session
11:16 GMT
(press release)

Standard Chartered today hosted a Macro-Economic briefing session titled: ”Transforming, Rebalancing, and Outperforming” for its corporate clients in Dubai.

During the event
11:08 GMT
(press release)

The Ministry of Finance (MoF) and Mohammed bin Rashid Establishment for SME (MBRE) held a government procurement forum today at Raffles Hotel.

April 23, 2013

The majority of Dubai residents are concerned about increasing living costs
13:27 GMT

The majority of Dubai residents are concerned about increasing living costs, a survey has found, at a time of rising inflation and spiraling property rents.

Orascom's share on the Egyptian stock market were suspended on Tuesday
12:58 GMT

Trading in shares of Orascom Construction Industries (OCI), Egypt’s biggest private construction firm, was suspended on Tuesday.

Mr. Omar Alghanim, Gulf Bank’s Chairman
07:53 GMT
(press release)

Gulf Bank today announced a net profit of KD 7.9 million for the first quarter of 2013, against KD 7.4 million for the same period last year.

April 22, 2013

Ten UK-based Arabs, including Mohammed al-Fayed, former owner of Harrods, have a joint work of over $17.5 billion
10:09 GMT

The combined wealth of the ten richest Arabs in the UK now exceeds $17.5 billion, according to an annual ranking by the Sunday Times.

Yaser Sulaiman, Executive Manager, Consumer Banking at Gulf Bank handing the car keys to, Allam Ahmed Shadid, the 1st Quarterly KOC draw winner
09:56 GMT
(press release)

Gulf Bank announced Allam Ahmed Shadid as the winner of the first quarterly KOC prize draw for 2013.

Robin Amlot, the Managing Editor of Banker Middle East presents the award to Michael Tomalin, the Group Chief Executive of NBAD and   Fawaz Abusneineh, the Head of Debt Capital Markets at NBAD
09:09 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, won the ‘Best Corporate Bond Arranger Award’ at The Banker Middle East Product Awards 2013.

April 21, 2013

banon successfully closed a $1.1 billion eurobond issue  on Thursday
13:41 GMT

Lebanon successfully closed a $1.1 billion eurobond issue Thursday with 20 percent of the bond snapped up by foreign investors, the Finance Ministry said in a statement.

Adnan Chilwan, Deputy Chief Executive Officer, DIB
12:20 GMT
(press release)

Dubai Islamic Bank announced the launch of its social media channels, including Facebook, Twitter, YouTube and LinkedIn.