Banking & Finance

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Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
July 8, 2014 - 15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.

March 13, 2013

Burgan Bank Group Branch Details
08:56 GMT
(press release)

Burgan Bank Group announced today that it has won the Best Banking Group in MENA award for the second consecutive year from Global Banking & Finance Review.

A group of female participants at the 2013 EAFL were given a guided tour
08:30 GMT
(press release)

Emirates NBD organised a visit to the Emirates NBD Pearl Museum for the attendees of the Ladies Morning at the 2013 Emirates Airline Festival of Literature.

Nasser Ahmed Khalifa Alsowaidi, the Chairman of NBAD
04:44 GMT

The National Bank of Abu Dhabi's annual general meeting held in Abu Dhabi, approved the distribution of cash dividend of 35% and stock dividend of 10% for the financial year ended 31 December 2012.

March 12, 2013

Mastercard Consumer Confidence Infographic
09:19 GMT
(press release)

MasterCard has revealed the results of the latest MasterCard Index of Consumer Confidence.

Tirad Al-Mahmoud receiving the award
08:52 GMT
(press release)

Euromoney magazine has named Abu Dhabi Islamic Bank as the Best Islamic Bank in the UAE and awarded the top-tier financial services group its “Islamic Finance Deal of the Year.

NCB Capital
04:42 GMT
(press release)

NCB Capital expects the long-term outlook to remain strong.

March 11, 2013

Suvo Sarkar, Emirates NBD (right) with Hussain Shaikh, The Emirates Group
10:43 GMT
(press release)

Emirates NBD and The Emirates Group announced the signing of a Memorandum of Understanding whereby the bank will provide a pioneering e-letter solution to the employees of the Emirates Group.

NCB Capital Company
07:32 GMT
(press release)

NCB Capital expects strong earnings growth to continue due to expansion through opening stores, margin support from economies of scale and consolidation of fragmented markets.

During the evening
05:03 GMT
(press release)

The Ministry of Finance recently signed a Memorandum of Understanding with the Department of Finance Dubai, to further develop their strategic partnership.

March 10, 2013

Qatar’s sovereign wealth fund is attracting former French president Nicolas Sarkozy into the private equity game
11:37 GMT

Qatar’s sovereign wealth fund is attracting former French president Nicolas Sarkozy into the private equity game, the Financial Times reported this week.

Ferrari Credit Card
09:22 GMT
(press release)

First Gulf Bank (FGB), one of the major leading banks in the UAE, launched the first-ever Ferrari credit card in the Middle East and Africa.

Saudi Arabia’s HSBC Purchasing Managers Index (PMI) for February tops the charts, a senior economist said.
08:42 GMT

Saudi Arabia’s HSBC Purchasing Managers Index (PMI) for February tops the charts, a senior economist said.

Al Ramz Securities
07:49 GMT
(press release)

Al Ramz Securities continued its domination of the local market this year, posting a total trade value of AED 2.62 billion in February 2013 to account for 10.82 per cent of UAE stock exchange.

During the workshop
06:13 GMT
(press release)

The Jordan Ahli Bank’s SME Academy Unit held its third free workshop, focusing on evaluating investment decisions.

NBK Annual General Assembly Meeting
05:21 GMT

National Bank of Kuwait (NBK) held its annual General Assembly meeting today (Saturday 9th March 2013) at the bank’s headquarters.