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 7, 2013

Emirates airline is planning another sukuk sale, its second this year
11:50 GMT

Emirates airline, the UAE's flag carrying airline, is to have its second sukuk sale this year, according to lead arrangers Citibank and Standard Chartered Bank.

Mashreq
08:39 GMT
(press release)

Polaris Financial Technology has gone live with Polaris’ revolutionary Intellect Global Transaction Banking (GTB) platform.

During the event
08:31 GMT

The National Bank of Abu Dhabi (NBAD), The Number One Bank in the UAE, has been named the Best Asset Management House in the Middle East by International Takaful Awards for the second year running.

Faisal Aqil, Deputy CEO, Consumer Wealth Management, Emirates Islamic Bank
07:28 GMT
(press release)

Emirates Islamic Bank has today announced the launch of the first of a series of initiatives aimed at providing customers with market leading foreign exchange services.

H.E. Mohammed Al Shaibani, Chairman of DIB, with the Performance Excellence Award
04:38 GMT
(press release)

Dubai Islamic Bank held its annual Performance Excellence Award ceremony, an event to recognise and reward employees of the bank and its subsidiaries for their outstanding performance and achievements.

March 6, 2013

Faisal Ahmad, Head of Investment Advisory for  NBAD Private Banking UAE
08:07 GMT

The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has appointed Mr. Faisal Ahmad to the newly created position of Head of Investment Advisory for Private Banking UAE.

March 5, 2013

Rohit Walia, Executive Vice Chairman and CEO, Sarasin-Alpen and Alpen Capital Group
09:00 GMT
(press release)

Alpen Capital Saudi Arabia has been licensed by the Capital Markets Authority to conduct arranging and advising activities in the Kingdom of Saudi Arabia.

Mashreq
08:06 GMT
(press release)

In its continuous endeavor to offer unparalleled card offerings, Mashreq announced the second exclusive warehouse sale from 7th to 9th March.

Dubai Islamic Bank
04:55 GMT
(press release)

Dubai Islamic Bank (DIB) announced that the assembly has approved its 100 per cent acquisition of Tamweel PJSC, the Islamic home finance provider.

March 4, 2013

Faisal Aqil, Deputy CEO, Consumer Wealth Managment, EIB
09:26 GMT
(press release)

Emirates Islamic Bank announced the launch of the Kunooz Value Plus Account.

Emirates Classic Car Festival
08:37 GMT
(press release)

A spectacular line-up of classic cars and motorbikes will be unveiled at the 5th Emirates Classic Car Festival, to be held from March 7 to 9, 2013, at its home venue, the 3.5km Mohammed Bin Rashid Boulevard.

March 3, 2013

Dawood Nassif addressing the audience
10:55 GMT
(press release)

Capital Club Bahrain hosted an in-depth look at the oil and gas industry.

Emirates NBD senior managers and Dubai Expo 2020 Ambassadors with the winners of “Banker for a Day” and their family members
10:26 GMT
(press release)

Emirates NBD organised an awards ceremony to reward participants in the fourth phase of its "Banker for a Day"; a programme that enables high school students to experience an actual working day at the bank.

The financing of terrorism is to be specifically outlawed in Morocco.
09:07 GMT

Morocco is to introduce a new banking law that will outlaw the financing of terrorism.

Mr. Tim Jones, COO, Arabian Center and Mr. Bharath Aravamudhan, Associate Vice President, Cards Usage and Partnerships, Retail Cards Business, Emirates NBD
04:56 GMT
(press release)

Arabian Center has joined hands with Emirates NBD to provide credit shopping to its customers at any outlet within the mall.