Banking & Finance
July 17, 2012
Abu Dhabi Financial Services, the fully-owned brokerage subsidiary of the NBAD, has appointed Mohammed Ali Yasin, a well-recognised capital markets specialist, as its Managing Director.
July 16, 2012
Gulf Finance House announced that it has successfully restructured the remaining debt on a syndicated Wakala facility amounting US$ 100 million led by Bahrain-based Liquidity Management Centre LMC.
The Bahrain All-Share Index yesterday closed at 1,112.60 points, marking a decrease of 1.29 points below its previous closing.
Al Ansari Exchange has signed an agreement with Noor Islamic Bank enabling credit cardholders of the bank to make their bill payments through any of Al Ansari Exchange branches across the UAE with no extra charges.
Mashreq, one of the UAE’s leading financial institutions, was recently recognized at the TFR Excellence Awards 2012 from London-based Trade & Forfaiting Review (TFR) Magazine.
Standard Chartered announced today that runners can register for the Standard Chartered Dubai Marathon 2013 from today onwards.
July 15, 2012
The Central Bank of the UAE (CBUAE) has issued new regulations to domestic lenders.
Saudi Arabian stocks snapped a four-day losing streak yesterday, led by gains in the real estate sector.
Equity investors are experiencing difficult times: For several years now, stock markets have been marked by high volatility, with only temporary rallies.
Abu Dhabi Retirement Pensions & Benefits Funds announced today that it had signed a pioneering agreement with Abu Dhabi Islamic Bank (ADIB).
The Advanced Refractory Division of Vesuvius Group has begun its three-phase US$10.5 million capital investment in the emirate with Ras Al Khaimah Investment Authority.
Money Majlis, the popular annual promotion has been launched for 2012.
During the holy month of Ramadan, all IBQ credit cardholders will be able to benefit from an array of exclusive offers with IBQ’s Ramadan promotion.
July 12, 2012
Kuwait Financial Centre 'Markaz' said in its recent report, titled 'GCC Research Statistics' that equity markets witnessed almost the same level of attention in the first half of 2012, compared to the previous half.
The National Bank of Abu Dhabi has started a promotion that allows NBAD cardholders to win sports utility vehicles or luxury travel packages to one of the top destinations in the world.