Banking & Finance

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CEO of Emirates NBD, Shayne Nelson, said in-market mergers  work better monetarily (File/AFP)
August 26, 2014 - 07:31 GMT
It's getting too crowded in the UAE banking sector with too many lenders competing with one another to please a small population, according to a senior banker.

April 7, 2013

Egypt's Net International Reserves (NIR) fell by around $84 million in March
03:10 GMT

Egypt's Net International Reserves (NIR) fell by around $84 million in March, the Central Bank of Egypt (CBE) has announced.

April 4, 2013

Eighty per cent of Arab banks are in a position to meet new international regulations, a banking chief has said
13:48 GMT

Eighty per cent of Arab banks are in a position to meet new international regulations on the level of reserves they need to hold while all banks in Bahrain meet these standards, said a top official.

Trading in Arab Bank helped push the Amman Stock Exchange to record highs on Wednesday
09:36 GMT

Trading volumes on the Amman Stock Exchange (ASE) hit a record level on Wednesday due to the internal transfer of Arab Bank shares held by Lebanon's Hariri family.

April 3, 2013

Bronze award
11:40 GMT
(press release)

Emirates NBD has won the bronze prize in the Best Sports Sponsorship category at the prestigious Sports Industry Awards.

Alpen Capital receives Best Research House Award
11:19 GMT
(press release)

Alpen Capital was honoured as the Best Research House at the Banker Middle East Product Awards 2013.

Visa team at the Bahrain Forum
11:14 GMT
(press release)

Visa in association with the Bahrain Association of Banks hosted the Bahrain Payment Risk Forum yesterday [April 2, 2013] at the Gulf Hotel, Bahrain.

National Bank of Abu Dhabi
05:35 GMT

The National Bank of Abu Dhabi announced the appointment of Alex Thursby as Group Chief Executive with effect from 1st July 2013 in succession to Michael H. Tomalin who has previously announced his retirement.

April 2, 2013

Vikram Ahuja and Paul Kenny from Cobone
12:48 GMT
(press release)

Emirates NBD announced the launch of ‘Done Deals,’ an exclusive daily deals offer platform for their Credit and Debit cardholders.

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange
10:00 GMT
(press release)

Al Ansari Exchange has launched the Win back your Air Arabia ticket promotion, the latest installment of the series of rewards programs that the company has lined up for the year.

Qatar Career Fair 2013
05:52 GMT
(press release)

International Bank of Qatar is welcoming aspiring Qataris willing to join its workforce in line with the Qatar Career Fair activities inaugurated today at the Qatar National Convention Centre.

April 1, 2013

Best Retail Bank in Kuwait
12:13 GMT
(press release)

Gulf Bank has been named the Best Retail Bank in Kuwait for the third consecutive year by The Asian Banker.

Michael Wrede Director of NBAD Trust Company (Jersey) Limited, Michael Pattinson Partner at Trowers & Hamlins , Samira Zakour Chief Marketing Officer at NBAD Trust Company (Jersey) Limited, Andrew Sneddon Head of the Tax Department at Trowers & Hamlins and Helen Tatham Director of Residential at Knight Frank
08:10 GMT

The National Bank of Abu Dhabi, the Number One Bank in the UAE, organised a seminar that explained UK tax laws on residential properties.

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.