Banking & Finance
December 10, 2012
Arab states agreed to provide the Palestinian Authority with a $100 million monthly “financial safety net” to help President Mahmoud Abbas’ government cope with an economic crisis after the UN granted de facto statehood to Palestine, Reuters reported.
Emirates NBD announced that it will serve as Lead Partner to the Global Entrepreneurship Summit - Entrepreneurial Ventures of Arabia (GES-EVA).
December 9, 2012
To celebrate the festive season and offer customers with real value added benefits, leading financial institution Mashreq announced a warehouse sale.
Al Ansari Exchange has received an Appreciation Award from ADU in recognition of its strong support to the government’s Emiratisation program and for its proactive efforts to hire and train UAE nationals.
Burgan Bank announced that it has received the approval from Turkey’s Banking Regulation and Supervision Agency on its deal to acquire Eurobank Tekfen in Turkey from Eurobank EFG.
Gulf Bank recently received two quality recognition awards from Citibank for achievements in ‘straight through processing’ (STP) on USD Dollar payments sent to Citibank NA, New York.
UAE Exchange, the leading global remittance and foreign exchange brand and Corporation Bank, India entered into an agreement to offer FLASHremit services to their customers.
National Bank of Kuwait was honored “Best Investor Relations Company in Kuwait” For the third consecutive year, in recognition of the bank’s international standards and best practice in transparency and governance.
December 6, 2012
Entrepreneurship, while not new to the Middle East, has only in the recent past begun to receive its fair share of attention and interest from the rapidly growing regional economies.
NCB Capital has become the first local institution to establish a non-Saudi registered range of funds under the Undertakings for Collective Investment in Transferable Securities platform registered in Ireland.
Emirates Islamic Bank announced today that, as of November 30, 2012, it has successfully completed the integration of Dubai Bank customers, branches and operations into its platform.
Qatar Foundation, in partnership with the Potsdam Institute for Climate Impact Research (PIK), officially announced the creation of a pioneering Climate Change Research Institute.
The Ministry of Finance signed today a Memorandum of Understanding with Sharjah Chamber of Commerce & Industry.
December 5, 2012
Emirates NBD announced the official inauguration of its new branch situated in Al Quoz residential area in Sharjah.
First Gulf Bank launched the second phase of its “Nujoom” management graduates scheme for talented UAE National university graduates.