Banking & Finance

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The survey also revealed that the main reason for obtaining a loan is to a buy a car
April 18, 2014 - 08:26 GMT
About 34 per cent of national household heads reported that they continuously changed their mobile phones.

December 10, 2012

The World Bank forecast a $1.5 billion Palestinian budget deficit for 2012, with donor funds expected to cover only $1.14 billion of this shortfall
13:16 GMT

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.

Suvo Sarkar, General Manager Retail Banking, Emirates NBD
06:56 GMT
(press release)

Emirates NBD announced that it will serve as Lead Partner to the Global Entrepreneurship Summit - Entrepreneurial Ventures of Arabia (GES-EVA).

December 9, 2012

Nimish Dwivedi, Head of Payment at Mashreq
09:16 GMT
(press release)

To celebrate the festive season and offer customers with real value added benefits, leading financial institution Mashreq announced a warehouse sale.

A senior representative from Al Ansari Exchange receiving the award on behalf of Al Ansari Exchange
06:54 GMT
(press release)

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.

Majed Essa Al Ajeel, Chairman of Burgan Bank
05:36 GMT
(press release)

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.

A group photo of Gulf Bank’s team receiving two Quality Recognition awards from Citibank representatives
04:54 GMT
(press release)

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.

During the launching
04:51 GMT

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
04:46 GMT

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

Sobia Rahman, Western Union’s Regional Vice President for the Gulf, Pakistan and Afghanistan, with the Manipal University team flanked by Mohammad Ali Al Ansari, Chairman & Managing Director, Al Ansari Exchange
09:47 GMT
(press release)

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
09:23 GMT
(press release)

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.

Jamal Bin Ghalaita, Chief Executive Officer, Emirates Islamic Bank
07:18 GMT
(press release)

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.

During the event
04:44 GMT

Qatar Foundation, in partnership with the Potsdam Institute for Climate Impact Research (PIK), officially announced the creation of a pioneering Climate Change Research Institute.

During the signing
04:32 GMT
(press release)

The Ministry of Finance signed today a Memorandum of Understanding with Sharjah Chamber of Commerce & Industry.

December 5, 2012

New branch
11:56 GMT
(press release)

Emirates NBD announced the official inauguration of its new branch situated in Al Quoz residential area in Sharjah.

A group photo for Nujoom organisers and participants
11:19 GMT
(press release)

First Gulf Bank launched the second phase of its “Nujoom” management graduates scheme for talented UAE National university graduates.