Banking & Finance
March 11, 2013
Emirates NBD and The Emirates Group announced the signing of a Memorandum of Understanding whereby the bank will provide a pioneering e-letter solution to the employees of the Emirates Group.
NCB Capital expects strong earnings growth to continue due to expansion through opening stores, margin support from economies of scale and consolidation of fragmented markets.
The Ministry of Finance recently signed a Memorandum of Understanding with the Department of Finance Dubai, to further develop their strategic partnership.
March 10, 2013
Qatar’s sovereign wealth fund is attracting former French president Nicolas Sarkozy into the private equity game, the Financial Times reported this week.
First Gulf Bank (FGB), one of the major leading banks in the UAE, launched the first-ever Ferrari credit card in the Middle East and Africa.
Saudi Arabia’s HSBC Purchasing Managers Index (PMI) for February tops the charts, a senior economist said.
Al Ramz Securities continued its domination of the local market this year, posting a total trade value of AED 2.62 billion in February 2013 to account for 10.82 per cent of UAE stock exchange.
The Jordan Ahli Bank’s SME Academy Unit held its third free workshop, focusing on evaluating investment decisions.
National Bank of Kuwait (NBK) held its annual General Assembly meeting today (Saturday 9th March 2013) at the bank’s headquarters.
March 7, 2013
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.
Polaris Financial Technology has gone live with Polaris’ revolutionary Intellect Global Transaction Banking (GTB) platform.
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.
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.
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
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.