Banking & Finance
July 14, 2014
As part of its strategic expansion plan, FGB, one of the leading banks in the UAE, has set up a new representative office in Seoul, South Korea.
"Containing inflation is the main economic priority of the government," he said.
July 13, 2014
The National Bank of Abu Dhabi’s (NBAD) MENA Dividend Leader Fund has been voted Newcomer Fund of the Year 2013 by Zawya at the MENA Asset Management Conference and Awards 2014.
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of its special exchange rate offer spanning a selected range of currencies, for the summer travel season.
July 10, 2014
Leading financial institution, Mashreq won the awards for The Best Debit Card and The Best mPayment Innovation at the annual Smart Card & Payments Awards, Middle East 2014, held recently in Dubai.
July 9, 2014
Sharjah Islamic Bank is continuing to distribute Iftar meal packages at its annual Iftar tent located on King Faisal Mosque Square in Sharjah.
Gulf Finance House (GFH), announced that it has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its DUBAILAND district.
July 8, 2014
The shekel has weakened against the dollar this morning, as the security situation in the south of Israel escalated overnight.
Gulf International Bank B.S.C. (GIB) has announced the launch of its trial phase for retail banking services to customers in the Kingdom of Saudi Arabia (KSA) under the brand name, ‘meem م’.
Foreign reserves are now the lowest since the ouster of former president Mohamed Morsi in July 2013.
July 7, 2014
Gulf markets ended their worst quarter in many years, as almost all indices in the region ended the month on a negative note.
Emirates NBD, the leading banking group in the region, has announced that its Investment Bank is ranked as the leading arranger of USD Sukuk globally.
ACWA Power today announced the signing of the subscription agreement by International Financial Corporation (IFC), a member of the World Bank Group.
Mashreq announced that its Internal Audit function had been assessed to be in “Conformance” with The IIA’s International Standards for the Professional Practice of Internal Auditing.
The resolution replaces old amendments to the Sales Tax Act, which were not implemented and were postponed after facing broad popular opposition.