Banking & Finance

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"This is a well-established, well-rooted and very successful, very profitable organisation," Jordanian economist Riad Al Khouri told AFP.
Experts and economists believe the bank will emerge unscathed with flying colours, dismissing the case as a political attempt by American Zionist organisations looking to discredit the Palestinian cause.

June 23, 2014

During the event
06:00 GMT
(press release)

The Ministry of Finance (MoF), represented by the International Financial Organizations Department, held a workshop to introduce ministries and federal entities to the training and development opportunities available to UAE nationals.

June 22, 2014

Rosary Little League
06:23 GMT
(press release)

Jordan Ahli Bank announced its sponsorship of the recently launched Little League football tournament organized by the Rosary College School in Marj Al-Hamam for students aged 7 to 9 years.

During the event
06:00 GMT
(press release)

Burgan Bank announced today the launch of the ‘Driven from Within’ – the certified Leadership program for the bank’s middle-managers and supervisors in collaboration with the American University of Kuwait.

June 21, 2014

The SAMA measure comes in line with the Ministry of Labor’s efforts to put a limit to the control of expatriates over some commercial activities, more commonly known as tasattur.
00:12 GMT

The SAMA measure comes in line with the Ministry of Labor’s efforts to put a limit to the control of expatriates over some commercial activities, more commonly known as tasattur.

June 19, 2014

First Gulf Bank
11:48 GMT
(press release)

Forbes Middle East magazine has placed FGB 8th overall, and named it as the 4th leading bank (2nd in the UAE) in its ‘Top 500 companies in the Arab World’ rankings.

During the signing ceremony
10:26 GMT
(press release)

Dubai Economic Council and Standard Chartered Bank have signed a MOU stipulating that Standard Chartered Bank will advise, arrange and facilitate trade and investment flows between the public and private sectors based in Dubai, UAE and the USA.

June 18, 2014

Credit Cards Promotional Campaign for Summer 2014
09:52 GMT

Bank Aljazira has recently launched its innovative promotional summer campaign promoting its selection of credit cards under the theme "Win 5000 SR monthly salary".

During the event
09:47 GMT
(press release)

Abu Dhabi Commercial Bank (ADCB) is continuing its commitment to local community by launching a talent development platform that aims to empower Emarati women’s role in the employment market.

On a regional level, the report reveals that private financial wealth grew by 11.6 percent to reach $5.2 trillion in 2013
04:55 GMT

Qatar ranks first in the world with the highest density of millionaires, with 17.5 percent holding private wealth of at least $1 million, according to a new report.

June 17, 2014

Al Ansari Exchange
09:41 GMT
(press release)

Al Ansari Exchange has announced that it has recently opened new branches in the UAE with an aim to continue with its nationwide strategic expansion plans.

During the event
09:20 GMT
(press release)

Jordan Ahli Bank recently sponsored the Little League football tournament organized at Al Mashrek International School.

During the inauguration
05:46 GMT
(press release)

National Bank of Fujairah (NBF) PJSC today announced the official launch of the bank’s newest branch in the Al Quoz area of Dubai.

June 16, 2014

Sharjah Islamic Bank
12:17 GMT
(press release)

Sharjah Islamic Bank has inaugurated its new branch in Jebel Ali, strengthening its presence on the local banking arena.

In Dubai, property developer, Arabtec, dropped the most allowed to reach a share price of Dh4.50.
03:55 GMT

Most markets in the Middle East and North Africa region ended the day’s trade in the red because of the Iraqi conflict.

June 15, 2014

Morocco has raised one billion euros ($0.7 billion) on the international market in a 10-year bond at 3.5 per cent
19:40 GMT

The 3.5 per cent loan rate is less than that obtained on the dollar market in 2012-2013, showing the "confidence in Morocco's economic and political stability”.