Banking & Finance
December 19, 2013
Fitch has rated almost all banks in the Gulf Cooperation Council region as stable, ensuring a bright financial outlook for 2014.
Need an extra $42.4 billion? For Kuwait, current oil price projections will ensure the Gulf state's budget receives just that.
The National Bank of Abu Dhabi has appointed Bernard Shum as the Head of Corporate & Institutional Banking in Hong Kong to lead the expansion of NBAD’s business and partnership in Asia.
Dabdoub’s career at NBK extends for over 53 years during which he has successfully led the bank to become one of the leading financial institutions in the Middle East with operations in 16 countries
December 18, 2013
Emirates NBD, a leading bank in the region, became the first bank in the Middle East to embrace the future of assisted service banking technologies through the launch of a video-based Interactive Teller Machine (ITM).
Al Hilal Bank has announced that it has won as ‘Best Islamic Financial Pioneer’ at the 2013 Tatweej Academy for Excellence Awards held recently at the Jumeirah Beach Hotel in Dubai.
The first edition of The Global Gift Gala was held in Dubai earlier this week at the supperclub Dubai.
December 17, 2013
Emirates NBD, a leading bank in the region, announced today the launch of “My Heart Speaks Arabic,” an initiative that seeks to celebrate the richness and beauty of Arabic language.
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, in association with Campden Wealth awarded the region’s top philathropists at the Middle East Philanthropy Awards 2013.
The real estate, construction, banks and telecom sectors dominate most of the trade.
December 16, 2013
The turnover of equities jumped 93 per cent compared to a year ago to $114 billion, said Mubasher Trade in a press statement
H.E. Sheikh Fahad Bin Mohammed Bin Jabor Al Thani, Chairman, Doha Bank, the leading private commercial bank in Qatar, Board of Directors was honored with the Asian Business Leadership Forum Award (ABLF).
Abu Dhabi Islamic Bank and Construction Guarantee of the Republic of Korea have signed a MOU that will support South Korean construction companies operating in the Arabian Gulf.
UAE’s leading financial institution, Mashreq was recently awarded the Best Banking Group in UAE Award at the World Finance Banking Awards 2013.
National Bank of Kuwait (NBK) is participating in a consortium of international banks to arrange a loan of $1.43 billion to finance the first phase of the Az-Zour North Power and Desalination Project in Kuwait.