Banking & Finance

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The GCC currencies are pegged or linked to the dollar, yet with local inflation rates that are five to eight times higher than the two per cent US CPI rate,
December 17, 2014 - 00:56 GMT
Matein Khalid warns on the effects of a strengthening US dollar to other currencies

Today

During the event
14:07 GMT
(press release)

Jordan Ahli Bank recently sponsored the "Jacket for Every Student" initiative, a joint effort organized in collaboration with the Ministry of Social Development targeting school students in less privileged areas in the Kingdom.

CIMA
13:23 GMT
(press release)

The Chartered Institute of Management Accountants, continued to build on its 25% growth increase rate in 2013, and sustained its unparalleled expansion efforts throughout 2014.

December 24, 2014

Lebanese banks are abiding by international regulations, according to the Union of Arab Bankers
12:04 GMT

Lebanese banks face no threat of any international penalties after the local lenders successfully complied with all anti-money laundering and other similar legislation, the chairman of the World Union of Arab Bankers said Tuesday.

December 23, 2014

Al Samhouri exchange
20:14 GMT

The Central Bank of Jordan (CBJ) on Sunday closed down a major currency exchange company for administrative and financial violations.

First Gulf Bank
08:11 GMT
(press release)

FGB, one of the leading banks in the UAE, has secured runner-up position in the ‘Best Trade Finance Bank in the Middle East & North Africa’ category of the Global Trade Review’s 2014 ‘Leaders in Trade Awards’.

During the event
04:40 GMT

International Bank of Qatar (ibq) has proudly declared Gez Garai as the December winner of the bank’s monthly prize draw for the ibq loyalty program, thanq.

December 22, 2014

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities (File Archive/ AFP).
18:00 GMT

The one-trillion dollar cash pile, which only relates to companies rated by Moody’s, is predominantly held by cash-rich sectors like automotives, oil and gas and utilities.

Microsoft will offer a direct operator billing facility with Du that will negate the need for customers to use their credit cards online (Shutterstock).
10:00 GMT

Microsoft has parternered with Du to offer a direct operator billing facility that will avoid the need for customers to use their credit cards online.

Mr. Fahad Al Raja’an, Chairman, Ahli United Bank
09:07 GMT
(press release)

Ahli United Bank B.S.C. (AUB) has been named ‘Best Regional Bank – GCC 2014’ by Capital Financial International.

UAE flag at 102,000 feet
08:37 GMT
(press release)

Al Hilal Bank recently raised the UAE flag high to the edge of space at an altitude of 102,000 feet under its ‘Raise your voice, raise your flag’ campaign.

Burgan Bank Chairman Mr. Majed Essa AL Ajeel
08:25 GMT
(press release)

As the year comes to an end, Burgan Bank Group proudly folds another successful chapter of the Group’s journey.

December 21, 2014

During the event
09:45 GMT
(press release)

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced that it has won the prestigious Best Domestic Retail Bank Middle East award at the 2014 Islamic Business & Finance Awards.

Sharjah Islamic Bank
09:28 GMT
(press release)

Sharjah Islamic Bank (SIB) has launched a diverse package of valuable phone banking services available in three languages; Arabic, English, and Urdu, through its dedicated 24/7 Call Centre.

December 19, 2014

He added that JIC will cover the entire Kingdom through specialised employees with offices in the governorates.
00:24 GMT

The "investment window" will officially be launched in mid-April 2015, Jordan Investment Commission (JIC) President Montaser Okla said Thursday