Banking & Finance

Featured Story:

Since 2001, S&P has only seen 20 international sukuk from issuers outside of Malaysia or the GCC (File Archive/Shutterstock)
April 21, 2014 - 13:00 GMT
Islamic finance is increasingly labeled as the future of finance, but the sukuk market largely remains outside of mainstream markets globally.

April 22, 2014

HH Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum Visiting FGB’s stand
12:33 GMT
(press release)

HH Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, visited FGB’s stand at Careers UAE 2014 in Dubai today.

Careers UAE is organised by the Dubai World Trade Centre, in conjunction with TANMIA, HigherColleges of Technology and UAEUniversity
12:26 GMT

UAE Exchange has always believed in creating equal employment opportunities in the industry.

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum; Deputy Ruler of Dubai and H.E. Abdulla Ghobash; Minister of State, and officials from NBAD at the Bank stand at Careers UAE 2014
12:20 GMT

The National Bank of Abu Dhabi (NBAD) is participating in “Careers UAE 2014” which was opened today and will be concluded on 24th April.

part  of our efforts to cater the need of  our local talent, Standard Chartered has initiated its  Reduced hour Work Scheme, which will also be under the spotlight at Careers UAE 2014
09:54 GMT
(press release)

Standard Chartered has announced its participation at the 14th Careers UAE 2014 which is held from April 22 to 24, 2014 at the Dubai World Trade Centre.

April 21, 2014

International rating agency Standard & Poor’s has raised its outlook for Lebanon-based Bank Audi, BankMed and BLOM Bank to stable from negative, just a week after upgrading the outlook of Lebanon from negative to stable.
22:47 GMT

S&P attributed this revision to the ability of Lebanese banks to finance the public debt thanks to the steady flow of deposits the lenders receive each year.

For every six NBAD Stars, cardholders will receive one Etihad Guest Mile
13:44 GMT

NBAD has teamed up with Etihad Airways to offer all NBAD credit cardholders the opportunity to convert their NBAD Stars to Etihad Guest Miles.

The Value Plus Salary Transfer Package, offers premium perks for individuals with a salary of AED 20,000 and above
11:05 GMT
(press release)

Emirates Islamic announced the launch of two new feature-loaded packages, which include a bouquet of free products and additional benefits.

The Chief Executive Officer of Abu Dhabi Securities Exchange (ADX), Rashed Al Baloushi Receiving the Award
08:51 GMT
(press release)

The Chief Executive Officer of Abu Dhabi Securities Exchange (ADX), Rashed Al Baloushi, received the “Government CEO Excellence” Award.

H.E. Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank
07:10 GMT
(press release)

Net profit for the first quarter of 2014 recorded an impressive QAR 399 million as compared to QAR 395 million for the same period in 2013 showing an increase of 1%.

Xpress Money’s alliance with Emirates India International Exchange will provide its customers increased access to its services across 21 branches of the latter in UAE
07:06 GMT

Xpress Money to offer superior remittance facilities to expats residing in the country.

April 20, 2014

FGB has created a strong brand and cultural platform called ‘Be First’ that draws on FGB’s culture of  winning and being a unique bank that puts customers first
11:57 GMT
(press release)

First Gulf Bank announced the official unveiling of its new brand identity.

April 17, 2014

Ali Soner Guney; the Fixed Income Fund Manager at NBAD Asset Management Group
11:30 GMT

The National Bank of Abu Dhabi’s NBAD MENA Bond Fund will pay to its investors a semi-annual distribution equal to 1.75% for USD share class.

H. E. Sheikh Fahad Bin Mohamed Bin Jabor Al Thani, Chairman of Board of Directors of Doha Bank
08:21 GMT
(press release)

Doha Bank has entered into an agreement with HSBC Bank Oman to purchase the banking business of HSBC Bank Oman in India.

The free offer is part of NCB Capital’s efforts to meet all its customers’ need for live price dissemination as a progressive alternative for the current 15-minute delayed price display
08:15 GMT
(press release)

NCB Capital has launched a free local shares live price service for all its brokerage customers who use its Basic online trading service, Alahli Tadawul.

Moody’s added that NBK’s core income-generating capacity will remain strong
07:30 GMT

Moody’s Investors Service said that National Bank of Kuwait (NBK) is well positioned to take advantage of new business opportunities.