06/27/2012
Emirates Islamic Bank’s package for Manazil Towers features up to 85 per cent finance in variable rate options starting from 4.99 per cent and five-year fixed rate starting from 5.99 per cent, with a 24-hour pre-approval offer.
06/20/2012
Commenting on the occasion, Ram Chari, Chief Executive Officer, Network International, said: "We are delighted to partner with Ahli United Bank, one of the leading banks in the Kingdom.
06/15/2012
NBK, which currently owns 47.29 percent stake in the Islamic lender, will offer 630 fils per share for the stake, said in a bourse statement. Boubyan shares closed at 600 fils on the Kuwait stock exchange on Wednesday.
06/14/2012
Since its inception, Mashreq has been a pioneer in the UAE banking landscape. The bank is known to have launched 'first of kind products' such as First travelers' cheques, First credit cards and First ATMs.
06/12/2012
The new board, chaired by Simon Cooper, Chief Executive Officer of HSBC Middle East Ltd comprises of seven Directors each serving an initial three-year term. Brigadier Waleed bin Omar al Zawawi has been appointed as Deputy Chairman.
06/11/2012
The bank scored 34 more points to win the top position in the 2011 banking survey conducted by Ernst and Young, exhibiting the best performance in return on capital, tighter controls on non-performing loans (NPLs) and healthy growth in deposits.
06/05/2012
Retail stock broking firm Geojit BNP Paribas Financial Services Ltd and State Bank of India have inked an agreement to extend Portfolio Investment Services to Non-Resident Indian customers, mainly from the Gulf region.
05/30/2012
A high-profile delegation from BankMuscat attending the ceremony included Shaikh Khalid bin Mustahail al Mashani, Chairman, Sulaiman bin Mohamed al Yahyai, Vice-Chairman, and AbdulRazak Ali Issa, Chief Executive.
05/21/2012
Mr. Drion, said that the most recent financial results, noting that CAE reported revenues of EGP341.1m for Q1 2012, an increase of 17.1% over the same period in 2011. This increase is attributed mainly to an increase in loan volumes (up 10.4% in the Q1 20