Friday 29 May 2015
 
»
Tag
 
»
Bank

Questions arise about banks' role in Fifa bribery case

A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around

More…

Tabreed supplies chilled water to Abu Dhabi tower

National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, has commenced the supply of chilled water to the Al Hilal Bank tower on Abu Dhabi’s Al Maryah Island. Tabreed, which acq

More…

UAE banks mull centralised Islamic finance board

The United Arab Emirates' bank industry association has discussed a proposal to create a centralised sharia board that would monitor Islamic banking, which could spur the growth of the industry. The central bank had proposed s

More…

Orpic borrows $910m from local, Gulf banks

State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) has taken out a RO350 million ($910 million), ten-year loan from local and regional banks, part of which will be used to fund expansion projects, the company said on Friday.

More…

Mashreq pioneers Visa Checkout in region

The UAE’s leading financial institution, Mashreq, today became the first bank in the Central Europe, Middle East and Africa region to launch Visa Checkout, a new digital payment service. The service, offered to all Mashreq c

More…

Doha Bank starts India operations

Doha Bank has become the first Qatari Bank to establish full scale banking operations in India following a launch in Mumbai. “This is a historic day for Doha Bank's expansion in the Indian subcontinent,” said Doha

More…

Demand to ban conventional banks in Bahrain rejected

MPs demands to ban conventional banks and allow only Islamic banks to operate in Bahrain have been shot down by Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa. He said that Bahrain was trying to become a regional Islamic ba

More…

Alubaf posts $10m net profit for Q1

Alubaf Arab International Bank has reported a net profit of $10.86 million for the first quarter ended March 31, which was in line with budgeted estimates. However, comparing with the same period last year, a decline of seven per

More…

Al Rajhi appoints new chief executive

Al Rajhi Bank, Saudi Arabia's second largest bank by assets, said on Sunday that Suleiman bin Abdul Aziz Al-Zabin had resigned as chief executive for personal reasons, effective May 17. Steve Bertamana has been appointed chief

More…

Ithmaar Bank launches loyalty programme

Ithmaar Bank, a Bahrain-based Islamic retail bank, in collaboration with MasterCard, has launched a new comprehensive value-added credit cards loyalty rewards programme - Ithmaar Rewards. The programme includes new and unique feat

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads