Friday 22 August 2014
 
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banking

NBAD to use NCR’s new platform for retail banking

The National Bank of Abu Dhabi (NBAD) has selected the NCR SelfServ 91, a new hardware platform that will help the bank transform its branches and extend its retail banking footprint. It is the latest in branch banking technology

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Growing popularity of Islamic finance underlined

Dubai Chamber of Commerce and Industry underlined the growing popularity of Islamic finance over the conventional sector in a preparatory report for the 10th World Islamic Economic Forum (WIEF) to be held in Dubai from October 28-30.

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400 experts to discuss GCC banking sector’s IT spend

More than 400 C-level executives, IT experts, retail banking specialists and finance heads are set to attend a leading banking technology summit in Dubai in September.   The

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Islamic economies 'set to cross boundaries'

Islamic economies are already a significant part of the global economy and are set to become even more important over the next decade, a senior banker has said. Contrary to popular belief, the Islamic economy is more than just Isl

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CFA calls for greater transparency in bank reporting

Better reporting of risk, timely loan write-downs on balance sheets, and investor access to comparable reporting of information across jurisdictions will improve transparency and reduce investor risk aversion towards the banking sector, accord

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Banking programme to boost skills of students

A top banker has called for renewed emphasis on training for Bahraini students to "help build a knowledge-based workforce". According to Bahrain Association of Banks (BAB) chief executive Robert Ainey these are very comp

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AUB reopens branch after renovation

Ahli United Bank (AUB) has announced the reopening of its Sanabis branch, resuming full banking services to its large base of retail and commercial customers in the area and beyond. The branch reopened following a complete renovat

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Oman banking system 'resilient to shocks'

Oman's banks have enough capital to withstand the impact of severe shocks to the country's economy, the central bank said, after conducting stress tests on the banking system. "Thanks to the comfortable capital levels

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Al khaliji launches ‘Premium Banking’ in UAE

Al Khaliji France, a wholly-owned subsidiary of Qatar-based Al Khalij Commercial Bank, has launched its ‘Premium Banking’ service to premium customers in the UAE.   Al khaliji France’s Premium B

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Menacorp in key role at UAE finance expo

Menacorp, a leading investment bank in the UAE, said it is playing a key role at inaugural edition of the 'Banking & Finance Expo' in Abu Dhabi as a silver sponsor. The five-day event is being held under the patronage

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