Latest News - Banking - United Arab Emirates

Region’s economic growth driven chiefly by oil sector with a barrel averaging US$60 this year says National Commercial Bank’s Chief Economist

Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, announced the winner of its 2nd FX trading challenge. The winner will receive $250,000 to trade.

Varengold Bank FX, a brand of Varengold Wertpapierhandelsbank AG, now offers trading in the South African Rand, Hungarian Forint, Polish Zloty, Czech Koruna, Norwegian Krone, and Swedish Krona.

A new investment bridge to the middle east to Cyprus has now opened by the Cyprus Investment Festival, a consortium of Developers and Investment projects from Cyprus giving incentives to investors from the Middle East.

A new marketing initiative will create a Multi Million Euro trade bridge to Beirut and the Arab world through the Cyprus Investment Exhibition in August

Aimed at providing customers a one stop finance solutions for automobiles, Al Hilal Bank will offer the convenience of shopping mall experience to its customers.

Dubai based corporate Sekurus International joins The General Presidency for Youth Welfare in Saudi Arabia in a trans Kingdom motorcycle rally starting 13th May named Ride 4 KSA.

Al-Hilal,the freshest face in Islamic Banking,signed a MOU with (SEWA),allowing customers to process their utility bills payment through the bank's channels. Al-Hilal Bank in strategic tie-up with SEWA to facilitate customer bill payment processes.

Midas International - Focuses on “Green Technology” in effort to stimulate International investment in Clean Energy.

Major banks may be in a credit freeze but some boutique firms are taking advantage while the big players sit on the sidelines

Dubai based investment firm takes position in promising U.S. biotech industry companies pursuing cures for untreated ailments.

Following its successful bid for concession of rehabilitation and expansion of Queen Alia International Airport in Jordan, the Abu Dhabi Investment Company led consortium has granted the Best Middle East Project Finance Deal Award for the year 2007.

Vincent Gilles recently joined Abu Dhabi Investment Company as the new Chief Investment Officer of ADIC-UBS Infrastructure Investment Limited.

Kane Black of Dubai based Auscor Cranes has taken out one of the top 30 spots in Australia's Anthill Magazine inaugural '30under30' Awards, and in doing so has been recognised as one of Australia's and indeed Dubai's leading entrepreneurial minds

Ernst & Young encourages a larger role for Sukuks in infrastructure projects underway or announced in the GCC

More than 200 International participants attend the 2nd Annual World Islamic Infrastructure Finance Conference in Qatar

Barclays capital announces plans for a permanent capability in Qatar after landmark year in the country

The 14thAnnual WIBC to launch the UK Pavilion and The Country Round Table to Explore International Growth Markets

The 2nd Annual World Islamic Infrastructure Finance Conference to Address Next Wave of Mega-Deals; to recognise achievement and excellence in the Islamic Finance industry

Conference to Focus on Combatting Competition & Capturing New International Growth Market. Market Leaders to Identify Where the Next Phase of Growth Will Come From.

Conference to focus on innovations in islamic project finance & the next wave of mega deals.

The Third World Islamic Funds and Capital Markets Conference focuses on the Growth, Development and Regulation. Harry S. Dent Jr. provides key note address on understanding and anticipating today's financial markets.

More than 300 international attendees debate the next big growth opportunities. E. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain, inaugurated the 3rd edition of the annual conference.

People development critical to customer service excellence; experts to train contact centre managers on global best practices

Significant Growth Predicted in Sovereign & Corporate Sukuk Markets. Sukuk represents a significant new development in global capital markets as one of the fastest growing sectors in Islamic finance.

The inaugural Islamic Funds & Investments Report will focus on the spectrum of asset classes and drivers that will have the most significant impact on the industry.

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