Capital Intelligence affirms ratings of Riyad Bank
(AME Info
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31/05/2012)
Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed the ratings of Riyad Bank (RB), based in Riyadh, Saudi Arabia. Supported by the sound and continually improving quality of the Bank's loan portfolio,
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KFH demonstrates financial services at Souq Sharq during weekend
(AME Info
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31/05/2012)
AGM of Commercial Sector at Kuwait Finance House (KFH) Ahmed Al-Khaled announced that KFH has setup a booth to demonstrate KFH financial services at Souq Sharq during the weekend. He added that the booth is manned by employees working in the consumers
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Amir attends NBK’s 60th anniversary ceremony
(KUNA
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31/05/2012)
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah yesterday attended the ceremony marking the 60th anniversary of the National Bank of Kuwait (NBK) at Al-Rayah Hall in Sharq. His Highness’ convoy was greeted upon arrival by NBK’s Board
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ADIB London inaugurated
(Khaleej Times
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31/05/2012)
Abu Dhabi Islamic Bank, or ADIB, a top-tier Islamic financial services institution, announced on Wednesday the expansion of its global footprint by starting its operations in London at the prestigious One Hyde Park at Knightsbridge. It becomes the first
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ADIB the first UAE Islamic bank to begin operations in the UK
(CPI Financial
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30/05/2012)
Abu Dhabi Islamic Bank (ADIB) has officially opened its London branch at the prestigious One Hyde Park at Knightsbridge. It becomes the first UAE-based Islamic financial institution to receive a banking operations licence from the UK Financial Services
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CI raises financial strength rating of Saudi Hollandi Bank
(AME Info
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30/05/2012)
Capital Intelligence (CI), the international credit rating agency, today announced that it has raised the Financial Strength Rating of Saudi Hollandi Bank based in Riyadh, Saudi Arabia. That rating is raised to 'A-' from 'BBB+', supported by improvements
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KFH launches promotion campaigns for banking cards
(AME Info
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30/05/2012)
Kuwait Finance House (KFH) launched a few months ago a bouquet of various promotion campaigns for credit and prepaid cards, in addition to travel insurance documents. Such offers seek to serve clients and various market sectors, in addition to cementing
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NBF partners Angel Appeal in its support of seafarers
(AME Info
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30/05/2012)
The National Bank of Fujairah (NBF) announced that it has donated Dhs100,000 to the Angel Appeal, a charitable initiative that cares for seafarers off the east coast of the UAE. The funds will go towards fuelling the "Flying Angel", a boat that provides
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Bank Muscat celebrates its Singapore operations
(Oman Daily Observer
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30/05/2012)
BankMuscat hosted a celebration in Singapore to mark the successful operations of its Representative Office launched in October 2011. A high-profile delegation from BankMuscat attending the ceremony included Shaikh Khalid bin Mustahail al Mashani,
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QSTec, Masraf Al Rayan sign deal for $1bn plant
(Gulf Times
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30/05/2012)
Officials at the signing of the financing agreement between Qatar Solar Technologies (QSTec) and Masraf Al Rayan. QSTec, a venture between Qatar Foundation and SolarWorld AG, said it obtained financing for a $1bn polysilicon plant from Islamic lender
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Al Khaliji-supported forum puts SMEs in the spotlight
(AME Info
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29/05/2012)
The '2nd Middle East SME Forum 2012', with support provided by Al Khalij Commercial Bank (Al Khaliji) QSC in the form of Headline Sponsors, kicked off its activities at the Grand Hyatt Doha. Held under the auspices of the Qatari Ministry of Business and
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ADX receives First Gulf Bank employees
(AME Info
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29/05/2012)
As part of its ongoing commitment towards the development of the financial sector in Abu Dhabi, Abu Dhabi Securities Exchange (ADX) received a delegation from First Gulf Bank. The visit aims to strengthen the cooperation between national financial
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Bank Dhofar expands its ATM network
(Oman Daily Observer
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29/05/2012)
BankDhofar is expanding its Automated Teller Machines (ATMs) presence to provide customers access their accounts at the Oman Oil Petrol Station at Shinas, Batinah North. This takes the total number of ATMs and CDMs for the bank to 140 across the
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Ajman Bank named ‘Best Islamic Bank’
(Khaleej Times
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29/05/2012)
Ajman Bank announced on Sunday that it has been named “Best Islamic Bank” in the Arab Achievement Awards presented on the third Annual Arab Investment Summit in Abu Dhabi. “Winning... reflects the quality of the work we do and the dedication we have
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ADCB given awards for Etihad card
(Khaleej Times
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29/05/2012)
Abu Dhabi Commercial Bank, or ADCB, has recently won two prestigious awards for its Etihad Guest Above Credit Card, co-branded with Etihad Airways, the national airline of the UAE. The first was the Freddie Award for 2012, which recognised the card as
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ENBD launches drive to encourage saving
(Trade Arabia
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28/05/2012)
Emirates NBD (ENBD), a leading bank in the region, has launched a campaign to encourage customers to save more through greater focus on specific savings-related products. Valid until the end of August 31, the campaign offers customers 350 opportunities
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NBAD appoints new general manager
(Trade Arabia
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28/05/2012)
The National Bank of Abu Dhabi (NBAD) has announced that it has appointed George Beatty as general manager of consumer and elite banking. Beatty will lead NBAD’s strategy to expand its ground-breaking concepts in consumer banking and significantly
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Prestigous Law Firm Signs Letter of Intent As Anchor Tenant
(Press Release
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28/05/2012)
TFI US Real Estate Fund, Hines and Archstone, developers of CityCenterDC, confirmed today the execution of an exclusive letter of intent with a global law firm, Covington & Burling LLP, as the anchor office tenant of its landmark, mixed-use development
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Dubai Islamic Bank opens doors to new Karama branch
(AME Info
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28/05/2012)
Dubai Islamic Bank (DIB) announced the opening of a new branch in Karama, Dubai, bringing its UAE wide network to 75 branches. The branch, which takes DIB's Dubai network to 36 branches, was officially inaugurated by Abdulla Al Hamli, Chief Executive
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Qatar National Bank hosts the second annual auto dealers dinner
(AME Info
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28/05/2012)
Qatar National Bank (QNB), the largest financial institution in the State of Qatar and in the Gulf, held its second annual auto dealer reception dinner for its leading car dealers and partners thanking them for their support during the past year. The
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Emirates NBD launches campaign to encourage customer focus on saving
(AME Info
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28/05/2012)
Emirates NBD, a leading bank in the region, announced today the launch of a campaign to encourage customers to save more through greater focus on specific savings-related products. The campaign is in keeping with Emirates NBD's objective to provide
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Registration for NBK Summer Internship Program continues till Thursday
(Al Watan
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28/05/2012)
National Bank of Kuwait (NBK) announced in a press release on Sunday that the registration for the 2012 Summer Internship Program is open till Thursday May31, 2012. The program, specially designed for high school and college students between 15 and 20
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ADCB recognised for its 'Etihad Guest Above Credit Card'
(AME Info
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27/05/2012)
Abu Dhabi Commercial Bank 'ADCB' has recently won two prestigious awards for its 'Etihad Guest Above Credit Card', co-branded with Etihad Airways; the first was the Freddie Award for 2012, which recognised the card as the 'Best Loyalty Credit Card' in
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Bank Sohar hosts Sur branch customers
(Oman Daily Observer
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27/05/2012)
In line with its policy of maintaining continuous and close communications with its expanding client base, Bank Sohar recently held a dinner gala for local dignitaries and customers of its Sur Branch at Sur Plaza Hotel. The event was held under the
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NBO opens new Al Sadara Centre
(Oman Daily Observer
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27/05/2012)
National Bank of Oman (NBO) recently opened a new Wealth Management Centre for "Al Sadara" customers, at its Nizwa Farq Branch, in Nizwa. Shaikh Salim bin Rabee bin Khamis al Sinaidi, Wali of Manah, formally inaugurated NBO’s Sadara Center, in the
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