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Al Khaliji general assembly okays amendments to AoA, election policy
(Gulf Times - 30/11/2017)

Al Khalij Commercial Bank (Al Khaliji) held its deferred ordinary and extraordinary general assembly meetings at the Marriot Marquis yesterday. At the ordinary general assembly meeting, the shareholders discussed and adopted the board nomination and

QInvest participates in QU’s annual Finance & Economics Day
(The Peninsula - 30/11/2017)

The College of Business & Economics at Qatar University hosted QInvest, Qatar’s leading private investment group, as part of its annual Finance and Economics Day. The event was held under the patronage of Dr Khaled Shams, Dean of The College of Business

FAB becomes first UAE bank to sign up to UN Global Compact
(WAM - 29/11/2017)

First Abu Dhabi Bank, FAB, has become the first UAE bank to sign the United Nations Global Compact (UNGC), a UN policy initiative encouraging businesses worldwide to adopt sustainable and socially responsible policies. The UN Global Compact is the

Emirates Islamic launches savings campaign
(Press Release - 29/11/2017)

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the launch of a new savings campaign that will allow customers to earn up to 200,000 bonus Skywards Miles. From November 5 – December 31, 2017, new and existing

QIIB hosts Voltaire School students
(The Peninsula - 29/11/2017)

Qatar International Bank (QIIB) has hosted a group of students from Voltaire School as part of the bank’s Corporate Social Responsibility commitment, recently. At the QIIB, the students were introduced to various aspects of Islamic banking, banking

Bank Muscat celebrates al Mazyona salary prize draw at Municipality
(Oman Daily Observer - 29/11/2017)

Bank Muscat, the flagship financial services provider in the Sultanate, as part of its ‘Let’s Do More’ vision and commitment to partnership in sustainable development, celebrated al Mazyona salary prize draw at Muscat Municipality head office. Coinciding

Al Hilal Bank makes senior appointments
(Gulfnews - 29/11/2017)

Al Hilal Bank said it has made two senior appointments. The bank said it has appointed Sebastian Frederiks as head of global markets and financial institutions and Wael Al Ashqar as head of financial institutions in the Middle East and North Africa

BBK opens new branch at Seef Mall
(Press Release - 28/11/2017)

BBK, Bahrain’s pioneer in retail and commercial banking, has inaugurated its new full-fledged branch in Seef Mall, Seef District. The official opening took place on the 27th of November 2017 with the presence of, BBK Chief Executive, Reyadh Yousif Sater,

Doha Bank hosts ‘employee recognition awards’ event
(The Peninsula - 28/11/2017)

Doha Bank, appreciated and recognised outstanding performances of its employees by recently celebrating the monthly Employee Recognition Awards. Dr R Seetharaman, CEO of Doha Bank, personally felicitated the employees from various disciplines and

Qatar Islamic Bank to sponsor Euromoney Qatar Conference
(The Peninsula - 28/11/2017)

Qatar Islamic Bank (QIB) has announced that it is the lead sponsor of the 2017 Euromoney Qatar conference. The 6th edition of the leading finance and investment conference will be held on the 5th and 6th of December. The conference, which is hosted by

Al Salam Bank launches its new online product application service “App
(Biz Bahrain - 28/11/2017)

Al Salam Bank-Bahrain, one of the pioneering Shari’a-compliant banks in the Kingdom, announced the launch of its new online product application service “[email protected]” that allows its retail customers to apply for the desired banking products electronically

CBQK CEO sees huge opportunities for Asean countries in Qatar
(0 Comments The Peninsula Qatar - 27/11/2017)

Commercial Bank Group CEO Joseph Abraham has said there are huge untapped opportunities available for Asean exports in Qatar. Delivering a key note address at the ASEAN seminar on ‘trade and investment’ in Doha, Abraham said that for every dollar of

Doha bank hosts Qatar-Mexico knowledge sharing session
(The Peninsula Qatar - 27/11/2017)

Doha Bank, one of the largest private commercial banks in Qatar, hosted a knowledge-sharing session to explore business and investment opportunities in Mexico and Qatar. The event, co-hosted by ProMexico and the Mexican Embassy in Qatar was attended by

RAKBank introduces new savings deposit account
(WAM - 27/11/2017)

RAKBank has announced the launch of its new savings deposit account called ‘Recurring Deposits’, that offers easy access to customers’ funds, guaranteed principal, and the ability to earn up to 2.5 per cent interest on their savings. Ideal for customers

KHCB prepares to list its shares on the Dubai Financial Market
(News of Bahrain - 26/11/2017)

Khaleeji Commercial Bank (KHCB) yesterday announced plans to list its shares in the Dubai Financial Market (DFM) after obtaining necessary regulatory approvals. The Bahrain-based bank said it is awaiting clearances from the regulatory authorities in

Digitisation, it’s all in the family
(Gulf News - 26/11/2017)

Emirates Islamic is targeting balance sheet growth and improved profitability along with digitisation. In fact, these two objectives are complementary, according to Wasim Saifi, Deputy CEO, Consumer Banking and Wealth Management of Emirates Islamic. For

Malabar Gold’s Sharia-compliant bullion facility restructured:NBF
(Gulfnews - 26/11/2017)

National Bank of Fujairah (NBF) today announced the completion of a Sharia-compliant bullion financing transaction with Malabar Gold. This marks the first-ever Sharia-compliant bullion financing in accordance with the Accounting and Auditing Organisation

Banque Saudi Fransi faces fine over regulatory violations -SAMA
(Reuters - 23/11/2017)

Banque Saudi Fransi (BSF) faces a fine over irregularities in an employee incentive programme, Saudi Arabia’s central bank said on Thursday. The Saudi Arabian Monetary Authority (SAMA) did not specify the size of the potential penalty, but said in a

UAE's Bank of Sharjah and Invest Bank in merger talks: sources
(Reuters - 23/11/2017)

Bank of Sharjah BOS.AD and Invest Bank INVB.AD are in merger talks that could create an institution with about 50.6 billion dirhams ($13.8 billion) of assets, sources familiar with the matter told Reuters. In the latest latest sign of consolidation in

ENBD golfers campaign offers Dh1 million cash
(Trade Arabia - 23/11/2017)

Emirates NBD (ENBD), a leading bank in the UAE, has announced the return of the Million Dirham Putt - a campaign where amateur golfers from across the region compete for a chance to win Dh1,000,000 ($272,000) cash. Organised in association with the

SSDC signs RO14m loan contract with Bank Dhofar
(Oman Daily Observer - 23/11/2017)

The Salalah Sanitary Drainage Services Company (SSDC) signed a loan agreement with Bank Dhofar on Wednesday to finance the rehabilitation project for its Raysut treatment plant, which aims to raise the average capacity of the main treatment plant from

RAKBank launches blockchain-based remittance to India
(Gulfnews - 23/11/2017)

RAKBank has partnered with Ripple to leverage on its global blockchain network (RippleNet) to offer instant and secure money transfer services to Axis Bank account holders based in India. These live retail remittance payments from RAKBank to Axis Bank

Bank of Sharjah, Invest Bank ‘in merger talks’
(Arab News - 23/11/2017)

Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about 50.6 billion dirhams ($13.8 billion) of assets, sources familiar with the matter told Reuters. In the latest latest sign of consolidation in the UAE’s crowded

Dubai-based lender Mashreq in Qatar for long haul - CEO
(Reuters - 22/11/2017)

Dubai-based bank Mashreq MASB.DU is in Qatar for the long haul, chief executive Abdulaziz al-Ghurair told reporters on Wednesday. He was speaking as a regional political dispute rages on between Qatar on the one hand and the United Arab Emirates, Saudi

Bank Muscat, IMD join forces for best practices in banking sector
(Oman Daily Observer - 22/11/2017)

Bank Muscat, the flagship financial services provider in the Sultanate, in partnership with the International Institute for Management Development (IMD) from Switzerland, one of the leading international business schools, organised a workshop on

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