Archive for the Category ‘Banking’

Emirates NBD appoints ASDA’A Burson-Marsteller as public relations consultant

Emirates NBD appoints ASDA’A Burson-Marsteller as public relations consultant

Middle East financial services leader enhances regional communications outreach
Dubai, December 12, 2009: In a sign of its commitment to sustained regional communications outreach, Emirates NBD, the Middle East’s largest bank by asset size, announced today that it has appointed ASDA’A Burson-Marsteller as its retained public relations consultancy.
The appointment of ASDA’A Burson-Marsteller comes at a [...]

World Bank team praises leading role of DED’s Business Registration and Licensing Division

World Bank team praises leading role of DED’s Business Registration and Licensing Division

Dubai, December 12, 2009: A World Bank delegation recently visited the Business Registration and Licensing Division at the Dubai Department of Economic Development (DED) to review the business registration process. The initiative is part of several visits to government officials organised in co-ordination with H.E. Secretary General Abdullah Nasser Lootah of the Emirates Competitiveness Council [...]

Dubai Bank wins prestigious ‘CIO Top 20′ award

Dubai Bank wins prestigious ‘CIO Top 20′ award

 Recognises Dubai Bank’s innovative IT solutions and processes
 Only 20 companies chosen across Middle East
 Presented by Computer News ME
Dubai, December 12, 2009: Dubai Bank announced today that it has been selected as one of the “Top 20 innovative users of IT for business” in the Middle East. The awards, presented by Computer News Middle East, celebrate [...]

Partnering to create a stronger Islamic financial sector

Partnering to create a stronger Islamic financial sector

Manama, Bahrain – 07 December 2009: UK Trade & Investment is leading an 18 strong delegation of UK Islamic finance organisations to the 16th Annual The World Islamic Banking Conference. While financial markets have been tested this year UK Islamic financial organisations remain positive that business continues and they remain committed to strengthening their partnerships [...]

Dubai lslamic Bank launches new Al Islami Online Banking

Dubai lslamic Bank launches new Al Islami Online Banking

Dubai, November 14, 2009: In line with its ongoing commitment to customer care and technical innovation, Dubai Islamic Bank (DIB) announced today the launch of its new Al Islami Online Banking system. The launch marks the first phase in the modernisation initiative of Al Islami Online Banking.
This upgraded system provides a simple, user-friendly experience and [...]

Mashreq: Nine month operating income AED 3.9 billion

Mashreq: Nine month operating income AED 3.9 billion

Dubai – UAE, 29th October 2009: Mashreq, one of the UAE’s leading financial institutions, reported a 20% year on year increase in operating income for the first nine months of 2009 to AED 3.9bn. Net income for the nine months to 30 September 2009 is recorded as AED 1.12bn in response to higher provisions on [...]

Emirates Islamic Bank launches Ramadan Promotion

Emirates Islamic Bank launches Ramadan Promotion

Dubai, UAE, 23-Aug-2009: Emirates Islamic Bank got into the spirit of Ramadan by launching INTALEQ (Vehicle Finance) Promotion. This new Sharia-compliant vehicle finance promotion will run until the 30th of September 2009, giving its customers an easier way to gift themselves a car during this auspicious time of the year.
Based on the Islamic concept of [...]

Dubai Bank marks Holy Month with wide range of Ramadan activities

Dubai Bank marks Holy Month with wide range of Ramadan activities

Dubai, August 19, 2009: Dubai Bank, an innovative financial institution dedicated to the principles of Shari’a, today unveiled a wide range of events planned for the Holy Month of Ramadan, highlighting its commitment to the welfare of its customers, employees and the community at large.
One of the key activities is Dubai Bank’s partnership with the [...]

Dubai Islamic Bank Enhances Customer Service and Cuts Costs with Avaya IP Telephony

Dubai Islamic Bank Enhances Customer Service and Cuts Costs with Avaya IP Telephony

Dubai, UAE, 09-June-2009: Dubai Islamic Bank – the world’s first fully-fledged Islamic bank founded in 1975 – has reduced its branch-to-branch communications costs by almost 50 percent in just six months by deploying an Avaya IP telephony solution.  Covering 80 branches and more than 3000 extensions, the new Avaya system also enables Dubai Islamic Bank to [...]

Barclays launches women’s leadership programme

Barclays launches women’s leadership programme

UAE, Dubai, 6 May 2009: Barclays Bank UAE has selected five women from within its ranks to comprise the first class of the Women’s Leadership Programme (WLP).
The five women selected for the WLP will be assigned a series of projects in departments outside of their own to increase their exposure to the other business units [...]