Zurich, Switzerland and Dubai, UAE: Falcon Private Bank, the Swiss wealth management specialist, recently reiterated its commitment to the Middle East with the announcement of the opening of a representative office in Abu Dhabi. Falcon Private Bank offers personalized wealth management and investment solutions to private clients, wealthy families and institutional investors. The Swiss Private [...]
February 14, 2011 | Posted in
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PRESS RELEASE Gap Widening Between Strong and Weak Performers in Corporate Banking Sector, Says Report by The Boston Consulting Group Leading Corporate Banks, Globally and in the GCC, Seize Opportunities Created by the Downturn to Grow Their Revenues and Profits; Financial Distress of Clients and Lagging Loan Losses Continue to Plague Slow-Performing Corporate Banks Dubai, [...]
November 9, 2010 | Posted in
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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 [...]
Dubai, April 27, 2009: Following the conclusion of its Extraordinary General Meeting (EGM), which was held today, Dubai Islamic Bank (DIB) announced that the assembly has approved the increase of the bank’s capital by AED 3 billion over a five-year period. The assembly has delegated the Board of Directors to implement this resolution. The conversion [...]
United Arab Emirates, Dubai. 29th April 2009: Emirates NBD, the largest banking group in the region in terms of assets, has once again given its debit and credit cardholders the exclusive chance to get their hands on some incredible bargains at the Mega Sale event, scheduled to be held starting today the 29th of April – [...]