 Emirates Bank donates AED 100,000 to the UAE Red Crescent Society
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Emirates Bank’s endeavour to create a better tomorrow for the less privileged was on show again after the prestigious Dubai Desert Classic.
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Wednesday, February 08, 2006
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EFG Bank Joins Dubai International Financial Centre (DIFC)
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International - a global private banking group offering private banking and asset management services, headquartered in Zurich announced that its subsidiary EFG Bank has been granted a license by the Dubai Financial Services Authority (DFSA).
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Tuesday, February 07, 2006
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Al Rayan Bank IPO more than 6 times over-subscribed
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The Al Rayan Bank Initial Public Offering (IPO) closed on Sunday 29th January more than 6 times over-subscribed having raised in excess of QR 14.2 billion in subscriptions.
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Sunday, February 05, 2006
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DIFX welcomes Morgan Stanley
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The Dubai International Financial Exchange (DIFX) today welcomed Morgan Stanley as a member firm.
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Saturday, February 04, 2006
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DIFCA posts amendment to Companies Law for public comment
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Dubai International Financial Centre Authority (DIFCA) today submitted for public consultation and comment amendments to its Companies Law, DIFC Law No. 2 of 2004.
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Tuesday, January 31, 2006
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AMAN Board decided to distribute 15% cash dividend
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Dubai Islamic Insurance and Reinsurance Company (AMAN) on its board meeting came up with a number of strategic recommendations to the General Assembly in their upcoming regular meeting.
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Tuesday, January 31, 2006
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Gulf Finance House Net Profit up by 147 per cent to US$ 140 million in 2005
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Gulf Finance House (GFH) announced results for the fiscal year ending December 31 2005 with a consolidated net profit of US$ 140 million compared to US$ 57 million for 2004, an overall increase of 147 per cent.
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Monday, January 30, 2006
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Al Salam Bank to go public next week
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Al Salam Bank Bahrain Founders’ Committee will start its IPO on Sunday 5th February, 2006. The banks 35% shares will be offered with a value amounting to BD 42 million (AED420 million).
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Sunday, January 29, 2006
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Bank of Sharjah record 340% profit growth
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Bank of Sharjah has announced unprecedented net profit growth. The net profit of the bank in 2005 reached AED602.8 million, an increase of 340 per cent compared to its 2004 profit of AED137 million.
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Tuesday, January 24, 2006
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ABN AMRO acquires majority stake in Banca Antonveneta
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ABN AMRO announces today that it has increased its stake in Banca Antonveneta to 55.8% following the purchase of 79.9 million shares from Banca Popolare Italiana (BPI).
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Tuesday, January 03, 2006
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