Press Releases

Global Financial Markets Forum Kicks off Wednesday UAE Central Bank Governor highlights benefits of local debt market Distinguished speakers discuss future of European Union Investor presentations feature top companies – Aldar / Sorouh to make joint Investor Presentation   Abu Dhabi (February 25, 2013) – The 2013 Global Financial Markets Forum (GFMF) kicks-off on Wednesday, 27th February 2013 at Abu …

February 18, 2013 Importers and trading companies from the UAE who are taking part in the hosted buyer’s programme, which is being held as part of the Brazilian Trade Mission to the UAE from February 20 to 21, 2013 at the Jumeirah Emirates Towers Hotel – Dubai, expect to engage in highly fruitful discussions with the visiting Brazilian delegation comprising …

LONDON/DUBAI – 18th February, 2013 – Volante Technologies, a global leader in the provision of innovative financial data integration technology, today announced the launch of their Middle East & Africa (MEA) Supply Chain Finance (SCF) readiness survey. The survey will be unveiled at the Exporta Trade Finance Week in Dubai, the event for the trade and export finance industry within the …

GCC Economic Developments & Outlook 2013 By: Dr. Gıyas Gökkent, NBAD’s  Group Chief Economist  GCC nominal GDP reached about US$ 1.56 trillion in 2012, up from US$ 1.44 trillion in 2011 UAE economy to grow by 3.2% in 2013   Abu Dhabi (February 19, 2012) –2012 was a record year in many respects. It was the second consecutive year with …

Abu Dhabi (February 18, 2013) – The 2013 Global Financial Markets Forum(GFMF) that begins on February 27 is made possible by sponsors and partners from a range of industries and Government organizations. GFMF, the annual conference organized by the National Bank of Abu Dhabi (NBAD), brings to Abu Dhabi every year prestigious, high-profile, and influential thinkers. The Forum, which attracts …

Press Release 16 February 2013 The 70th ICIEC’s Board of Directors Meeting ICIEC supports investments and exports in its member countries by more than USD 3 Billion in 2012  Under the Chairmanship of Dr. Ahmed Muhammad Ali, the President of Islamic Development Bank (IDB) Group, the Board of Directors (BOD) of the Islamic Corporation for the Insurance of Investment and …

Moody’s confirms Aa3 rating of ICIEC, for the 6th consecutive year  Moody’s Investors Service, one of the leading rating agencies in the world, has confirmed (on 5th, February 2013) the Aa3 Insurance Financial Strength Rating (IFSR) of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), for the sixth consecutive year. In its report Moody’s noted that …

NBAD’s Global Financial Markets Forum Offers  First Virtual Conference in MENA GFMF to offer virtual 3D environment  “Virtual Delegates” interact with attendees GFMF Virtual World supports one-on-one and group conversations Abu Dhabi (February 12, 2013) – The 2013 Global Financial Markets Forum (GFMF) will be available virtually via the state-of-the-art AvayaLiveTM Engage, an interactive virtual conferencing that allows delegates who …

NBAD & NPCC Sign US$ 100 Million Deal NBAD supports offshore and marine structures development Abu Dhabi – (February 10, 2013) The National Bank of Abu Dhabi (NBAD) signed a deal with National Petroleum Construction Company (NPCC), to provide it US$ 100 million (nearly AED 367 Million) financing toward the construction of a new vessel. NPCC is a Public Joint …

7 February 2012 HSBC Launches Payments Service on Mobile Banking for Corporates *HSBCnet addresses increasing demand from business for enhanced mobile capabilities *US$10 billion payments authorised on HSBCnet Mobile since its launch globally *Over US$393 million payments authorised on HSBCnet Mobile in 2012 in the Middle East and North Africa region HSBC has enhanced its mobile banking offering in its …

Abu Dhabi (February 7, 2013) – The 2013 Global Financial Markets Forum (GFMF) will examine and debate the future of European Union, US’s role and the rising economic influence of emerging markets. “European fiscal crisis and the US debt continue to be lingering challenges; at the same time many emerging economies continue to grow. This year’s GFMF will provide insightful …

Mashreq supports Emirati staff with Educational sponsorships Continuing bank efforts to offer various training opportunities United Arab Emirates, 5th February 2013: In line with its Emiratisation strategy and efforts to continue offering suitable opportunities for career growth, leading financial institution Mashreq announced educational sponsorship of Emirati staff within the bank. The move demonstrates Mashreq’s commitment towards nurturing talented UAE Nationals …

NBAD Wealth Builder offers a range of investment options New service enhances UAE’s attractiveness for best talent Abu Dhabi (February 5, 2013) – NBAD Trust Company (Jersey) Limited, the wholly owned subsidiary of  the National Bank of Abu Dhabi PJSC (NBAD), has launched Today Wealth Builder Plan, an innovative corporate trust solution that allows employers to offer their expatriates staff …

Manama, Bahrain: 05 February 2013: Major achievements, innovations and excellence in the regional insurance industry were recognised at the 9th Annual Middle East Insurance Forum (MEIF 2013) award ceremony held yesterday at the Gulf Hotel in the Kingdom of Bahrain. The annual MEIF Institutional Excellence Award, which is one of the oldest and most prestigious in the industry, is designed …

February 5, 2013  Bank of America Merrill Lynch Launches CashPro Accelerate® in Asia Pacific  Innovative Cash Management Reporting Solution Rolled out in 12 Markets HONG KONG — Bank of America Merrill Lynch Global Transaction Services (GTS) today announced the launch of the CashPro Accelerate® reporting solution across Asia Pacific. CashPro Accelerate is now available to treasury management clients in 12 …

The region’s largest and most influential annual gathering of insurance industry leaders set to gather more than 500 international delegates as they seek to tackle the challenge of balancing growth with profitability in the Middle East insurance industry. Manama: Kingdom of Bahrain: 3rd February 2013: Leading industry players, thought leaders and key regulators representing the regional insurance industry will take …