banking

  • Al Ahli Bank of Kuwait (ABK) prices its highly successful US$300 million Tier 1 perpetual bond

    Al Ahli Bank of Kuwait K.S.C.P. (“ABK”) today priced a highly successful US$300 million bond, marking the first international capital markets issuance out of Kuwait in 2018. The instrument, issued to further boost ABK’s eligible Tier-1 capital has a call date of 5 years.

  • Al Falak brings American technologies into the Saudi market to serve banking sector

    Al Falak,Electronic Equipment & Supplies Co., a leading IT and communications solution provider in the Saudi market signed an agreement with a US based, CorreLog, the leader in multi-platform IT security event management, offering software systems and automation solutions to the financial - banking sector, throughCorreLog Server application via subscription delivered from the cloud.

  • Al Falak to now offer its services to Saudi Arabia’s banking and finance segment

    Al Falak Electronic Equipment & Supplies Company, a leading IT and communications solution provider, has revealed its move of offering its ICT-based services to the Kingdom of Saudi Arabia’s (KSA) banking and finance segment. The company is expected to leverage its diverse portfolio of services across banking institutions operating in the Kingdom. Services to be offered include the installation of integrated projects covering audio, visual and data systems; consultancy on ICT-related issues; implementation of LAN, WAN, WLAN and Ethernet solutions; IPTV and connection services and integrated security systems to help protect the bank’s internal networks.

  • Al Hamra Real Estate seals deal with Abu Dhabi Commercial Bank

    Al Hamra Real Estate Development (AHRED), the leading and largest developer in Ras Al Khaimah, has unveiled details of a new partnership with Abu Dhabi Commercial Bank (ADCB), a first for the property developer, to provide mortgage facilities for its expanding portfolio of projects.

  • Al Hilal Bank announces resignation of Group CEO

    Al Hilal Bank, the progressive Abu Dhabi - headquartered Islamic Bank, has announced the resignation of Mr. Mohamed Jamil Berro as the CEO, a position he has held since the bank’s establishment in 2008. Mr. Berro explained that his resignation is due to personal reasons. The Board of Directors expressed their appreciation for Berro, commending his vital role in raising the bar of the bank’s performance, services and products throughout his tenure.

  • Al Hilal Bank announces the appointment of a new board of directors

    Al Hilal Bank announced the appointment of a new board of directors under the Chairmanship of H.E. Mohamed Abdullah Al Rumaithi, and the election of H.E. Mohamed Ali Al Dhaheri as Vice Chairman to the Board of Al Hilal Bank.

  • Al Hilal Bank honored by ‘Zayed Giving Initiative’ for its ‘Heart to Heart’ Ramadan campaign

    Al Hilal Bank was honored by the Zayed Giving Initiative in appreciation for its collaboration in launching the ‘Heart to Heart’ Ramadan charity campaign during the ‘Zayed Humanitarian Forum’ that was held recently in Abu Dhabi. The trophy was handed over by Dr. Adel Al Shamry, CEO of the Initiative. The campaign aims to draw medical and moral support for children with congenital heart diseases, especially those whose families are financially underprivileged. The campaign is part of a bigger CSR platform ‘Joud Bil Khair’ (‘do good’) that was launched by Al Hilal Bank a year ago.

  • Al Hilal Bank hosts preparatory discussions for ‘UAE Banks Reception’ forming part of ‘The IMF World Bank annual meetings 2015’

    Al Hilal Bank recently hosted the third preparatory session for the United Arab Emirates Banks Reception scheduled to take place as part of the 2015 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) running from October 9 to 11, 2015 in Lima, Peru.

  • Al Hilal Bank inaugurates new eco-friendly branch in Abu Dhabi’s iconic Masdar City

    Al Hilal Bank has inaugurated its new branch in Masdar City, a mixed-use project being developed in Abu Dhabi which is envisioned to emerge as the world’s most sustainable eco-city. The branch highlights Al Hilal Bank’s commitment to introducing products, services and facilities that are environmentally friendly and powered by state-of-the-art technology.

  • Al Hilal Bank joins annual UAEFA President’s Cup ‘Trophy Tour’ kickoff

    Al Hilal Bank has joined the kickoff press conference for the annual UAE Football Association (UAEFA) President’s Cup’s Trophy Tour at the Association’s Dubai Headquarters. The tour will once again generate interest in the country’s premier professional football tournament which Al Hilal Bank is supporting for the seventh year in a row. The press conference was attended by UAEFA Board Member H.E. Mohammed Abdulaziz and H.E. Yousuf Yaqoob Al-Serkal, President of UAEFA.

  • Al Hilal Bank launches ‘Heart to Heart’ Ramadan 2015 campaign in support of children with congenital heart diseases

    Upholding the genuine spirit of giving, Al Hilal Bank has held a press conference at its headquarters in Abu Dhabi to officially launch its special ‘Heart to Heart’ campaign under the umbrella of the ‘Joud Bil Khair’ (‘do good’) programme organized last year for this holy month of Ramadan. The initiative encourages medical, moral and financial support for children with congenital heart diseases, especially those belonging to low-income families. Dr. Adel Al Shamry, CEO of Zayed Giving Initiative, and Mohamed Jamil Berro, Group CEO of Al Hilal Bank, were the main speakers at today’s inauguration conference.

  • Al Hilal Bank launches ‘Together for the Month of Giving’ Campaign

    Al Hilal Bank launched its ‘Together for the Month of Giving’campaign and visited Al Mudheef Special Needs Center in Abu Dhabi on Thursday.   This campaign is part of “Joud bel Khair” (Do Good) program and aims to reinforce the values of caring, tolerance and giving within the local community. Under this campaign ‘Suhour’ will be distributed each week during Ramadan at different locations in Abu Dhabi.

  • Al Hilal Bank named ‘Best Islamic Financial Institution’ in the UAE & Kazakhstan by Global Finance magazine

    Al Hilal Bank has announced that it was named ‘Best Islamic Financial Institution’ in the UAE and in Kazakhstan at Global Finance magazine’s 8th Annual Awards for the World’s Best Islamic Financial Institutions. The recognition affirms Al Hilal’s exceptional ability to ensure safety and security for its customers while developing new and innovative structures in line with Shariah financial principles. This marks the first time that the bank has won under the Awards’ Country category.

  • Al Hilal Bank Participates in ‘Emirati Women: Excellence & Innovation 2016’ Conference

    Al Hilal Bank participated as a Silver Sponsor in the ‘Emirati Women: Excellence & Innovation 2016’ Conference, on 8 March 2016, in conjunction with the International Women's Day. This conference was be held under the patronage of Her Highness Sheikha Fatima bint Mubarak, Supreme Chairperson of the Family Development Foundation, Chairperson of the UAE Women’s General Union and the Chairwoman of the Supreme Council for Motherhood & Childhood.

  • Al Hilal Bank raises Private Placement funding USD 225 Million

    Al Hilal Bank acquired a Private Placement funding worth USD 225 Million under its existing Trust Certificate Issuance Program of USD 2.5 Billion. This is the second tranche under the program. The first funding secured was worth USD 500 Million for five years, and was issued back in 2013.

  • Al Hilal Bank Wins 10th Middle East Smart Government and City Customer Care Excellence Award

    Al Hilal Bank won the 10th Middle East Smart Government and City Customer Care Excellence Award, presented by the Middle East Excellence Awards Institute during a special ceremony held on the 3rd February 2016 in Dusit Thani, Dubai. The award was conferred to the organizations that displayed outstanding achievements in customer care, supporting the excellence-driven efforts and improving the smart government system.

  • al khaliji adds two more coveted titles to its ‘Banker Middle East’ awards for 2016

    al Khaliji Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, has been recognized for having the ‘Best Premium Bank Service’ and the ‘Best Private Bank Service’ from CPI Financial’s prestigious magazine, adding two more coveted titles to the awards the bank has received from the ‘Banker Middle East’ in 2016 year.

  • al khaliji adopts green practices on its premises

    Al Khalij Commercial Bank (al khaliji) P.Q.S.C, Qatar's next generation bank, has launched an internal drive to support the environment by adopting sustainable best practices on its premises, as part of its ongoing commitment to the environment. This initiative comes as part of al khaliji’s ongoing CSR practices.

  • al khaliji announces its participation at the 11th annual Career Fair

    Al Khalij Commercial Bank (al khaliji) P.Q.S.C., Qatar’s next generation bank, is participating in the 2017 edition of Qatar University’s (QU) annual Career Fair, which was kicked off yesterday at the University’s premises. al khaliji’s participation comes in the framework of its Qatarization strategy, and goals in line with the Bank’s Social Responsibility towards the community in which it operates.

  • al khaliji Annual General Assembly Endorses 2016 Financial Statements and Approves Distribution of Cash Dividends

    Al Khalij Commercial Bank (al khaliji) Q.S.C. held its Annual General Assembly (AGA) and its Extraordinary General Assembly (EGA) meetings on Monday 20 February 2017.