Thursday 31 July 2014
 
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Union of Arab Banks

Bahrain banks warned against cyber attacks

Banks in Bahrain are vulnerable to the kind of cyber attacks that saw $45 million stolen from two banks in the Middle East - the UAE-based National Bank of Ras Al Khaimah and the Oman-based Bank Muscat, said an expert. "This

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EastNets to highlight new US tax law at forum

EastNets, a leading global provider of compliance and payments solutions, will discuss the implications of the new US Foreign Account Tax Compliance Act (FATCA) at an upcoming summit in Hurghada, Egypt. The FATCA-focused conferenc

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80pc of Arab banks ‘ready for new rules’

Eighty per cent of Arab banks are in a position to meet new international regulations on the level of reserves they need to hold while all banks in Bahrain meet these standards, said a top official. Union of Arab Banks (UAB) chair

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Al Baraka chief wins top US banking award

Adnan Ahmed Yousif, president and chief executive of Al Baraka Banking Group and chairman of the Union of Arab Banks was recently awarded the “2012 Lariba Award for Excellence in Achievement” in Dallas. The award was bestowe

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Mashreq CEO wins top bankers award

AbdulAziz Al Ghurair, CEO of Mashreq, a leading financial institution in the UAE, has won the Arab Banker of the year for the private sector award 2010-2011 from the Union of Arab Banks (UAB). He received the award during the annual Intern

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UAB selects Al Mazroui as president

The Union of Arab Banks’ (UAB) general assembly has selected Sulaiman Al Mazroui, board member of UAB and representative of UAE banks as the president of the assembly for a period of one year. The decision came at the UAB board meeting an

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IIRA and Union of Arab Banks in training pact

The Islamic International Rating Agency (IIRA) has entered into agreement with Union of Arab Banks (UAB), to organise joint training programs on Financial Institutions Analysis in different areas and jurisdictions. Based in Manama, IIRA is

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IIRA and Union of Arab Banks in training pact

The Islamic International Rating Agency (IIRA) has entered into agreement with Union of Arab Banks (UAB), to organise joint training programs on Financial Institutions Analysis in different areas and jurisdictions. Based in Manama, IIRA is

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Arab bank assets to cross $2 trillion

Arab bank assets will for the first top $2 trillion this year as Middle East and North African economies expand, and the banks lender more, the Union of Arab Banks said. Combined, lenders from Morocco to Oman are likely to post a 25 percen

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