finance
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Al Hilal Bank Wins Two Major Prizes At 2013 Islamic Finance News Awards (25 February 2014)
cash needs – a feature that is uncommon in Murabaha deals. It re-profiled the company’s existing debt into a multi-tranche facility, funded a USD 80 million dividend, financed expansion, and met current working capital requirements. Al Hilal Bank was one of the Arrangers for the complex transaction.



Al Hilal Bank Named Safest Islamic Bank In The UAE By Global Finance (22 February 2014)
Global Finance, a pioneering magazine for international finance, has ranked Al Hilal Bank the ‘Safest Islamic Bank in the UAE’ and the second in the entire GCC in its first-ever list of the Safest Islamic Banks in the GCC after conducting a rigorous evaluation process.



Al Hilal Bank Named Safest Islamic Bank In The UAE By Global Finance (22 February 2014)
Global Finance, a pioneering magazine for international finance, has ranked Al Hilal Bank the ‘Safest Islamic Bank in the UAE’ and the second in the entire GCC in its first-ever list of the Safest Islamic Banks in the GCC after conducting a rigorous evaluation process to assess the stability of the



Department Of Finance Organises Abu Dhabi Government ERP System Users Forum (19 February 2014)
The Department of Finance-Abu Dhabi (DoF), in collaboration with Oracle Middle East & Africa, organised its first forum on the Abu Dhabi Government ERP System (ADERP) for the 33 state-owned entities which applied the system and fund their operational and capital operations from the general budget of



Abu Dhabi Finance Continues Profitablity (18 February 2014)
Abu Dhabi Finance (ADF), a leading home finance provider in the UAE, achieved a 10 per cent increase in both client numbers and the size of its loan book in 2013, while its economies of scale and increasing business efficiency allowed it to deliver a 107 per cent increase in operating profits.



Saadiyat Development And Investment Company (SDIC) Signs Home Financing Agreement With Aseel Islamic Finance (16 February 2014)
Saadiyat Development and Investment Company (SDIC) has signed a strategic agreement with Aseel Islamic Finance, to provide its customers Shariah-compliant financing for villas located in Hidd Al Saadiyat, a luxurious residential development project on Saadiyat Island, Abu Dhabi.



ADP Finance And Services Honors 4 Outstanding Employees (14 February 2014)
In a ceremony held at his office, Major General Khalil DawoodBadran, Director General of Finance and Services at Abu Dhabi Police honored four distinguished staff members from the department. This accolade falls in line with the Ideal Employee Award, and comes as recognition of their efforts,



Department Of Finance- Abu Dhabi Renews The Management Contractof Its Commercial Buildings With Abu Dhabi Commercial Bank (1 February 2014)
Department of Finance- Abu Dhabi (DoF) announced today the renewal of the management agreement signed with Abu Dhabi Commercial Properties (ADCP),a subsidiary of Abu Dhabi Commercial Bank,considering the successful partnership achieved during the past five years.



Telecoms And Finance Among Key Industries Preparing For Tawdheef Recruitment Exhibition (22 January 2014)
UAE telecommunications company du has confirmed it will be looking to recruit at least 50 Emirati personnel when it participates in Tawdheef, the region’s leading recruitment event, next month.



TAQA Wins Finance Award For Ground-breaking Power Project Bond (14 January 2014)
TAQA, the international energy company based in Abu Dhabi, has won the 2013 Middle East Bond Deal of the Year award from Project Finance International for its Shuweihat S2 refinancing, the first tradable power project bond in the GCC.




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