BANKING

Moelis & Company Announces the Appointment of Eric Cantor as Vice Chairman and Member of the Board of DirectorsSeptember 2, 2014

Moelis & Company (NYSE:MC), a leading global independent investment bank, today announced the appointment of Eric Cantor, former United States Representative for Virginia’s 7thCongressional District and former House Majority Leader, as Vice Chairman and Managing Director. Mr. Cantor will also be elected to the Moelis & Company Board of Directors.


In his new"...

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Doha Bank CEO Honored with Lifetime Achievement AwardAugust 26, 2014

The Institute of Directors, Tamil Nadu State Chapter hosted the Global Summit 2014 on Business Excellence on August 22 and 23, 2014 at ITC Grand Chola, Chennai – India. The theme of the Summit was “Business excellence through Boardroom best practices”. Dr. R. Seetharaman, CEO of Doha Bank participated in the function and was honoured with “Life Time Achievement Award” on 22 August 2014. He received the award from the Chief guest Dr. K. Rosaiya, Hon’ble Governor of Tamil Nadu, India for his"...

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Jordan Ahli Bank’s SME Academy Unit holds training workshop on effective communicationAugust 19, 2014

In continuation of its free training programs geared toward small and medium enterprises (SMEs), Jordan Ahli Bank's SME Academy Unit recently held a new training workshop on the principles of effective communication in the workplace, which took place at the Sheraton Hotel under the guidance of certified instructor Sereen Abu Maizar.


The workshop program was designed to reinforce"...

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Jordan bank goes on trial for 'financing terrorists'August 16, 2014

Jordan's Arab Bank went on trial Thursday in New York accused of aiding terror by transferring support funds to the families of Palestinians who died in the conflict with Israel.


The families of several Americans killed in early 2000s attacks by the Islamic movement Hamas said the bank, which has a New York branch, was in violation of the 2001 Anti-Terrorism Act when it"...

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Facebook’s Jordan Banks: ‘It’s not enough just to dream’August 14, 2014

When it comes to social media, Facebook is king.

Aside from a couple of now-forgotten predecessors (Friendster or Myspace, anyone?), Facebook essentially created social media as we know it, and revolutionized the way people communicate with each other.


Despite occasional proclamations of its imminent"...

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Jordan Ahli Bank’s SME Academy Unit Holds Training Workshop on HR PlanningAugust 5, 2014

In continuation of its free training programs geared toward SMEs, Jordan Ahli Bank's Small and Medium Enterprise (SME) Academy Unit recently held a new training workshop on essential human resources planning.


The workshop program was designed to reinforce the knowledge and skills of its participants, who comprised of Jordan Ahli Bank's clients and SME owners facing challenges"...

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Jordan Ahli Bank inaugurates its 55th branch in IrbidAugust 3, 2014

Jordan Ahli Bank recently inaugurated its 55th branch in Irbid’s Industrial Zone, marking this impressive milestone with a launching ceremony attended by Mr. Tarek Omaish, Head of Group Personal & Premium Banking & Local Branches Management.


The launch of this new branch comes to underscore Jordan Ahli Bank’s unwavering commitment to strengthening its"...

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31st July 2014 Jordan Commercial Banks Ratings Affirmed Jordan Commercial Bank - Ratings AffirmedAugust 2, 2014

Capital Intelligence (CI), the international credit rating agency, announced today that it has affirmed Jordan Commercial Bank's (JCB or the Bank) Long and Short-Term Foreign Currency Ratings (FCR) at 'BB-' and 'B', respectively. JCB's Long-Term FCRs are constrained by the ratings assigned to the sovereign ('BB-'/'B'/'Stable'). CI had lowered JCB's and all other Jordanian banks' Long-Term FCR to 'BB-' from 'BB', following the agency's lowering of Jordan's Sovereign Long-Term FCR to 'BB-' from 'BB' in December 2013. Jordanian banks' FCRs"...

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