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    BANKING

    Arab Jordan Investment Bank rolls out ICS Banks tech at newly acquired branchesSeptember 16, 2014

    Arab Jordan Investment Bank (AJIB), one of Jordan's leading investment and commercial banks, acquired HSBC Bank- Jordan in January 2014, and started its banking operations in June 2014 with the new acquired branches, using the universal banking software ICS Banks, from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.


    The"...

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    CBJ, PMA sign bank control dealSeptember 14, 2014

    The Central Bank of Jordan (CBJ) on Saturday signed an agreement with the Palestine Monetary Authority ( PMA ) in the field of control of banking institutions in the two countries.

    CBJ Governor Ziad Fareez, who signed the deal with PMA governor, Jihad Al Wazir, said it was designed to forge closer cooperation in banking controls in line with the decisions of the Basel Committee on Banking Supervision to ensure safe and solid banking institutions.


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    Jordan: EBRD supports Amman business hub ambitionSeptember 13, 2014

    The president of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, met with Jordanian Prime Minister Abdullah Ensour to discuss the ties between them and means of increasing the support and cooperation of the bank in the country. EBRD started operations in Jordan in 2012 before finally opening an office there in 2013. The bank has already invested €203 million in development projects since 2012. President Chakrabarti wishes Amman will turn into a “business hub.” Jordan joined EBRD"...

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    PM meets British minister, EBRD chiefSeptember 10, 2014

    Prime Minister Abdullah Ensour on Tuesday met a British minister and said Jordan is interested in forging stronger ties with the United Kingdom in various fields.

    Ensour briefed Secretary of State for International Development Desmond Swayne on political and socio-economic reforms that Jordan had been carrying out, stressing that the Kingdom had, notwithstanding the instability in the region, pressed ahead with the democratisation drive,"...

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    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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