King Abdullah Economic City (KAEC) and the College of Business Administration (CBA) signed an agreement in Jeddah recently, to confirm the implementation of the second phase of the Job Market Foundation program, a social responsibility initiative adopted by KAEC and CBA.

The Dubai Chamber of Commerce and Industry’s Centre for Responsible Business has published the first issue of CSR Al Youm newsletter for 2012 which reviews a number of important topics including the use of sustainability as a platform for risk management, the habits of high efficient companies in the area of energy efficiency and a special report on materiality in corporate social responsibility.

The newsletter points out that a number of companies are increasingly feeling…

Burgan Bank reiterated its commitment to the community by rendering its support to the Kuwait Association for Care of Children in Hospitals (KACCH). This is an ongoing commitment which is now in its 11th year.

The association between Burgan Bank and KACCH was avowed at a special visit to…

National Bank of Oman (NBO) was recently honoured by Outward Bound Oman (OBO), for sponsoring their efforts to develop a group of Omani youths on a journey of self-development.

OBO hosted a ‘recognition event’ to thank all sponsors for supporting their efforts, at the Ministry of Education in Wattayah.

Hassan Abdul Amir Shaban, NBO’s Head Government…

National Bank of Oman (NBO) recently held its 38th Annual General Meeting (AGM) at the Muscat InterContinental Hotel, where the shareholders approved the report of the Board of Directors and the financial statements of the bank for the year ended December 31, 2011. The shareholders also approved the Board of Directors’ recommendation for a cash dividend payout of 17.5 per cent and a…

The National Bank of Abu Dhabi has reduced water consumption by 43% in 2011 in all its branches and buildings in the UAE, and has achieved one of its fundamental 2011 sustainability commitments.

The conservation was achieved by installing water saving devices on taps, fitting devices in…

National Bank of Kuwait (NBK) held its annual General Assembly meeting at the bank's headquarters today (11 March 2012).

Nasser Al-Sayer, NBK Deputy Chairman, stated that NBK Group delivered success at every level despite a difficult year. "NBK Group achieved a strong performance thanks to the bank's resilience, clear strategy, conservative culture, and high…

In keeping with its commitment to Corporate Social Responsibility National Bank of Oman (NBO) has, in association with AIESEC Oman, under AIESEC’s ‘NBO Ambassador Programme’, sponsored four young Omani Interns, on a six-week internship placement in Lebanon.

The internships are with Arabnet, a Lebanon based organisation, offering internships in Marketing, Communications, IT and Social Media.

AIESEC is a global non-profit youth organisation that develops…

Continuing its tradition of giving and helping the community during Ramadan, HSBC has organised five initiatives, from iftar[1] to food packing, fundraising and charity collections, to help the poor and less fortunate celebrate Ramadan in the United Arab Emirates this year. HSBC staff will be volunteering about 1,000 hours this Ramadan to make these activities a success.

Abdulfattah Sharaf, Chief…