The resurgence of the Middle East cards industry
The last twelve months has seen the Middle Eastern retail banks face the twin challenges in their cards business of security threats and exposure...
Abu Dhabi Launches E-Mortgage Services
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM) cum Chairman of the Technology Committee at the Department of Urban...
First Gulf Bank sponsors Investor Relations Best Practice Awards
First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards
Central Bank announces increase in money supply
The Central Bank of UAE announced today that the money supply M0 (currency in circulation + currency at banks) increased by 2.3%, from AED...
First Home-grown Wholesale Islamic Bank to Open in DIFC
Dubai Investments PJSC , the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors...
Emirates NBD, MasterCard to launch Titanium Credit Card
Focus on lifestyle benefits, superior rewards and robust security features
New Titanium credit card caters to fast growing emerging affluent segment
Emirates NBD, a leading bank...
UAE Banks will continue financing the economic sector
Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...
UAE banks agree on “mini insolvency law” to help struggling SMEs
UAE banks have agreed to halt criminal prosecutions for bounced cheques drawn by small to medium-sized business customers under a “rescue initiative" launched by...
PayBy App Facilitates Contactless Payment for Government Services
PayBy joins Abu Dhabi Pay, the digital payment platform for Abu Dhabi government services
Partnership simplifies digital payment mechanisms for customers and businesses
The Abu Dhabi...
Emirates NBD launches Emirates MENA Fixed Income Fund
High-yield investment opportunity, estimated yield of circa 6 per cent
Option of semi-annual income distribution
40-strong professional ...
FAB Implements Support Measures In Response To COVID-19
FAB launches additional financial relief initiatives in a series of clear and decisive actions to safeguard the wellbeing of customers and employees during...
Emirates NBD and HDFC Bank launch online remittance facility for...
Enables direct remittance of funds into HDFC Bank accounts
Facilitates overseas remittances by Indian expatriate community
Emirates NBD, a leading bank in the region, announced today,...
Central Bank of UAE launches International Bank Account Number
The Central Bank of the UAE today announced the introduction of the International Bank Account Number (IBAN) as a standard for identifying all bank...
UAE Central Bank’s governor calls for reduced interest rates on loans
Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...
Central Bank of the UAE announces increase in money supply by...
Central Bank of UAE, announced money supply M0 increased by 4.2 per cent from AED 49.9 billion at end of September 2011 to AED 52.0 billion at the end of October of same year.
Mortgages for the self-employed
Securing a home loan in Dubai is rarely a straightforward process, but some situations and circumstances make the process even more challenging.
Among the people...
Central Bank to establish currency printing plant
The Central Bank of the UAE announced today that it has started laying down the bases for constructing a purpose-built building to house...
FGB, NBAD Merger Creates World’s Largest Financial Institution
FGB and NBAD announce the new name of the combined bank
New Bank starts trading on Abu Dhabi Securities Exchange under ticker symbol...