Al Islami Business Online for companies
Over 75 services can be accessed online
Free set-up until March 31, 2012
As part of its strategy to provide innovative banking services, Dubai Islamic Bank...
FAB Shareholders Approve Hefty Cash Dividend
First Abu Dhabi Bank (FAB) concluded its Annual General Meeting (AGM) today at FAB’s headquarters in Abu Dhabi. All items on the agenda were...
Emirates NBD launches Jersey Offshore Deposits
Available across currencies and tenors
Very attractive promotional interest rates available now
Emirates NBD, the largest banking group in the...
The next crisis: Credit Card Debt
Together with the financial crisis, the banking crisis, the mortgage crisis and the employment crisis, we are on the verge of experiencing a credit...
Dubai banking on support towards a stronger recovery
The increased domestic banking sector support to Dubai Inc has brought exposure to the public sector as percent of capital to the highest level...
Central Bank reduces interest rate on liquidity support facilities to 1.5%
H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...
Bank of America Merrill Lynch Strengthens Global Corporate Banking Platform with...
Firm to Significantly Grow Corporate Banking Platform around the World
Bank of America Merrill Lynch today announced a series of new hires to its Corporate...
Emirates NBD offers discounts at 50 top Abu Dhabi restaurants
Middle East’s leading bank extends further privileges to its cardholders
In line with its ongoing commitment to provide its customers with a...
Emirates NBD opens branch at Emaar Business Park
Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...
EmiratesNBD opens branch in London
UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank.
Emirates Bank and the National Bank of Dubai were merged in...
Fed’s Rate Cut Welcomed, But Future Policy Must Stay Aggressive
The Federal Reserve’s decision to slash interest rates by 50 basis points—its first cut in four years—has been welcomed by investors and market participants.
However,...
AED 3 billion capital increase approved at DIB Extraordinary General Meeting
1. Assembly approves conversion of AED 3.75 billion deposit into Tier 2 capital of DIB
2. Assembly approves increase of DIB’s capital by AED 3...
Emirates NBD wins Financial Sector Technology award for best systems integration...
Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today that it has won the 2010 Financial Sector...
Meltdown turns spotlight on Islamic finance
The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...
UAE Central Bank will keep Dollar Peg
The United Arab Emirates will keep its dollar peg despite S&P's downgrade of the U.S. economy, according to a central bank official comments to...
Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank
Bitcoin’s market capitalization has hit record levels in 2020 alongside a surge in the asset’s price. With the market cap, the pioneer cryptocurrency is...
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...
UAE Central Bank kicks off Direct Debit System
Further to the earlier communication in April 2013, the Central Bank of UAE announced that the registration of the Banks & Finance companies into...