UAE had refrained from matching a Federal Reserve interest rate cut
UAE interbank rates have barely reacted to a slew of government and central bank measures to enhance liquidity and improve confidence in the banking...
Central Bank approves regulation for classification of loans
The Board of Directors of Central Bank of the UAE held its 6th meeting for the year under the chairmanship of Khalil Mohammed...
Bank of Egypt waives charges on remittances in Egyptian Pound from...
All charges against money transfers from UAE to Egypt in Egyptian Pound through the branches of Bank of Egypt in the UAE have been...
Emirates NBD to propose capital increase through government tranche
Emirates NBD has announced in a notice to its shareholders regarding its Second Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) which will...
Shop with Emirates NBD card to win back spend
Emirates NBD, a leading bank in the Middle East, announced today that it has tied up with the Al Towar-based Emirates Co-operative, to give...
KAMCO wins “Best Debt Bank in the Middle East – 2019”
KAMCO Investment Company, a leading investment firm with one of the largest AUMs in the region, won the “Best Debt Bank in the Middle...
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...
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...
RAKBANK Achieves 13% Growth in First Quarter Profits
RAKBANK has reported a net profit of AED 160.37 million for the first quarter of 2009, a 12.7% increase over the same period last...
Loan losses of Gulf banks to drop, according Fitch
Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...
Emirates NBD showcases consumer finance products at Arabian Centre mall
Bank to offer guidance on personal finance solutions at third outreach event at local shopping centre
In line with its commitment to reach...
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...
Bank of Sharjah mandates a group of banks for a syndicated...
The Bank of Sharjah (BOS) issued today a statement in relation to the news that appeared in some local newspapers dated July 11, 2011,...
United Arab Bank hosts Trade Finance Workshop for its Customers
United Arab Bank (UAB) hosted once again a Trade Finance Workshop for its corporate customers. Following the tremendous success of UAB’s previous workshop in...
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 Introduces Contactless Identity Verification to Open New Accounts on...
Bank's new TruID digital identity verification solution leverages the power of Near-Field Communication (NFC) technology
Customer identification information read electronically from Emirates ID and biometric...
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,...
United Arab Bank Launches Islamic Credit Card
United Arab Bank (UAB) announces the launch of its first global Islamic Credit Card with a distinctive vertical design that makes it unique to...