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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 ...

GCC Central Bank procedures in final phases

Kuwaiti Finance Minister Mustafa Al-Shemali reiterated on Sunday that the establishment of the GCC Central bank is in its final phases, pointing out that the concerned states which joined the GCC union are implementing this agreement.

UAE Central Bank to launch discount window for banks

The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window to enable banks to borrow intra-day...

How Banks Can Improve Their Social Media Presence

Every week there are new studies that try to analyze the tendencies in social media. Recently, one such study found that the banking industry...

UAE Central Bank to Cut Interest Rates by 75 Basis Points

The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to...

Six banks control 60 pc of assets in UAE

Emirates NBD alone holds 20pc Six large banks in the UAE control close to 60 per cent of the total assets held by the country's...

UAE Consumers on Spending Sprees

Deposits decreased, loans increased The UAE Central Bank today announced that money supply M0 (currency in circulation + currency at banks) increased by 0.4%, from...

Middle East Credit Reporting Association formed

1. Non-profit voluntary organisation to create awareness and promote credit reporting in region 2. Neutral body to facilitate credit information sharing on companies and individuals...

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...

Emirates NBD wins Marketing Department of the Year at 2011 International...

Also recognised as Distinguished Honoree for “Truth and Reality” Campaign Highlights achievement of Emirates NBD’s international brand building strategy Recipients of International Stevie Award trophies were...

Emirates NBD ranked No. 1 banking brand in Middle East

Underlines strength of new unified brand Findings based on brand value and brand performance In its first year of participation under its...

Talal Mohammed Al-Mazrooei appointed Head of Sales at Emirates NBD

Strengthens bank’s outreach strategy in Dubai and Northern Emirates Appointment of young UAE national in line with bank’s...

Region’s Largest Open Banking Platform Launches In UAE

MENA Open Banking pioneers expand with new offices in Abu Dhabi and Dubai Tarabut Gateway, the MENA region’s first and largest regulated Open Banking...

Emirates NBD Private Banking named “Best Local Bank” in UAE

Significant recognition for Emirates NBD in annual survey of private bankers worldwide Fourth such accolade for Emirates NBD Private Banking, following string of...

Leading Swiss Private Bank opens for customers in DIFC

Swiss Private Bank Vontobel launches Private Banking activities in Dubai

Central Bank backs banks operating in UAE

Central Bank of the UAE announced today that it stands behind UAE banks and branches of foreign banks operating in the country. Central Bank...

Moody’s new UAE Banking System Outlook negative

The fundamental credit outlook for the banking sector of the United Arab Emirates (UAE) is negative, reflecting growing pressures in the operating environment, which...

Trillion is The New Billion

One Trillion Dollars Visualized from www.mint.com It's official, trillion is the new billion! No longer is government spending around the world talked about in terms of...