MasterCard, Visa warn of credit card data breach
"Massive" breach may affect more than 10 million credit card holders
Credit cards compromised between January 21, 2012 and February 25, 2012
MasterCard and Visa said...
Merrill Lynch Wealth Management strengthens Middle East team
Merrill Lynch Wealth Management today announces three hires to the Middle East team. Leila Alameddine joins as Market Manager for Levant, Shereen Ghobrial joins...
Rosy perspectives for mortgage providers in Dubai
Mortgage providers in Dubai introduce higher quality products
Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...
UAE based Indians have critical gaps in their financial, retirement planning
75% expect their children to look after them during retirement
Only 10% invest in any retirement plans
NRIs focus on relatively illiquid investments like gold and...
First Global Sovereign Asset Management Study
An in-depth report which offers insight into the complex investment behaviour of sovereign investors across the globe
Services of Dubai Municipality, RTA, DED and DCCI now payable via...
Dubai Islamic Bank (DIB) and Dubai eGovernment announced today they have partnered to offer customers an easy online payment experience. Using Al Islami...
DED, Noor Islamic Bank sign agreement to facilitate electronic payment of...
The Dubai Department of Economic Development (DED) and Noor Islamic Bank (NIB) have signed a co-operation agreement to facilitate electronic payment of trade license...
Next-generation mobile payment solution launched in UAE
Emirates NBD, Etisalat and Visa launch next-generation mobile payments solution - MoneyMobile
Development of contactless payments using Visa payWave via mobile device
NFC mobile payments solution...
Biden Victory Heralds Boom Time for ESG Investing – Here’s Why
Joe Biden’s administration will usher in an unprecedented boom for Environmental, Social and Governance (ESG) investments, affirms the CEO of one of the world’s...
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,...
UAE most competitive banking market in GCC
Abu Dhabi Islamic Bank (ADIB) reports today that the UAE remains the most competitive banking market in the GCC, a key finding from its proprietary “GCC Banking Competitiveness Report.”
Summer Fun for Precious Metals Investors
The long term needn't look quite so far off for bullion buyers right now...
PUT ASIDE the rise in US interest rates, GDP and Fed...
Leading Swiss Private Bank opens for customers in DIFC
Swiss Private Bank Vontobel launches Private Banking activities in Dubai
UAE bank deposits top a trillion
The UAE's Central Bank announced that total bank deposits in the country increased by 1.5 percent during the month of December 2011 to close...
Emirates Money opens first branch in Abu Dhabi
Consumer finance company offers comprehensive loan solutions
Enables customers to meet personal and business requirements
Emirates Money, a consumer finance company and wholly owned subsidiary...
Fund Managers Cut Exposure to Emerging Markets Equities
There is a growing sense of bullishness among fund managers across the world. Investors are most enamored by Europe, the continent that has best...
Risk return would aid gold prices spike
Asian and European markets are on the decline on Monday in response to a negative news flow from across the continents.
The US House of...
Gulf banks face ‘Skills Shortage’ amid growing demand for financial services
Findings Indicate Gulf Banks Will Focus on Small- and Medium-Sized Businesses, Youth and Women