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Dubai Holding drops Standard & Poor’s as its rating agency

Dubai Holding Commercial Operations Group LLC on Monday dropped Standard & Poor's as its rating company because of a "lack of understanding of the...

Emirates NBD to showcase consumer finance products at Arabian Centre mall

Emirates NBD, the Middle East’s largest bank by asset size, announced today that it will host a week-long campaign showcasing the bank’s...

Tanmyah awarded ISO accreditation for quality management

Dubai Islamic Bank subsidiary receives ISO 9001:2008 accreditation Firm specialises in security, maintenance and labour services Tanmyah, a leading provider...

Emirates NBD unveils first rebranded branch

Emirates NBD, the Middle East’s largest bank by asset size, unveiled today its first fully rebranded branch, reflecting the successful conclusion of...

Emcredit’s ISO 27001 information security certification reaffirmed

Retains certification for second consecutive year Underlines international standards followed for data collection and dissemination process Emcredit the...

Punjab National Bank Granted License to Operate from DIFC

DIFC is Strategic Base for Bank's Middle East and Africa Operations Punjab National Bank (PNB), India's No.1 ranked nationalized bank, has received a license to...

Real estate and construction sector recorded highe value in DFM’s December...

Dubai Financial Market (DFM) overall performance decreased by 7.1% to reach 1803.58 points the end of December 2009 compared to 1940.36 points at the...

Financial Resolutions for The New Year

If you usually break your New Year's resolutions, Kelli Grant, Senior Consumer Reporter for SmartMoney.com, has some tips on keeping your finances in check...

Emirates NBD announces senior appointments

1. Appoints Head of Priority Banking, Vice President for Credit and Collections 2. Industry veterans with nearly 40 years of collective experience to support growth...

Lloyds TSB Middle East announces third Undergraduate Programme for UAE nationals

Lloyds TSB Middle East, part of one of the world’s largest banking groups, today announced the launch of the third annual Undergraduate...

Foreign investors purchase Dhs1.852bn worth of shares on DFM during the...

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (13 - 17 Dec.)...

Foreign investors net DFM sellers by AED 46.91 mln

Non-Arab foreign investors bought shares at a total value of approx. AED 151.45 million on Dubai Financial Market (DFM) today and sold stocks amounting...

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...

None of DEWA’s borrowers are in default

Dubai Electricity '&' Water Authority (DEWA) would like to make the following announcement for the benefit of the public in view of the diverse...

“In Dubai we are not good in publicizing what we are...

Reuters reports that Dubai's finance chief said on Thursday the global market reaction to Dubai's shock debt restructuring was now softening and that the...

DFM voted ‘Best Exchange for Investor Relations’ in the Middle East

Dubai Financial Market (DFM) has been honored with the 'Best Exchange for Investor Relations' in the Middle East award during the inaugural ceremony of...

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...

Investment Dar reaches Majority Agreement on Standstill

Investment Dar announces today that a majority of its banks and investors have now joined the Standstill Agreement previously entered into with the Coordinating...