Sunday, April 22, 2018

Banking

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...

Savings account for children unveiled in Dubai

Shaatir Children’s Savings account will help young people reach their financial goals DIB’s first account specifically for children Dubai Islamic Bank (DIB) today unveiled its first...

UAE set to issue banking credit law

The UAE is on the process of issuing a new banking credit law, Minister of Economy HE Sultan Al Mansouri revealed today according the...

UAE Banking Sector Outlook

At the start of the year, analysts expected a binary scenario for UAE banks in 2010 on  the back of a slow but steady...

Dubai Islamic Bank wins Best Sukuk Bank and UAE Country Award...

1. Named best Islamic Bank in the UAE; best Sukuk Bank worldwide 2. Accolades recognize pioneering work in Sharia-compliant banking Dubai Islamic Bank (DIB) announced today...

Newcomers to UAE can now benefit from consumer finance products

Complete consumer financing solution includes Personal and Vehicle finance, Credit cards, accounts and online banking Focus on customers with less than six month stay in...

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...

Liquidity stable in UAE banks

Real estate loans at the UAE banks stood at AED173 billion at the end of last year. As liquidity is stable in the UAE banks,...

Layoffs in UAE banking industry on the rise

According to recent Reuters and Bloomberg reports, layoffs within UAE's banking industry are on the rise despite that the majority of banks reported strong...

Ahmed Fathy Al-Gebali appointed Chief Financial Officer at Dubai Islamic Bank

Dubai Islamic Bank (DIB) announced today the appointment of Ahmed Fathy Al-Gebali, a senior financial services professional with over 23 years of experience, as...

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 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...

Dubai First launches complete corporate solutions payment package

Dubai First MasterCard Corporate Card Sets New Service Benchmark Dubai First, the consumer finance company of Dubai Group, a member of Dubai Holding, in association...

DIB launches three-year Islamic Certificate with 90% capital return after five...

Product offers investors exposure to commodity markets while benefiting from diversification across investment strategies Certificate distributed by DIB and issued by Al Mi’yar Capital S.A $25,000...

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...

Dubai Islamic Bank raises its shareholding in Tamweel to 57.33%

With the full support of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,...

Money laundering in focus

The first meeting of the Board of Directors of the UAE Central Bank in the current year discussed its strategy and mechanism to combat...

Liquidity improving within the banking system

Though the days of easy credit are a distant memory, there is evidence that liquidity is improving, as the economy emerge from the shadow...

UAE amends terms for key lending facility

The United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the...

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...

The General Assembly of Bank of Sharjah approves the distribution of...

The Ordinary General Assembly of the Shareholders of Bank of Sharjah approves during its 36th annual meeting, the proposal of the Board...

Retail loans expected to lift earnings for UAE banks

Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...

ADCB announces Q3 profits

Abu Dhabi Commercial Bank (ADCB) reported a net profit of AED1, 620million for the nine month period ending September 30th, 2008, reflecting an increase...

FGB, NBAD Merger Creates World’s Largest Financial Institution

FGB and NBAD announce the new name of the combined bank New Bank starts trading on Abu Dhabi Securities Exchange under ticker symbol...