Liv. Launches UAE’s Most Flexible Credit Card
Liv., the digital only lifestyle bank by Emirates NBD, is expanding its millennial-friendly proposition with the launch of a unique credit card programme. The...
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,...
Meltdown turns spotlight on Islamic finance
The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...
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...
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
Emaar extends the time for mortgage repayments
Customers of Emaar Properties have been given a breather in terms of extending the time for repayment of mortgages, a senior official of the...
UAE Central Bank Statement on U.S. Public Debt
"Due to the controversy at the legislative authorities in the US, around the public debt of the US Government, we have received some questions...
Bitcoin’s Coming of Age? May’s Historic Halving Taking Place in a...
The Bitcoin price will hit ‘at least $10,000’ even before the four-yearly ‘halving’ event taking place in two weeks, predicts the CEO of one...
GCC GDP on Growth Path despite Oil Price Decline
Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...
Commercial Bank of Dubai to provide Factoring Services to corporate and...
Commercial Bank of Dubai (CBD) announced today that it had signed a partnership agreement with Coface Emirates Services Limited to provide Factoring Services to...
Dubai lslamic Bank launches new Al Islami Online Banking
1.New system offers array of faster and easier transactions
2.Allows access to over 50 different services
3.New system protected by state-of-art security enhancements
In line with its...
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...
UAE banks have no exposure to Lehman’s fall-out
The UAE banks have virtually no exposure to Lehman Brothers and that there was no systemic risk in the UAE as a result of...
Bank Saudi Fransi builds proactive protection against malicious threats
New IPS strengthens security of BSF’s network and infrastructure running several international and customised banking applications
Banque Saudi Fransi (BSF), a Saudi Arabian full service...
Global Islamic banking assets to reach $1.1 Tn in 2012
Global Islamic banking assets with commercial banks to reach $1.1 Tn in 2012, up 33% from US$826 Bn in 2010: Ernst & Young
UBS appoints Ali Janoudi to Middle East and North African role
UBS today announces the appointment of Ali Janoudi, who will be responsible for the Saudi Arabia and Near East/Northern Africa Wealth Management business in...
UAE Central Bank sets up crisis committee with banks
Representatives of the Central Bank of the UAE and major national banks met yesterday to discuss the challenges faced by the UAE banking system...
Banking sector- the most targeted for cybercrime in UAE
Cyber-attacks have mostly targeted the banking sector, including the ATM and Internet banking applications, in the UAE, a report published in the January issue...