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Al Islami Business Online for companies

Over 75 services can be accessed online Free set-up until March 31, 2012 As part of its strategy to provide innovative banking services, Dubai Islamic Bank...

UAE Islamic banks account for 30% of global Islamic Banking industry

UAE Islamic financial services sector represented 30% of the global Islamic banking industry in 2011

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.”

AED 55 billion worth of bounced cheques in 2011

UAE central bank reports AED 55 billion worth of bounced cheques in 2011.

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.

S&P reviewing credit ratings of 25 GCC banks

Standard & Poor’s (S&P) is currently reviewing credit ratings on 50 banks in the Middle East and North Africa under a revised set of criteria.

Global Award for Brand Leadership in Banking and Financial Services

Emirates NBD announced today, that it has won the 2011 Global Award for “Brand Leadership in Banking and Financial Services.”

Central Bank of the UAE announces increase in money supply by...

Central Bank of UAE, announced money supply M0 increased by 4.2 per cent from AED 49.9 billion at end of September 2011 to AED 52.0 billion at the end of October of same year.

Emirates NBD unveils largest illuminated National Flag in UAE

Emirates NBD, a leading bank in the region, announced today that it is celebrating the 40th UAE National Day by integrating the “Spirit of the Union” theme across a range of activities

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

Banks Holiday on occasion of 40th National Day and Hijri New...

All banks in UAE will remain closed from Thursday 1st December until Saturday 3rd December on the occasion of 40th National Day and Hijri New Year, according to a Central Bank

Bankruptcy and Financial Restructuring Law to apply to individuals in UAE

Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.

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

First Gulf Bank sponsors Investor Relations Best Practice Awards

First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards

Emirates NBD region’s ‘Outstanding Private Bank’

Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore

Leading Swiss Private Bank opens for customers in DIFC

Swiss Private Bank Vontobel launches Private Banking activities in Dubai

First Gulf Bank Q3 Net Profit rises 8%

Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...

Emirates Development Bank estblished with a Federal Law

Possessing a capital of AED 10 billion, the EDB will aid in promoting economic growth for the UAE HE Al Tayer said HE Obaid Humaid...