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Emerging Markets Retail Banking Growth Slows

Retail bank growth across 12 emerging markets, referred to as the EM12, will slow according to a new report titled “Playing to Win, Retail...

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 Central Bank slashes rates on re-purchase of Certificate of Deposit

The UAE Central Bank announced today that it has slashed the rate on its re-purchase of Certificate of Deposit (REPO) by 50 basic points...

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...

Emirates NBD opens branch at The Residences

Conveniently located branch serves residents, visitors to Downtown Dubai, Dubai Mall, Burj Khalifa Second Emirates NBD branch to open in 2010 Emirates NBD, the largest banking...

One Million Air Miles awarded to HSBC Gold Air Miles Cardholder

A million possibilities to enjoy endless rewards await one lucky Cardholder of the recently launched exclusive Gold Air Miles Card, for being the first...

EmiratesNBD opens branch in London

UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank. Emirates Bank and the National Bank of Dubai were merged in...

Banks ordered not to publish audited annual accounts

UAE Central Bank ordered all banks not to publish their audited annual accounts or announce any data related to the 2008 results, according an article...

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

Islamic banking makes rapid strides

Islamic banks have become an increasingly important part of the UAE system making rapid strides along the way. Islamic banks have increased their share...

UAE Banks will continue financing the economic sector

Obaid Humaid Al Tayer, State Minister for Financial Affairs, has directed the banks to continue financing basic economic sectors, in order to help sustain...

Emirates NBD ranked largest bank in Middle East by Global Finance

// In a clear sign of its dominant market position, Emirates NBD has been ranked the largest bank in the Middle East by Global...

UAE banks agree on “mini insolvency law” to help struggling SMEs

UAE banks have agreed to halt criminal prosecutions for bounced cheques drawn by small to medium-sized business customers under a “rescue initiative" launched by...

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...

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...

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...

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 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...