Banking

UAE banks must refrain from offering loans over the phone

In recent news and regulations issued from the central bank of the UAE, another restriction has been implemented on the banking sector. All banks must...

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...

UBS appoints Anthony Iliya as CEO MENA

UBS today announced the appointment of Anthony Iliya (56) as CEO for Middle East and North Africa. Iliya, who will...

Emirates NBD launches online customer care platform

Provides dedicated webpage on bank website to channel customer feedback and enquiries New service to expedite review...

Hydra Properties signs historic mortgage agreement with NOOR Islamic Bank

The real estate pioneer gives customers options of Sharia compliant financing Hydra Properties, the leading UAE-based international property developer, today announced signing a historic...

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

Bank of America Merrill Lynch announces Global Corporate Banking Leadership

Bank of America Merrill Lynch today announced that Global Corporate and Investment Banking executive Paul M. Donofrio will lead the company’s Global Corporate...

DED and Mashreq sign agreement to facilitate electronic payment of trade...

The Dubai Department of Economic Development (DED) and Mashreq have signed a co-operation agreement to facilitate the electronic payment of trade licenses fees. The...

Emirates NBD opens first Private Banking Centre in Abu Dhabi

Expansion of bank’s Private Banking services in line with increasing client demand In line with increasing demand for its bespoke wealth management solutions,...

UAE Real Estate Bank established

New entity to provide strong growth platform for real estate financing Combined entity will be Sharia-compliant UAE Ministry of Finance has announced that it started...

United Arab Bank Financial Results for firts nine months of 2011

Operating Profit up by 20% to AED 281 million Loans and advances up 38% to AED 7.6 billion Customer deposits up 39% to AED 6.7 billion Net...

State Bank of India launches Corporate Banking Services from DIFC

Global Fortune 500-listed State Bank of India (SBI), has started providing a complete range of banking services from its base in the Dubai International...
hit
counter