Managing liquidity risk is crucial for UAE banks, say global...
1. Global Association of Risk Professionals hosts Dubai forum
2. Forum hosted By GARP and FRSGlobal in partnership with Emcredit
3. Banks’ collective actions in addressing...
US Federal Reserve System Raises Base Interest Rate
The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...
Dubai Economy, CBD To Provide Banking Services for DED Trader Licence...
Enables startups in Dubai to leverage online and social media for business growth
Further promotes and facilitates ease of doing business in Dubai
...
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
Have you heard that secondary mortgages are temporary suspended?
"Dubai Bank today suspended all approvals of mortgages for secondary market purchases. Until further notice they will only lend for off plan developments. Several...
Emirates NBD Marks Financial Wellness Month in April
Renewed commitment to customers’ financial wellness
Bank’s #moneywise platform advocates healthy financial behaviours and habits.
Joining the global effort to bring attention to financial literacy this...
Mahra Ladies Banking designed exclusively for today’s woman
Mahra Ladies Banking provides significant discounts at shops, restaurants, hotels and resorts
Additional benefits include concierge services, free valet parking, unlimited access to Ladies Clubs...
Emirates NBD launches Emirates MENA Fixed Income Fund
High-yield investment opportunity, estimated yield of circa 6 per cent
Option of semi-annual income distribution
40-strong professional ...
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...
The next crisis: Credit Card Debt
Together with the financial crisis, the banking crisis, the mortgage crisis and the employment crisis, we are on the verge of experiencing a credit...
Emirates NBD introduces seed capital initiative for UAE nationals
•   Opportunity for young Emirati entrepreneurs to start up own business
•   In line with strong commitment to supporting UAE nationals
Emirates NBD, the largest banking...
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
Emirates NBD extends opening hours
In a move to provide its customers in Abu Dhabi with increased convenience, Emirates NBD announced today that two further branches have...
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...
Bank of Sharjah mandates a group of banks for a syndicated...
The Bank of Sharjah (BOS) issued today a statement in relation to the news that appeared in some local newspapers dated July 11, 2011,...
UAE Banking Sector Poised for Growth in 2022
The top 10 UAE banks reported a 5 percent year-on-year increase in total assets worth AED 2,989 billion in 2021, and an increase of...
RBS Coutts furthers NRI initiative in the Middle East with key...
RBS Coutts, the international private banking arm of the Royal Bank of Scotland Group, today announced the appointment of Santosh Keni as Head of...
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...