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Ethica Institute Makes History at Mashreq Bank

For the First Time Ever, Bank-Wide Islamic Finance E-Learning is Now a Reality, Bringing the Still-Booming Islamic Finance Industry One Step Closer to the...

Financial systems across the world are stalling

World Economic Forum Financial Development Report 2012 shows that financial systems across the world are stalling Hong Kong tops the Financial Development Index; top six...

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...

Abu Dhabi Finance established

Abu Dhabi's five largest companies: Mubadala Development, Abu Dhabi Commercial Bank, Aldar Properties, Sorouh Real Estate and the Tourism Development and Investment Company, will...

Bank of America Merrill Lynch Strengthens Global Corporate Banking Platform with...

Firm to Significantly Grow Corporate Banking Platform around the World Bank of America Merrill Lynch today announced a series of new hires to its Corporate...

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...

Retail loans expected to lift earnings for UAE banks

Commenting on the Retail loans expected to lift earnings for UAE banks, Clint Dempsey who is is a Principal Associate in the Banking and...

UAE Credit Cards immune to Low Interest Rates

Interest rates are the lowest they have been in decades. But there is a little indication the customers of U.A.E. banks are benefiting. This...

Dubai Bank signs strategic alliance with SALAMA for Takaful products

1. Wide range of Takaful plans available to Dubai Bank customers 2. Supports customers in addressing education, retirement planning and other short and long-term goals Expanding...

The Central Bank plans Dirham-Dollar Swaps to support banks

The United Arab Emirates central bank said on Wednesday it would provide UAE dirham-U.S. dollar swap facilities to banks to further support the banking...

Banks to provide financing to Bloom Gardens project

Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7. The...

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...

Emirates NBD wins Financial Sector Technology award for best systems integration...

Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today that it has won the 2010 Financial Sector...

UAE will not be party to GCC monetray union agreement

The UAE has decided not to take part in the proposed monetary union agreement between the states of the Gulf Cooperation Council, an official...

Six banks control 60 pc of assets in UAE

Emirates NBD alone holds 20pc Six large banks in the UAE control close to 60 per cent of the total assets held by the country's...

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...

FGB Launches First Gulf Bank Business School

New institution targeted at staff of FGB and subsidiaries to promote Emiratisation in banking sector Under the patronage of its Chairman HH Sheikh Tahnoon...

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.