Citi reports security breach; 360 000 credit cards were affected
US banking giant Citigroup had told its clients that about 360,000 credit cards were affected by an online hacking attack in May.
Citigroup reported that...
Dubai First launches complete corporate solutions payment package
Dubai First MasterCard Corporate Card Sets New Service Benchmark
Dubai First, the consumer finance company of Dubai Group, a member of Dubai Holding, in association...
Dubai Holding to Launch Region’s First Digital Bank
Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch...
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...
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...
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.
Emirates NBD opens new branch in Muraqqabat
Largest branch in Deira to serve busy business district
Offers Retail, Priority and Business banking services under one roof
Emirates NBD, a leading bank in the...
Shop with Emirates NBD card to win back spend
Emirates NBD, a leading bank in the Middle East, announced today that it has tied up with the Al Towar-based Emirates Co-operative, to give...
Moody’s new UAE Banking System Outlook negative
The fundamental credit outlook for the banking sector of the United Arab Emirates (UAE) is negative, reflecting growing pressures in the operating environment, which...
UAE bank deposits top a trillion
The UAE's Central Bank announced that total bank deposits in the country increased by 1.5 percent during the month of December 2011 to close...
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...
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...
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...
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,...
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
Bank offers up to $5 million in mortgages for properties in...
Underscoring an emerging positive sentiment in the property market, Standard Chartered is offering up to Dh18.4 million ($5 million) in mortgage to attract high...
Preparing Emiratis for leadership roles in banking
Dubai Islamic Bank (DIB) announced today the launch of its second Qiyadee programme to develop a core group of employees to assume managerial positions...
Region’s Largest Open Banking Platform Launches In UAE
MENA Open Banking pioneers expand with new offices in Abu Dhabi and Dubai
Tarabut Gateway, the MENA region’s first and largest regulated Open Banking...