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First Gulf Bank sponsors Investor Relations Best Practice Awards

First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards

Emirates NBD holds community event at The Residences branch

In line with bank’s commitment to reach out to customers in their local community Emirates NBD, the Middle East’s largest bank by ...

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

Financial Stability Unit established by the Central Bank

According Zawya Dow Jones and Emirates Business 24/7, UAE's Central Bank has set up a new task force to help the country’s financial industry...

Value-packed mortgages for resident expats

Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to 85 per cent financing Includes free life,...

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...

UAE Central Bank sets up crisis committee with banks

Representatives of the Central Bank of the UAE and major national banks met yesterday to discuss the challenges faced by the UAE banking system...

Emirates NBD launches Jersey Offshore Deposits

Available across currencies and tenors Very attractive promotional interest rates available now Emirates NBD, the largest banking group in the...

Lloyds TSB Middle East announces third Undergraduate Programme for UAE nationals

Lloyds TSB Middle East, part of one of the world’s largest banking groups, today announced the launch of the third annual Undergraduate...

Community Development Authority signs MoU with Emirates NBD

To jointly launch a programme on finance management The Community Development Authority (CDA) signed a Memorandum of Understanding (MoU) with Emirates NBD to strengthen mutual...

UAE federal Government to move to 3-year budgets

UAE plans a big makeover with regard to its federal budget, like releasing budgets every three years instead of yearly one at present and...

Fitch affirms ratings of 11 UAE Banks

“The affirmation of the banks' Long-Term IDRs, Support Ratings and Support Rating Floors, except for Emirates Islamic Bank PJSC (EI) and Commercial Bank International...

Bank frauds on rise

Dubai banks customers have been asked to be on alert following recent cases of rise in illegal money transfers. A series of credit card...

Emirates NBD to propose capital increase through government tranche

Emirates NBD has announced in a notice to its shareholders regarding its Second Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) which will...

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...

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...

Central Bank approves regulation for classification of loans

The Board of Directors of Central Bank of the UAE held its 6th meeting for the year under the chairmanship of Khalil Mohammed...

UAE Central Bank will keep Dollar Peg

The United Arab Emirates will keep its dollar peg despite  S&P's downgrade of the U.S. economy, according to a central bank official comments to...