UAE Central Bank slashes rates on re-purchase of Certificate of Deposit
The UAE Central Bank announced today that it has slashed the rate on its re-purchase of Certificate of Deposit (REPO) by 50 basic points...
Emirates NBD opens new Priority Banking centre in Tourist Club Area...
In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...
Gulf banks face ‘Skills Shortage’ amid growing demand for financial services
Findings Indicate Gulf Banks Will Focus on Small- and Medium-Sized Businesses, Youth and Women
Emirates NBD opens branch at The Residences
Conveniently located branch serves residents, visitors to Downtown Dubai, Dubai Mall, Burj Khalifa
Second Emirates NBD branch to open in 2010
Emirates NBD, the largest banking...
Money supply in UAE decreased
The UAE's Central Bank announced that money supply M0 (currency in circulation + currency at banks) decreased by 2.1 percent. from AED 53.2 billion...
EmiratesNBD opens branch in London
UAE Ambassador to the United Kingdom Abdul Rehman Al-Mutawwa opened the new EmiratesNBD Bank.
Emirates Bank and the National Bank of Dubai were merged in...
Central Bank postpones cheque rule implementation
Following publication of news items in some section of the press that all banks and other establishments have started accepting only machine readable cheques...
Central Bank backs banks operating in UAE
Central Bank of the UAE announced today that it stands behind UAE banks and branches of foreign banks operating in the country.
Central Bank...
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...
Emirates NBD ranked No. 1 banking brand in Middle East
Underlines strength of new unified brand
Findings based on brand value and brand performance
In its first year of participation under its...
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...
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 branch at Emaar Business Park
Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...
Loan losses of Gulf banks to drop, according Fitch
Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...
Central Bank of UAE launches International Bank Account Number
The Central Bank of the UAE today announced the introduction of the International Bank Account Number (IBAN) as a standard for identifying all bank...
What Changed in Swiss Gold Banking?
What the Swiss banks' move away from unallocated accounts says about gold, and about banking...
IMAGINE you could sell someone something, but keep ownership of...
Emirates NBD opens first Business Banking Centre in Sharjah
Emirates NBD, a leading bank in the region, announced today that it has extended its services to its Sharjah-based SME (Small & Medium sized...
UAE Central Bank’s governor calls for reduced interest rates on loans
Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...