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...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
Emirates Islamic Bank integrates Emcredit services to efficiently manage risk
1. Bank to use Credit Scope to mitigate risk; calls for greater information sharing and increased transparency
2. Joins Emcredit’s growing member base
In a...
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
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...
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...
Emirates NBD ranked largest bank in Middle East by Global Finance
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In a clear sign of its dominant market position, Emirates NBD has been ranked the largest bank in the Middle East by Global...
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...
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...
GCC Central Bank procedures in final phases
Kuwaiti Finance Minister Mustafa Al-Shemali reiterated on Sunday that the establishment of the GCC Central bank is in its final phases, pointing out that the concerned states which joined the GCC union are implementing this agreement.
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,...
United Arab Bank hosts Trade Finance Workshop for its Customers
United Arab Bank (UAB) hosted once again a Trade Finance Workshop for its corporate customers. Following the tremendous success of UAB’s previous workshop in...
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...
GCC GDP on Growth Path despite Oil Price Decline
Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...
Emirates Islamic Bank launches Ramadan Promotion
Emirates Islamic Bank get into the spirit of Ramadan by launching INTALEQ (Vehicle Finance) Promotion. This new Sharia-compliant vehicle finance promotion will run until...
UAE takes preventive measures to face global financial crisis
President H.H. Sheikh Khalifa bin Zayed Al Nahyan confirmed that the UAE economy is strong and sound and that its banking system is solid...
Emirates NBD offers discounts at 50 top Abu Dhabi restaurants
Middle East’s leading bank extends further privileges to its cardholders
In line with its ongoing commitment to provide its customers with a...
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...