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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...

Pride and Frustration in Gulf Banks

Staff in Gulf banks are both proud of, and frustrated by, their work, according to Hay Group. Research conducted in the region by the...

Dubai banking on support towards a stronger recovery

The increased domestic banking sector support to Dubai Inc has brought exposure to the public sector as percent of capital to the highest level...

Middle East banking industry registered 6.9% increase in 2012, says study

According to a new study by The Boston Consulting Group (BCG), the banking industry in the Middle East settled at single digit revenue growth...

Trillion is The New Billion

One Trillion Dollars Visualized from www.mint.com It's official, trillion is the new billion! No longer is government spending around the world talked about in terms of...

Newcomers to UAE can now benefit from consumer finance products

Complete consumer financing solution includes Personal and Vehicle finance, Credit cards, accounts and online banking Focus on customers with less than six month stay in...

Savings account for children unveiled in Dubai

Shaatir Children’s Savings account will help young people reach their financial goals DIB’s first account specifically for children Dubai Islamic Bank (DIB) today unveiled its first...

How Banks Can Improve Their Social Media Presence

Every week there are new studies that try to analyze the tendencies in social media. Recently, one such study found that the banking industry...

Bounced cheques need closer attention

Bounced cheques - dealing with the problem Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of 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...

UAE looks forward to direct debiting

According to sources from within the banking industry, a new federal direct debiting system has been introduced by the UAE Central Bank. Last week,...

Have you heard that secondary mortgages are temporary suspended?

"Dubai Bank today suspended all approvals of mortgages for secondary market purchases. Until further notice they will only lend for off plan developments. Several...

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...

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...

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,...

UAE community’s personal banking and lifestyle habits

Positive feelings towards personal banking over the internet; overwhelming majority keep their personal finances up-to date-and ladies taking the lead in controlling the purse...

Finance ministry begins disbursing 2nd tranche of Government support to banks

UAE Ministry of Finance announced that after its completion of paying the first tranche of the Banking Support facility declared by the Government,...

Emirates NBD extends opening hours

In a move to provide its customers in Abu Dhabi with increased convenience, Emirates NBD announced today that two further branches have...