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Emirates NBD announces senior appointments

1. Appoints Head of Priority Banking, Vice President for Credit and Collections 2. Industry veterans with nearly 40 years of collective experience to support growth...

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...
PayBy app is now on Abu Dhabi Pay

PayBy App Facilitates Contactless Payment for Government Services

PayBy joins Abu Dhabi Pay, the digital payment platform for Abu Dhabi government services Partnership simplifies digital payment mechanisms for customers and businesses The Abu Dhabi...

Emirates NBD region’s ‘Outstanding Private Bank’

Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore

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...

DED and Commercial Bank of Dubai sign agreement to facilitate electronic...

The Dubai Department of Economic Development (DED) and Commercial Bank of Dubai (CBD) have signed a co-operation agreement to give customers the option...

Leading Swiss Private Bank opens for customers in DIFC

Swiss Private Bank Vontobel launches Private Banking activities in Dubai

Managing liquidity risk is crucial for UAE banks, say global...

1. Global Association of Risk Professionals hosts Dubai forum 2. Forum hosted By GARP and FRSGlobal in partnership with Emcredit 3. Banks’ collective actions in addressing...

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...

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...

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...

Emaar extends the time for mortgage repayments

Customers of Emaar Properties have been given a breather in terms of extending the time for repayment of mortgages, a senior official of the...

UAE banks have no exposure to Lehman’s fall-out

The UAE banks have virtually no exposure to Lehman Brothers and that there was no systemic risk in the UAE as a result of...

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...

DIB named top performer in UAE banking sector in latest YouGov...

Bank recognised as leader in quality, value for money and corporate reputation in BrandIndex poll Reflecting its unique heritage and focus on customer...

Dubai lslamic Bank launches new Al Islami Online Banking

1.New system offers array of faster and easier transactions 2.Allows access to over 50 different services 3.New system protected by state-of-art security enhancements In line with its...

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...

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...