UAE Central Bank kicks off Direct Debit System
Further to the earlier communication in April 2013, the Central Bank of UAE announced that the registration of the Banks & Finance companies into...
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...
UAE Central Bank to introduce the Direct Debit System
The Central Bank of UAE has announced the introduction of the ‘Direct Debit System' in the UAE with effect from 15th June 2013, according...
UAE Central Bank announced mortgage-loans limits
The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...
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...
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...
Banking sector- the most targeted for cybercrime in UAE
Cyber-attacks have mostly targeted the banking sector, including the ATM and Internet banking applications, in the UAE, a report published in the January issue...
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,...
FGB Launches First Gulf Bank Business School
New institution targeted at staff of FGB and subsidiaries to promote Emiratisation in banking sector
Under the patronage of its Chairman HH Sheikh Tahnoon...
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...
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...
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...
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...
UAE Central Bank to launch discount window for banks
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window to enable banks to borrow intra-day...
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...
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...
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...
‘Best Home Finance Company’ at Banker Middle East Industry Awards
Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the “Best Home Finance Company” at the Banker Middle...


















