Banking

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...

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...

Over 75 services can be accessed online Free set-up until March 31, 2012 As part of its strategy to provide innovative banking services, Dubai Islamic Bank...

UAE Islamic financial services sector represented 30% of the global Islamic banking industry in 2011

Abu Dhabi Islamic Bank (ADIB) reports today that the UAE remains the most competitive banking market in the GCC, a key finding from its proprietary “GCC Banking Competitiveness Report.”

UAE central bank reports AED 55 billion worth of bounced cheques in 2011.

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.

Standard & Poor’s (S&P) is currently reviewing credit ratings on 50 banks in the Middle East and North Africa under a revised set of criteria.

Emirates NBD announced today, that it has won the 2011 Global Award for “Brand Leadership in Banking and Financial Services.”

Central Bank of UAE, announced money supply M0 increased by 4.2 per cent from AED 49.9 billion at end of September 2011 to AED 52.0 billion at the end of October of same year.

Emirates NBD, a leading bank in the region, announced today that it is celebrating the 40th UAE National Day by integrating the “Spirit of the Union” theme across a range of activities

Findings Indicate Gulf Banks Will Focus on Small- and Medium-Sized Businesses, Youth and Women

All banks in UAE will remain closed from Thursday 1st December until Saturday 3rd December on the occasion of 40th National Day and Hijri New Year, according to a Central Bank

Bankruptcy and financial restructuring law’s jurisdiction will extend to include individual, civil debt cases, and debt instances concerning certain professionals such as doctors, lawyers and others.

Global Islamic banking assets with commercial banks to reach $1.1 Tn in 2012, up 33% from US$826 Bn in 2010: Ernst & Young

First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards

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

Swiss Private Bank Vontobel launches Private Banking activities in Dubai