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...
United Arab Bank Financial Results for firts nine months of 2011
Operating Profit up by 20% to AED 281 million
Loans and advances up 38% to AED 7.6 billion
Customer deposits up 39% to AED 6.7 billion
Net...
Services of Dubai Municipality, RTA, DED and DCCI now payable via...
Dubai Islamic Bank (DIB) and Dubai eGovernment announced today they have partnered to offer customers an easy online payment experience. Using Al Islami...
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...
The Central Bank plans Dirham-Dollar Swaps to support banks
The United Arab Emirates central bank said on Wednesday it would provide UAE dirham-U.S. dollar swap facilities to banks to further support the banking...
Secrets of Kuwaiti Ultra High Net Worth, Revealed by a Swiss...
Research conducted by Heinrich Weber, Swiss Banker and author of ‘The Ultra High Net Worth Banker's Handbook,’ estimates that there are 150...
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...
First Home-grown Wholesale Islamic Bank to Open in DIFC
Dubai Investments PJSC , the leading diversified investment company listed on the Dubai Financial Market, has announced plans to lead a consortium of investors...
Emirates NBD opens new branch in Muraqqabat
Largest branch in Deira to serve busy business district
Offers Retail, Priority and Business banking services under one roof
Emirates NBD, a leading bank in the...
Central Bank reduces interest rate on liquidity support facilities to 1.5%
H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...
Dubai Economy, CBD To Provide Banking Services for DED Trader Licence...
Enables startups in Dubai to leverage online and social media for business growth
Further promotes and facilitates ease of doing business in Dubai
...
Middle East Credit Reporting Association formed
1. Non-profit voluntary organisation to create awareness and promote credit reporting in region
2. Neutral body to facilitate credit information sharing on companies and individuals...
Region’s Largest Open Banking Platform Launches In UAE
MENA Open Banking pioneers expand with new offices in Abu Dhabi and Dubai
Tarabut Gateway, the MENA region’s first and largest regulated Open Banking...
Emirates NBD opens branch at Emaar Business Park
Emirates NBD, the largest banking group in the Middle East in terms of assets, announced today the opening of a new branch ...
Al Islami Business Online for companies
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...
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...
Abu Dhabi Launches E-Mortgage Services
HE Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM) cum Chairman of the Technology Committee at the Department of Urban...
Bitcoin’s Coming of Age? May’s Historic Halving Taking Place in a...
The Bitcoin price will hit ‘at least $10,000’ even before the four-yearly ‘halving’ event taking place in two weeks, predicts the CEO of one...