Bankruptcy and Financial Restructuring Law to apply to individuals in UAE
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 to reach $1.1 Tn in 2012
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 sponsors Investor Relations Best Practice Awards
First Gulf Bank to be a silver sponsor of the Middle East – Investor Relations Society Annual Conference and Investor Relations Best Practice Awards
Emirates NBD region’s ‘Outstanding Private Bank’
Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore
Leading Swiss Private Bank opens for customers in DIFC
Swiss Private Bank Vontobel launches Private Banking activities in Dubai
First Gulf Bank Q3 Net Profit rises 8%
Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...
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...
Central Bank of UAE launches International Bank Account Number
The Central Bank of the UAE today announced the introduction of the International Bank Account Number (IBAN) as a standard for identifying all bank...
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...
Commercial Bank of Dubai to provide Factoring Services to corporate and...
Commercial Bank of Dubai (CBD) announced today that it had signed a partnership agreement with Coface Emirates Services Limited to provide Factoring Services to...
Barclays opens Islamic window in Dubai International Financial Centre
Barclays Bank plc announced today that it has received approval to operate an Islamic Window in the Dubai International Financial Centre (DIFC), enabling it...
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...
Emirates NBD wins Marketing Department of the Year at 2011 International...
Also recognised as Distinguished Honoree for “Truth and Reality” Campaign
Highlights achievement of Emirates NBD’s international brand building strategy
Recipients of International Stevie Award trophies were...
Emirates NBD named Asia’s Best Brand at 2011 CMO Asia Awards
Award recognises mind, market and commitment share of Emirates NBD brand among consumers
Highlights achievement of Emirates NBD’s international expansion strategy
Emirates NBD, a leading bank...
UAE Central Bank will keep Dollar Peg
The United Arab Emirates will keep its dollar peg despite S&P's downgrade of the U.S. economy, according to a central bank official comments to...
Financial Health Check program launched during Ramadan in UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
UAE Central Bank Statement on U.S. Public Debt
"Due to the controversy at the legislative authorities in the US, around the public debt of the US Government, we have received some questions...