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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 ...

Standard Chartered holds Ground Breaking Ceremony for its New Dubai Head...

Following excellent financial results for the year 2010, Standard Chartered has held a groundbreaking ceremony to launch the construction of its new office premises...

Emirates NBD wins Banker Middle East – Products Award for Best...

Winners selected by poll  of 10,500 financial services professionals Emirates NBD builds on 2009 award for Best Retail Bank Emirates...

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...

Emirates NBD offers discounts at 50 top Abu Dhabi restaurants

Middle East’s leading bank extends further privileges to its cardholders In line with its ongoing commitment to provide its customers with a...

Central Bank announces increase in money supply

The Central Bank of UAE announced today that the money supply M0 (currency in circulation + currency at banks) increased by 2.3%, from AED...

UAE Central Bank’s governor calls for reduced interest rates on loans

Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...

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...

GCC Central Bank procedures in final phases

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.

Emirates NBD opens new Priority Banking centre in Tourist Club Area...

In line with its expansion plans in the UAE capital, Emirates NBD, a leading bank in the region, announced today the official inauguration of...

Banks to provide financing to Bloom Gardens project

Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7. The...

Emirates NBD opens first Business Banking Centre in Sharjah

Emirates NBD, a leading bank in the region, announced today that it has extended its services to its Sharjah-based SME (Small & Medium sized...

Dubai First launches complete corporate solutions payment package

Dubai First MasterCard Corporate Card Sets New Service Benchmark Dubai First, the consumer finance company of Dubai Group, a member of Dubai Holding, in association...

Preparing Emiratis for leadership roles in banking

Dubai Islamic Bank (DIB) announced today the launch of its second Qiyadee programme to develop a core group of employees to assume managerial positions...

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...

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...

Liquidity improving within the banking system

Though the days of easy credit are a distant memory, there is evidence that liquidity is improving, as the economy emerge from the shadow...

Emirates NBD opens first Private Banking Centre in Abu Dhabi

Expansion of bank’s Private Banking services in line with increasing client demand In line with increasing demand for its bespoke wealth management solutions,...