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...
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...
Barclays Capital named ‘Best Investment Bank in MENA region’
In recognition of its continued leadership in the investment banking industry, Barclays Capital announced today that it has been named the “Best Investment Bank...
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...
Finance ministry begins disbursing 2nd tranche of Government support to banks
UAE Ministry of Finance announced that after its completion of paying the first tranche of the Banking Support facility declared by the Government,...
Trillion is The New Billion
One Trillion Dollars Visualized from www.mint.com
It's official, trillion is the new billion!
No longer is government spending around the world talked about in terms of...
Emirates NBD to create up to 300 additional jobs in 2011
Emirates NBD, the UAE’s largest banking institution, is expecting to experience a hiring spree creating between 200 and 300 new jobs for the consumer...
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,...
Dubai lslamic Bank launches new Al Islami Online Banking
1.New system offers array of faster and easier transactions
2.Allows access to over 50 different services
3.New system protected by state-of-art security enhancements
In line with its...
American Express® Middle East launches ‘Choose your Prize’ campaign
Campaign to make using American Express Cards even more rewarding
Monthly raffle draw gives Cardmembers flexibility to select prizes that match their lifestyles
In line with...
Gulf banks face ‘Skills Shortage’ amid growing demand for financial services
Findings Indicate Gulf Banks Will Focus on Small- and Medium-Sized Businesses, Youth and Women
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...
Emirates NBD, MasterCard to launch Titanium Credit Card
Focus on lifestyle benefits, superior rewards and robust security features
New Titanium credit card caters to fast growing emerging affluent segment
Emirates NBD, a leading bank...
Banks ordered not to publish audited annual accounts
UAE Central Bank ordered all banks not to publish their audited annual accounts or announce any data related to the 2008Â results, according an article...
Emirates NBD and HDFC Bank launch online remittance facility for...
Enables direct remittance of funds into HDFC Bank accounts
Facilitates overseas remittances by Indian expatriate community
Emirates NBD, a leading bank in the region, announced today,...
GCC banks report single digit profit growth
Net earnings of GCC banks under Global Investment House's coverage increased 4.7%YoY to USD5.3bn in 4Q15. Net profit of banks in the UAE increased the...
Islamic banking makes rapid strides
Islamic banks have become an increasingly important part of the UAE system making rapid strides along the way. Islamic banks have increased their share...
Bank of Sharjah signs club term loan facility
Bank of Sharjah announced today that it has signed a USD 135 million (AED 500 million equivalent) club term loan facility with four Mandated...