Citi reports security breach; 360 000 credit cards were affected
US banking giant Citigroup had told its clients that about 360,000 credit cards were affected by an online hacking attack in May.
Citigroup reported that...
The resurgence of the Middle East cards industry
The last twelve months has seen the Middle Eastern retail banks face the twin challenges in their cards business of security threats and exposure...
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...
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...
DED and Commercial Bank of Dubai sign agreement to facilitate electronic...
The Dubai Department of Economic Development (DED) and Commercial Bank of Dubai (CBD) have signed a co-operation agreement to give customers the option...
Emirates NBD region’s ‘Outstanding Private Bank’
Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore
Emirates NBD announces senior appointments
1. Appoints Head of Priority Banking, Vice President for Credit and Collections
2. Industry veterans with nearly 40 years of collective experience to support growth...
US Federal Reserve System Raises Base Interest Rate
The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...
AED 55 billion worth of bounced cheques in 2011
UAE central bank reports AED 55 billion worth of bounced cheques in 2011.
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...
UAE will not be party to GCC monetray union agreement
The UAE has decided not to take part in the proposed monetary union agreement between the states of the Gulf Cooperation Council, an official...
UBS appoints Ali Janoudi to Middle East and North African role
UBS today announces the appointment of Ali Janoudi, who will be responsible for the Saudi Arabia and Near East/Northern Africa Wealth Management business in...
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...
Savings account for children unveiled in Dubai
Shaatir Children’s Savings account will help young people reach their financial goals
DIB’s first account specifically for children
Dubai Islamic Bank (DIB) today unveiled its first...
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...
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
Punjab National Bank Granted License to Operate from DIFC
DIFC is Strategic Base for Bank's Middle East and Africa Operations
Punjab National Bank (PNB), India's No.1 ranked nationalized bank, has received a license to...
UBS appoints Anthony Iliya as CEO MENA
UBS today announced the appointment of Anthony Iliya (56) as CEO for Middle East and North Africa. Iliya, who will...