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...
Bank of Egypt waives charges on remittances in Egyptian Pound from...
All charges against money transfers from UAE to Egypt in Egyptian Pound through the branches of Bank of Egypt in the UAE have been...
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...
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...
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
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...
UAE most competitive banking market in GCC
Abu Dhabi Islamic Bank (ADIB) reports today that the UAE remains the most competitive banking market in the GCC, a key finding from its proprietary “GCC Banking Competitiveness Report.”
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...
UAE Credit Cards immune to Low Interest Rates
Interest rates are the lowest they have been in decades. But there is a little indication the customers of U.A.E. banks are benefiting. This...
Emirates Islamic Bank integrates Emcredit services to efficiently manage risk
1. Bank to use Credit Scope to mitigate risk; calls for greater information sharing and increased transparency
2. Joins Emcredit’s growing member base
In a...
Emirates NBD launches Emirates Global Sukuk Fund
•   High profit rate, low minimum investment
•   Semi-annual income distribution
•   Low management fees, award-winning team
Emirates NBD announced today the launch of the Emirates Global...
UAE banks must refrain from offering loans over the phone
In recent news and regulations issued from the central bank of the UAE, another restriction has been implemented on the banking sector.
All banks must...
Dubai Bank signs strategic alliance with SALAMA for Takaful products
1. Wide range of Takaful plans available to Dubai Bank customers
2. Supports customers in addressing education, retirement planning and other short and long-term goals
Expanding...
Emirates NBD launches online customer care platform
Provides dedicated webpage on bank website to channel customer feedback and enquiries
New service to expedite review...
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...