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Emirates NBD opens new branch in Muraqqabat

Largest branch in Deira to serve busy business district Offers Retail, Priority and Business banking services under one roof Emirates NBD, a leading bank in the...

UAE Investment Map highlights strategic opportunities for global investors

His Excellency Eng. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary of the UAE Ministry of Economy, today, announced the launch of the UAE...

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...

Dubai launches smaller bond issue in return for better price

Dubai Government launched a $500 million 10-year bond on Wednesday, according to sources. Lead arrangers commented that it seems the emirate prefers smaller bond...

Mahra Ladies Banking designed exclusively for today’s woman

Mahra Ladies Banking provides significant discounts at shops, restaurants, hotels and resorts Additional benefits include concierge services, free valet parking, unlimited access to Ladies Clubs...

Interest-free housing loan for UAE Nationals

Mohammed Bin Rashid Housing Establishment (MRHE) and Emirates NBD, the leading bank in the region, signed an agreement today, to support the funding of...

Deflating news for men: Women Better Investors

A new study by Barclays Capital and Ledbury Research found that women were more likely to make money as investors in the financial markets,...

Facebook preparing for an IPO

Facebook is preparing for an IPO that is expected to surpass $100 billion, according to a new report. If the forthcoming initial public offering surpasses...

Dubai Government promotes bond among international investors

The Government of Dubai, acting through the Department of Finance, today announced a series of meetings with potential investors on a benchmark US$ Reg...

Individual investors increase share of equities trading to 11.6% in May...

Individual investors on Nasdaq Dubai increased their share of equities traded value on the exchange to 11.6% in May 2011, up from 8.9% in...

HSBC eases requirements for Home Loans in Dubai

HSBC Holdings is making it easier for home buyers to get home loans in Dubai, as one of the real estate market shows signs of improvement.

CFA Institute drives international financial standards; Registration increase 131 %

CFA Institute, the global association of investment professionals, announced today that over 900 candidates registered for its June 2011 examinations from across the GCC,...

Declining trading volumes may not be bearish

Stock market volume in recent sessions has begun to decline, just as it does every June as summer begins. Analysts also have started to...

Financial personalities of the wealthy in the Middle East

New report provides in-depth global analysis into financial personalities of the wealthy in the Middle East Report reveals link between the use of financial...

Merrill Lynch Wealth Management strengthens Middle East team

Merrill Lynch Wealth Management today announces three hires to the Middle East team. Leila Alameddine joins as Market Manager for Levant, Shereen Ghobrial joins...

Retailers to stop charging surcharge on credit card usage from July...

His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop...

UAE Banking Sector grew 66 percent in Q1 of 2011

In the first quarter of 2011, profitability has increased in the banking sector in all GCC countries, according to data released by Global Investment...

‘Best Fund Management Company’ at Arab Achievement Awards 2011

Emirates NBD Asset Management Limited, a wholly owned subsidiary and the asset management arm of Emirates NBD, a leading bank in the Middle East,...