UAE Banking


Emirates NBD Receives Approval To Double Foreign Ownership Limit

Middle East Business News - Published date: .

Dubai's largest bank earlier reported a 45% slump in first-half profits Read more

Dubai Islamic Slumps As NMC Exposure Risks Wiping 45% Of Profit

Middle East Business News - Published date: .

Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary Noor Bank about $116m Read more

Date Set For Emirates NBD Rights Issue On Dubai's DFM

Middle East Business News - Published date: .

Dubai Financial Market says rights issue of the emirate's largest bank is due to be traded between November 3-14 Read more

UAE's Biggest Bank FAB Expands Saudi Operations

Middle East Business News - Published date: .

First Abu Dhabi Bank announces opening of a branch in Al Khobar, with Jeddah to follow shortly Read more

UAE's Biggest Bank Posts 4% Profit Rise To $2.5bn

Middle East Business News - Published date: .

First Abu Dhabi Bank CEO says on track for a record performance in 2019 Read more

UAE Central Bank Confirms Move To Control Real Estate Exposures

Middle East Business News - Published date: .

Central Bank of the UAE releases for consultation proposed new regulations to better control real estate exposures in th... Read more

Dubai Banking Giant Offers Luxury Cars, Watches In New Savings Promotion

Middle East Business News - Published date: .

Emirates NBD is offering individual and SME customers the chance to win luxury cars and premium watches when they save Read more

Dubai's Mashreq Announces Appointment Of New CEO And Chairman

Middle East Business News - Published date: .

Former CEO Abdullah Abdul Aziz Al Ghurair becomes chairman of Mashreq after 30 years in previous role Read more

Revealed: How Healthy Is The UAE's Banking Sector?

Middle East Business News - Published date: .

New research says UAE banks are generating healthy earnings despite tougher economic conditions in Q1 Read more

Why A Second Merger Wave May Hit UAE Lenders

Middle East Business News - Published date: .

Bloomberg Intelligence report say banks in the UAE are seeking to improve profitability and tackle inefficiencies Read more

UAE's Largest Bank Launches Saudi Ops With Riyadh Branch

Middle East Business News - Published date: .

First Abu Dhabi Bank has officially inaugurated its Saudi Arabia operations by opening its first branch in Riyadh Read more

New UAE Banking Group Unveiled With $115bn Assets

Middle East Business News - Published date: .

ADCB Group starts operations following the merger of Abu Dhabi Commercial Bank and Union National Bank and acquisition o... Read more

UAE's Largest Bank FAB Posts Record Net Profit In Q1

Middle East Business News - Published date: .

First Abu Dhabi Bank CEO says optimistic for remainder of 2019 after reporting record first quarter net profits Read more

Dubai Bank Offers Private Island As Prize In Loyalty Points Promotion

Middle East Business News - Published date: .

The location of the island is being kept under wraps but Liv says it is the size of five football fields and is connecte... Read more

Dubai's Biggest Bank Celebrates Listing Of $1bn Bond

Middle East Business News - Published date: .

Senior banker rings the market-opening bell at Nasdaq Dubai to celebrate the listing of a $1bn conventional bond Read more

'No Significant Impact' On Jobs From Mashreq Branch Closures

Middle East Business News - Published date: .

Senior exec says bank is retraining employees as part of its digital transformation strategy Read more

Revealed: How Dubai's Mashreq Is Adapting To A New Era In Banking

Middle East Business News - Published date: .

Mashreq Bank unveils a reimagined branch format as part of its digital transformation strategy Read more

Dubai Digital Bank Liv Launches AI-powered Chatbot Olivia

Middle East Business News - Published date: .

With the launch of Olivia, Liv customers can get account information and insights on their spending as naturally as text... Read more

UAE Bank Hires Former StanChart Senior Exec As New CEO

Middle East Business News - Published date: .

United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO Read more

UAE Bank Hires Former StanChart Senior Exec As New CEO

Middle East Business News - Published date: .

United Arab Bank has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO Read more