UAE banks


Israel's Two Biggest Banks Sending Delegations To UAE

Middle East Business News - Published date: .

Representatives from Bank Hapoalim Ltd and Bank Leumi le-Israel Ltd to travel to the UAE this month Read more

UAE Central Bank Boosts Liquidity With $4.3bn Cash Injection

Middle East Business News - Published date: .

Certificates of deposit dropped to $53bn by the end of May, from $54bn in April Read more

First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions

Middle East Business News - Published date: .

Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more

Mashreq Reports Drop In First-half Profit Amid 'tough Operating Environment'

Middle East Business News - Published date: .

Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more

UAE-based NMC Heads To Administration After Bowing To Creditor Demands

Middle East Business News - Published date: .

Most of NMC's senior management has resigned since it revealed more than $4 billion of undisclosed debt. Read more

UAE Central Bank Orders ATMs To Be Replenished With New Banknotes

Middle East Business News - Published date: .

Banks also asked to sanitising all ATMs on a regular basis and provide disposable latex gloves Read more

UAE Bank Customers' Complaints To Be Dealt With Quickly Under New Guidelines

Middle East Business News - Published date: .

Consultation process launched for new Financial Consumer Protection Regulatory Framework Read more

Emirates Investment Bank Hires Ex-Al Rajhi Capital Boss As New CEO

Middle East Business News - Published date: .

Gaurav B Shah brings over 20 years of experience in wealth and asset management and investment banking Read more

How The UAE Plans To Give More Protection To Bank Customers

Middle East Business News - Published date: .

Consultations start on plans to establish new financial consumer protection regulatory framework in the UAE Read more

UAE Banks Head For Indian Courts To Recover $7bn Loan Defaults

Middle East Business News - Published date: .

The move follows India notifying last month UAE as a reciprocating territory for the purpose of enforcing foreign civil ... Read more

HSBC Launches New 'perfect' Bank Account For UAE Millionaires

Middle East Business News - Published date: .

Jade is a bespoke bank account offering a combination of personalised relationship management, advanced wealth solutions... Read more

In Pictures: 7th Edition Of UBF's Middle East Banking Forum In Abu Dhabi

Middle East Business News - Published date: .

Under the theme 'Unlocking the Future, Shifting the Paradigm', MEBF 2019 explored key topics including Fintech, Islamic ... Read more

UAE Plans To Loosen Cap On Bank Lending To Property Industry

Middle East Business News - Published date: .

UAE banks can currently lend as much as 20% of customer deposits to the property industry Read more

Emirates NBD Hires New CFO As Nine-month Profits Soar

Middle East Business News - Published date: .

Dubai's biggest bank appoints Patrick Sullivan as group chief financial officer, replacing Surya Subramanian Read more

UAE Banks Lobby Calls For Real Estate Lending Limits

Middle East Business News - Published date: .

Abdul Aziz al-Ghurair, head of the United Arab Emirates Banks Federation, has revealed plans for a cap on loans Read more

UAE Banks To Suspend Credit, Debit Cards Of Users Who Don't Update Emirates ID

Middle East Business News - Published date: .

UAE Central Bank issued a circular last year saying that all details must be updated by the end of February Read more

UAE Unveils Plan To Ease Debt Woes For Emiratis

Middle East Business News - Published date: .

The plan targets loans that cost citizens more than 50% of their monthly salary Read more

Loans Worth Nearly $100m Waived For Emiratis

Middle East Business News - Published date: .

13 UAE banks participated in the initiative from the Debt Settlement Fund Read more

Dubai's Emirates NBD Reports 20% Increase In 2018 Profit

Middle East Business News - Published date: .

Emirates NBD recommended a dividend of 40 fils a share, unchanged from a year ago Read more

Dubai's Emirates NBD Reports 20% Increase In 2018 Profit

Middle East Business News - Published date: .

Emirates NBD recommended a dividend of 40 fils a share, unchanged from a year ago Read more