Central Bank Approves Requests Of A Number Of Banks To Expand Activities And Open New Branches
The Board of Directors of the Central Bank of the UAE has approved a number of applications of banks and…
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Standard Chartered launches Islamic saving accounts
Standard Chartered Bank, a leading multinational banking and financial services company, has announced the launch of Islamic saving accounts for…
Northern Trust Asset Management Hires Director Of Institutional Business To Support Growth In The Middle East
Jean-Paul Hobeika has been hired as director of institutional business for Northern Trust Asset Management in the Middle East. …
Emirates NBD launches edutainment mobile simulation game to promote financial literacy
Through its highly engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young…
Qatari bank trio in talks for potential $44 bln merger
Qatari banks Masraf Al Rayan, Barwa Bank and International Bank of Qatar have begun initial talks for a potential merger,…
Gulf companies feature in MENA ESG index top 10
Seven companies in the UAE and Saudi Arabia have been listed in Hawkamah and S&P’s ESG index for the MENA…
Fitch: Courts Will Be Key to Implementing New UAE Bankruptcy Law
The ability of the UAE courts to interpret the federation's new bankruptcy law and handle bankruptcy proceedings will be key…
Clover Infotech opens new office in Dubai
Clover Infotech, one of the fastest growing IT services companies based out of Mumbai, has opened its office in Dubai,…
UAE keen to enhance investment in Pakistan
The United Arab Emirates on Monday expressed interest in increasing investment into Pakistan from an existing six billion dollars level…
UAE eyes Dubai as Islamic economy hub
The UAE’s Ministry of Finance recently signed a MoU with Dubai Islamic Economy Development Centre to boost co-ordination on matters…
Arab Bank (Switzerland) joins Avaloq Community
On 12 December 2016, Arab Bank (Switzerland) Ltd signed a long-term contract with Avaloq for full Business Process Outsourcing (BPO)…
Al Rayan Bank appoints new chief operations officer
Venkat Chandrasekar has joined Al Rayan Bank as chief operations officer to oversee the bank’s frontline functions. An operations…