Amanda Allen bounced cheque case could affect UAE expats
A recent case involving an expat who bounced a cheque in Abu Dhabi could have serious repercussions for Britons…
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Burgan Bank posts profit
Burgan Bank posted Monday KD 31.2 million as net profits for the first half 2012, compared with KD 25.3…
Standard Chartered rejects Iranian 'scheming' claims: statement in full
STANDARD CHARTERED PLC STRONGLY REJECTS THE POSITION AND PORTRAYAL OF FACTS MADE BY THE NEW YORK STATE DEPARTMENT OF…
NBAD picks banks for 7-year bond
National Bank of Abu Dhabi, the largest lender by market value in the UAE, picked four banks to arrange…
Restoring confidence in investment funds, UAE paper
The latest set of regulations on fund transfers issued by the Securities and Commodities Authority (SCA) last month is a…
UAE unveils tighter rules for funds
The United Arab Emirates has introduced new laws targeting investment funds, aiming to tighten the light-touch regulation of the past…
RAKBANK expands its network of branches
RAKBANK, the UAE leading Retail and SME bank, has announced the opening of its seventh branch in Abu Dhabi and…
Standard Chartered faces suspension over Iran transactions
Standard Chartered bank illegally "schemed" with Iran to launder as much as $250bn (£161bn) for nearly a decade, a US…
Middle East investor buys luxury London-based handbag firm
A Middle East investor has purchased the luxury London-based handbag company, Anya Hindmarch, a British newspaper reported Saturday. The…
Consultant submits draft law for Islamic takaful insurance
The UK-based law firm Clifford Chance, which was appointed by the Sultanate's insurance regulator Capital Market Authority (CMA), has submitted…
Islamic trade finance ‘is lost in transaction’
Omar Ibn al-Khattab, ruler of a nascent Islamic empire in the seventh century, once convened a meeting in Madinah to…
Abu Dhabi’s NBAD Said To Sell Benchmark-Sized Dollar Bonds
National Bank of Abu Dhabi PJSC, the United Arab Emirates’ second-biggest bank by assets, may sell benchmark-sized seven-year dollar bonds,…