Banks in UAE likely to get 5 years to conform to Central Bank’s new large-exposure rules
Abu Dhabi: Banks in the UAE will likely be given about five years to conform to new large-exposure rules which…
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Emirates Islamic Bank Floats US $1bn Sukuk on NASDAQ Dubai
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD, rang the opening bell at Dubai Financial Market today to…
UAE banks likely to get 5-year grace period over GRE loans
Banks are likely to be given a five-year grace period to comply with new rules limiting their exposure to government-related…
QInvest unveils new growth strategy
QInvest# unveiled in early October its new strategy to deliver long term sustainable growth. The new strategy has streamlined…
Addleshaw Goddard strengthens core GCC capability with Dubai-based Corporate partner
Addleshaw Goddard has strengthened its GCC offering with the appointment of corporate expert Ben Gillespie to its Dubai office. Ben…
Ministry of Finance rates Egyptian banks
The Ministry of Finance announced in an official statement the names of the top five banks that trade treasury bills…
Bank of Fujairah plans big Africa expansion
National Bank of Fujairah may open trade finance offices in Africa as part of an expansion of foreign business that…
Saxo Bank hopes to partner UAE bank in wealth management product
Saxo Bank is considering investing in the sponsorship of a leading Formula One racing team according to the bank’s chief…
NBAD Eyes Emerging Markets For Growth – CEO
National Bank of Abu Dhabi , the largest lender by market value in the United Arab Emirates, expects revenue to…
IDB to launch $10bn sukuk programme in Dubai
The Islamic Development Bank will set up a $10 billion sukuk issuance programme on the Nasdaq Dubai exchange, a boost…
Emirates NBD sees double digit growth for its retail banking business
Retail banking revenues in the UAE are growing at about 8 to 10 per cent this year Suvo Sarkar…
Prestige opens first Middle East office
Prestige has opened its first office in the Middle East and appointed two new directors to lead the operation. …