Our Network

Register for our free newsletter

 
 
Latest News

Banking

Credit Card Security

UAE debit card holders: Security is key

We all work hard for our money, so we should not forget to protect it

July 30, 2014 10:26
 
uae banking lending limit extension

Study finds 2012 profitable year for GCC banks

A recent study from the Boston Consulting Group has found that banks in the Middle East enjoyed revenue growth of a 6.9 percent increase and an increase in of 8.1 percent.

March 27, 2013 6:18
 
Libor Scandal but with criminal power?

Power of criminal sanctions: Libor reform effect on GCC business

Any reforms in setting Libor will affect the cost of doing business in the GCC and hence should be of importance to both lenders and borrowers...

September 24, 2012 2:27
 
UAE-central-bank

UAE central bank confirms Barclays to leave rate-setting panel

The United Arab Emirates central bank confirmed Barclays has asked to withdraw from the country's interbank lending rate-setting panel, and will leave after completing a mandatory 90-day notice period.

July 19, 2012 11:00
 
Barclays Bank

Barclays to leave UAE rate panel in 90 days

Barclays, hit by the Libor scandal in Britain, will leave the rate-setting panel for interbank lending in the United Arab…

July 18, 2012 11:08
 
200-barclays

Libor scandal forces Barclays from UAE rate panel

British bank Barclays plans to pull out of the rate-setting panel for interbank lending in the United Arab Emirates because of its involvement in the Libor scandal in Britain, industry sources told Reuters on Sunday.

July 16, 2012 10:28
 
http://www.dreamstime.com/-image562555

New rules to boost Kuwait capital markets

Kuwait’s new loan-to-deposit ratio rules for banks are aimed at encouraging capital market development, improving asset-liability matching and boosting credit…

May 22, 2012 9:18
 
Dubai Lender ENBD's Q1 Profit Beats Forecasts

Dubai Lender ENBD's Q1 Profit Beats Forecasts

Emirates NBD reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.

April 25, 2012 2:48
 
Mashreq Bank Q1 Net Profit Up 2 Percent

Mashreq Bank Q1 Net Profit Up 2 Percent

Mashreq bank posted a 2 percent rise in first-quarter earnings, as a fall in provisions outweighed lower total income. Net profit increased to 271 million dirhams ($73.8 million) in the period, up from 265.3 million dirhams a year earlier, a bank statement said.

April 25, 2012 10:39
 
First Gulf Bank Q1 Net Up 7 Percent

First Gulf Bank Q1 Net Up 7 Percent

The bank made a net profit of 935 million dirhams ($ 254.7 million) in the three months to March 31, up from 875.28 million dirhams in the prior-year period, FGB said in a statement on Monday

April 23, 2012 4:18
 
12345...10...