Register for our free newsletter

Latest News

uae banking


Private banking small, but competitive in GCC region

Sector is fragmented and opaque, says CEO of Insight Discovery.

November 14, 2013 4:17
bank uae

Who is to blame for the hatred of banks in the UAE?

Everyone loves to hate banks in the UAE—but what is at the root of the country-wide hatred for customer service?

December 6, 2012 4:22
RAK bank official song

‘Sonic marketing’ makes some noise in the UAE

RAK bank launches its official song in the UAE, but are customers dancing to its tunes?

August 2, 2012 1:03

Dubai’s ENBD plans no further Network Intl sell-down

Emirates NBD, Dubai's largest bank, does not plan to further sell down its stake in Network International, the chairman of the payment processing firm said on Tuesday.

November 16, 2011 1:07
Dubai’s Sheikh Ahmed: local banks have ample liquidity

Dubai’s Sheikh Ahmed: local banks have ample liquidity

As chairman of Dubai's Supreme Fiscal Committee, Sheikh Ahmed says that although local companies still haven't rebounded from the debt crunch, banks have sufficient liquidity to weather a second downturn.

October 3, 2011 1:43

Abu Dhabi’s NBAD issues $20M at 4.8percent in private placement

National Bank of Abu Dhabi (NBAD) , the largest bank by market value in the UAE issued $20 million in a private placement under its existing bond programme, a statement said on Monday.

September 12, 2011 11:58

Credit Agricole to close Bahrain office -IFR

"While sources said that the move has been talked about for some time, they admitted that the unrest which affected the country earlier this year did have some impact on the decision," said IFR.

August 15, 2011 3:36
It’s not you, it’s me—Credit Agricole’s Bahrain exit will be first of many –analyst

It’s not you, it’s me—Credit Agricole’s Bahrain exit will be first of many –analyst

Banking firm Credit Agricole’s move from Bahrain to Dubai was a coup for UAE. Una Galani expects more companies will follow and it’s not just because of the unrest.

August 15, 2011 3:00

ADCB’s shares in Mayalsian bank RHB up for grabs

CIMB CEO says not bidding for RHB stake; Abu Dhabi Commercial Bank is selling its $1.6 bln RHB stake; First round bids for stake are due Thursday - sources; RHB shares up 1.7 pct by midday; CIMB shares flat

May 19, 2011 8:50

Dubai takes over Islamic lender Dubai Bank

Govt to wholly own Dubai Bank after capital injection; Options for bank's future still being assessed; Deal to dilute holdings of shareholders

May 16, 2011 12:43