Dubai: Emirates Islamic, belonging to Emirates NBD Group, is gaining traction in asset growth, profitability and asset quality, thanks to strong demand for Islamic banking services, a sharply focused …
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Retail banking strategy to drive asset growth
Dubai: Emirates Islamic’s balance sheet is dominated by retail banking assets and going forward, this will continue to be the key driver of both asset growth and profitability, said Wasim Saifi, …
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Qatar imposes additional restrictions on UAE’s largest bank
DUBAI (Reuters) – Qatar has placed further restrictions on First Abu Dhabi Bank, the United Arab Emirates’ largest lender, as it continues a probe into alleged currency manipulation begun after the …
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Sharjah records seven accidents during Eid break
Sharjah: As many as seven accidents were recorded during the Eid holidays and resulted in serious and moderate injuries to several people, police said on Sunday. Lieutenant Colonel Mohammad Alai …
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Is it legal for Dubai real estate agents to ask for your salary certificate?
I viewed an apartment in Dubai and decided to go for it. However, when I approached the real estate firm, an agent told me that I needed to submit a salary certificate and a three-month bank statement …
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Fund flows will reset Dubai property values: Be patient with real estate price recoveries
Despite Dubai’s property transactions rising for the first five months, the literature on real estate is still replete about prices falling … and of an unquantifiable supply pipeline. It is absurd …
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Floating solar power plants in UAE waters? Read this
Dubai Electricity and Water Authority, DEWA, has issued a request for proposal, RFP, for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. …
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Five Government Entities To Enhance The Quality Of Services Offered In Abu Dhabi Airport
Memorandum of Cooperation was signed between Abu Dhabi Airports, Etihad Airways, General Administration of Customs, Federal Authority for Identity and Citizenship and Abu Dhabi Police. In the presence …
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Network International listed on FSE 250 Index
The Dubai-based outfit, which enables digital commerce in the Middle East and Africa, has been included in the prominent index after its hugely successful initial public offering (IPO) in April this …
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World of Wonders Real Estate Development, Dubai Islamic Bank introduce home finance solution for SLS Dubai residences
A truly exclusive home finance solution that brings greater affordability for end users and potential to earn more than 45% return on equity for investors during the first 7 years. A development by …
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UAE- Emirates NBD highlights commitment to preserving marine biodiversity on World Ocean Day
(MENAFN – Dubai PR Network) Bank’s Keep the Creek Clean initiative clears more than 5,400kgs of waste from the ocean Dubai, 08 June 2019: Emirates NBD, a leading financial institution in the …
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Banking reforms key to Narendra Modi’s second term, analysts say
The World Bank estimates that recovery rates – accounting for the outcome … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and …
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Dubai banks involved in money laundering scandal
Instead of looking into the source of such money, Dubai bank is cooperating with their clients in shifting funds to various banks in the world. In 2009, a Bangladeshi family had smuggled-out millions …
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UAE among top 10 markets for billionaires globally
Farzad Billimoria, UAE head of HSBC Private Banking – DIFC branch, also noted that growth of wealth in the UAE has been positive due to several factors. “One is the geographical advantage of where the …
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Dubai to champion development of floating solar plants in the Middle East
Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RFP) for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. …
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DEWA to develop floating solar power plants in Arabian Gulf
DUBAI, 9th June, 2019 (WAM) — Dubai Electricity and Water Authority, DEWA, has issued a request for proposal, RFP, for appointing consultants to study, develop and construct floating solar …
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Big boost for higher studies in Sharjah
Dr Shaikh Sultan Bin Mohammad Al Qasimi during the graduation ceremony at the University City Hall in Sharjah. Image Credit: WAM SHARJAH: The University of Sharjah is all set to increase its …
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