Central Bank sees surge in gross credit, money supply

Gross credit and deposits in the UAE's banking sector rose in October amid a surge in money supply, reflecting an upswing in economic activity. According to the latest monetary data provided by the UAE Central Bank on Tuesday, money supplies in two ... ( read original story ...)

Smart Dubai extends Paperless Finance project

Smart Dubai Office is set to extend its ‘Paperless Finance' project to other Dubai government entities, to help them eliminate paper transactions from their financial processes. The Paperless Finance project, which is currently in use by Smart Dubai ... ( read original story ...)

Iran Banking Issues With China, UAE Resolved

A senior Iranian official announced that there are no significant banking issues with China and the UAE, as hurdles with Turkish Halkbank are being removed. “About two months ago, there were reports that bank accounts of Iranian petrochemical companies ... ( read original story ...)

UAE Banks Federation revamps its brand identity

Reinforcing its pivotal role in driving the continuous growth and development of the country’s banking sector, the UAE Banks Federation, a professional representative body comprising 48 member banks operating in the UAE, has launched a new brand identity. ( read original story ...)

Nasdaq Dubai to add Emaar Development to futures market

... will add Emaar Development to its futures market as soon as the company lists its shares on Dubai Financial Market (DFM) following its initial public offering (IPO). The listing is expected to take place on Wednesday. Investors will be able to trade ... ( read original story ...)