That, in addition to enhancing government entities’ ability to implement and achieve their goals and programmes with the required efficiency,” said Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of …
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Dubai Islamic Bank completes integration with Noor Bank
Dubai – Dubai Islamic Bank (DIB), the UAE’s largest Shariah-compliant bank, on Monday said it had completed the integration of Noor Bank following completion of the merger of two banks Dubai Islamic …
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Dubai Islamic Bank completes Noor Bank integration in 283 days, well ahead of target date
The full integration of Noor Bank into Dubai Islamic Bank has been completed, with the final phase involving the migration of the former’s banking relationships. The combined entity has assets of …
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Dubai Renewables Firm Alcazar Energy Said to Resume Sale Process
Dubai-based Alcazar Energy Ltd. has resumed a strategic review that could culminate in a sale of the company at an enterprise value of about $1 billion, according to people with knowledge of the …
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Dh58 billion budget will put UAE on path to early recovery
The UAE Cabinet on Sunday approved a Dh58 billion budget for 2021 … The budget reflects strength of the national economy and the abundance and sustainability of resources to finance development, …
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‘Central Bank’s been vital in promoting financial control and stability in the country’
The Central Bank has been vital in promoting financial control, monetary stability, efficiency and resilience in the country’s financial system, as well as protecting consumers through the issuance of …
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UAE’s First Abu Dhabi Bank Mobile Banking App added to HUAWEI AppGallery
Our partnership with a leading regional bank means that not only will our businesses benefit … “Huawei has been working closely with local developers in the UAE to increase customer engagement with …
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Dhs20.7 billion profits of 8 UAE banks in 9 months
The eight banks are “Emirates NBD”, “First Abu Dhabi Bank”, “Dubai Islamic Bank”, “Abu Dhabi Commercial Bank”, “Sharjah Islamic Bank”, “National Bank of Ras Al Khaimah”, “Dubai Commercial Bank” and …
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AU Small Finance Bank brings NRI banking closer to residents
AU Small Finance Bank, a brand that continues to play on its strength and bring the underbanked into the banking fold, ensures an …
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UAE- Finnovex ME 2020 to deliberate on financial sector collaboration
Exibex, the organisers of Finnovex Global Series, the leading summit on financial services innovation and excellence, unveiled that Finnovex Middle East 2020 will deliberate on financial sector …
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Abu Dhabi and Dubai are on a rapid growth trajectory: HSBC
Dubai: Leading UAE cities Abu Dhabi and Dubai … Abu Dhabi has transformed into a global business, banking, cultural and hospitality hub and one of the key centres of the Middle East, North …
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AU Small Finance brings NRI banking closer to residents
Dubai — AU Small Finance, a brand that continues to play on its strength and bring the underbanked into the banking fold, ensures an extensive bouquet of banking products and services to all segments …
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Trump reveals plan to sell F-35 fighter jets to UAE — but hurdles remain
The Donald Trump administration on Thursday notified Congress of its intent to sell 50 Lockheed Martin F-35 II joint strike fighters to the United Arab Emirates, in a sale that could amount to $10 …
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Sterling Trading Tech Announces Integration With Linear Investments
Sterling Trading Tech (STT), a leader in compliance, risk and infrastructure solutions for equity, options and futures trading, announced today that it completed integration with Linear Investments, a …
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Never share bank details over the phone, cops in UAE warn
The police said fraudsters send such messages, usually via SMS or WhatsApp, to dupe bank customers into sharing their personal data.
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UAE’s Etihad issues $600m sustainability-linked sukuk
UAE’s Etihad Airways has issued a $600m sukuk … Linked financing in global aviation, under a Transition Finance Framework. “By issuing a Sustainability-Linked Sukuk, Etihad is voluntarily …
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Empower successfully concludes participation in the 3D virtual WETEX and Dubai Solar Show 2020
Deputy Ruler of Dubai, Minister of Finance of the UAE and President of DEWA. As a strategic sponsor and key player in the energy and utilities sector, Empower took part in the event, which featured …
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