HSBC has appointed Gareth Thomas as regional head of global banking for the Middle East, North Africa and Turkey (MENAT), effective from September, subject to regulatory approval. Thomas will relocate …
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Saudi lender National Commercial Bank lifted by rise in fees and investment income
Dubai: Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported a 6.7 per cent rise in second-quarter net profit on Tuesday on increased fees, commission and investments. …
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UAE Banks Federation hold workshop in Abu Dhabi ahead of Basel III implementation
The workshop was designed to support Heads of Risk Management (CRO) and Heads of Finance (CFO) as they prepare for the upcoming transition, according to UBF, in line with regulations set by the Centra…
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Emirates NBD Bank : ENBD launches family savings account for Emiratis
Emirates NBD, a leading bank in the region, has launched its Emirates NBD Family Savings Account for UAE national customers, enabling Emirati families to benefit from preferential interest rates and p…
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UAE’s Invest Bank’s ratings lowered
The lowered rating followed the sizeable increase in non-performing loans (NPLs) in 2017 and in Q1 2018, which has led to a significant decline in the loan-loss reserve (LLR) coverage ratio and the im…
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UAE amnesty 2018: Foreign missions to open counters
… of labour-sending countries will have counters at Dubai’s main amnesty centre in Al Aweer to facilitate the early repatriation of residents overstaying their visas from August 1, Gulf News has lea…
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Dubai taxi drivers get cars for good performance
Dubai: The Dubai Taxi Corporation (DTC) has honoured three drivers as part of the annual Star Service Award aimed to select the best-performing taxi drivers in several categories. The winners were gif…
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UAE amnesty 2018: Foreign missions to open counters in Dubai
… of labour-sending countries will have counters at Dubai’s main amnesty centre in Al Aweer to facilitate the early repatriation of residents overstaying their visas from August 1, Gulf News has lea…
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Horse Racing: Dubai World Cup prize money raised to $12 million
DUBAI (Reuters) – Dubai’s ruler on Wednesday increased the Dubai World Cup purse to $12 million, maintaining its status as one of the world’s richest horse races. The Dubai World Cup, which once was t…
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Dubai woos Saudi tourists
Saudi Arabia’s biggest travel group has teamed up with Dubai tourism chiefs in a bid to attract more visitors from the Kingdom. Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and …
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Dubai Shariah court to decide fate of $460m super-yacht Luna
But in a ruling earlier this month, seen by Arab News, the Dubai Judicial Tribunal has sent the matter to the Dubai courts for a decision. The tribunal was set up to decide on matters of disputed juri…
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Dubai International Stadium Gears Up for India-Pakistan Clash
Speaking to Gulf News, Khalid Al Zarouni, the President of the Dubai Sports City (DSC) that owns the Dubai stadium, said: “Our venue is geared up at all levels to offer a great match experience to all …
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Dubai Investments building a new horizon of growth
The content is supplied by Arabian Business Brand View Partners. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straigh…
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Dubai targets Saudi tourist market through Al Tayyer tie-up
whilst Dubai Tourism confirmed that in the first five months of this year, the emirate welcomed 630,000 Saudi visitors. – TradeArabia News Service
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WiFi for guests: What you need to know
Dubai: Providing free Wi-Fi has become a strong selling point for most businesses. Giving Wi-Fi access to customers and guests can allow you to collect their data and gain priceless and useful insight…
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Dubai South Business Park woos European SMEs
The Business Park at Dubai South said it has entered into a strategic partnership with the Union of European Expert Chambers to set up a permanent exhibition and business centre for the members of the …
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Dubai Judicial Institute Publishes the Ninth Edition of Its Magazine
Dubai Judicial Institute (DJI) has announced the release of the ninth edition of its ‘Emirates Law, Business & Practice’ magazine, which focuses on VAT and its history, importance and implementation. …
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