Dubai Police signed a long-term partnership with Noor Bank to give its customers the opportunity to pay traffic fines in instalments. Under the agreement, Noor Bank credit card holders can pay traffic …
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UAE- NRIs cheer ‘Nava Bharat’ vision
(MENAFN – Khaleej Times) The non-resident Indian community in the UAE welcomed the interim budget presented by newly-appointed Finance Minister Piyush Goyal as a smartly-balanced election-year …
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Total UAE banking reserves rise to $77.1bn
Total reserves at the Central Bank of the UAE increased to AED283.4 billion ($77.1 billion) by the end of November, a growth of 4.3 percent from AED271.6 billion during the same month of 2017. The gro…
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Exclusive: Venezuela plans to fly central bank gold reserves to UAE – source
CARACAS (Reuters) – Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan …
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Venezuela to sell 15 tonnes of central bank gold to United Arab Emirates: source
Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, in an effort b…
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Dubai Islamic net profit for 2018 hits $1.36bn
Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, has posted a net profit of Dh5 billion ($1.36 billion) during 2018, up 11 per cen…
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Trade Finance Administrator – UAE – Aburi Composites – DMCC – Dubai Jobs
We are a successful and dynamic company based in London, looking to engage with an UAE based Trade Finance Administrator to support our local UAE DMCC company. Reporting to our Structure Finance Direc…
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UAE telecom operator du announces CFO resignation
UAE telecoms operator Emirates Integrated Telecommunications Company (EITC) – the parent company of du – announced that its chief financial officer, Amer Kazim, has resigned. Kazim …
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Dubai’s du says chief financial officer has resigned
Emirates Integrated Telecommunications Company (EITC) today, better known as du, on Thursday announced the resignation of its chief financial officer, Amer Kazim. The company said Kazim is leaving to …
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UAE’s du announces resignation of chief financial officer
Dubai: Emirates Integrated Telecommunications Company (EITC), the parent company of du, announced on Thursday that its chief financial officer (CFO), Amer Kazim, has resigned. The company said …
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DFSA joins launch of Global Financial Innovation Network
The Dubai Financial Services Authority (“DFSA”) is pleased to announce the launch of the next phase of the Global Financial Innovation Network (“GFIN”) This pilot cross-border testing follows last yea…
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UAE Bank merger: ADCB, UNB and Al Hilal Bank answer you questions
The official website of the three merging banks, ADCB , UNB and Al Hilal who are expected to finalise their merger by mid 2019, has published answers to the most frequent questions being asked by …
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UAE firms tie up in three-way mega merger to create $114 billion banking giant
Abu Dhabi Commercial Bank, Union National Bank and Bank Al Hilal have announced a major three-way merger deal that will create the fifth largest lender in the MENA region with combined assets of $114 …
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Ministry of Finance hosts delegation from the Global Forum on Transparency and Exchange of Information for Tax Purposes
Abu Dhabi UAE: The Ministry of Finance (MoF) recently hosted a delegation from the Global Forum on Transparency and Exchange of Information for Tax Purposes at its headquarters in Abu Dhabi during the…
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Dubai Islamic Bank net profits up 11% to Dh5 billion in 2018
Dubai: Dubai Islamic Bank (DIB) on Wednesday reported Dh5 billion net profits, up 11 per cent compared to Dh4.5 billion in 2017. In response to the strong performance, DIB’s board of directors …
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ADCB, UNB, Al Hilal join to create powerful banking group
The UAE banking sector is set to have a powerful new banking group following the decision of Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) to merge and together to acquire Al Hilal Ba…
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Three Abu Dhabi lenders agree to create $114 billion bank
DUBAI/ABU DHABI (Reuters) – Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank agreed a merger on Tuesday to create the third-largest bank in the United Arab Emirates. The bank will beco…
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