UAE’s largest banks to maintain ‘solid’ profits in 2018

The four largest banks in the UAE will see robust profits in the next 12 to 18 months despite pressure on fees and commision income, a Moody’s report states. Moody’s Investors Service said First Abu Dhabi Bank (FAB), Emirates NBD, Abu Dhabi Commercial ... ( read original story ...)

UAE- Islamic banking attracts flocks of Pak customers

(MENAFN - Khaleej Times) Islamic banking in Pakistan, although still in infancy stage, is attracting flocks of customers including the government of Pakistan. At the same time, the Islamic banks, financial institutions including #UAE banks' #Pakistan units ... ( read original story ...)

Islamic banking attracts flocks of Pak customers

Islamic banking in Pakistan, although still in infancy stage, is attracting flocks of customers including the government of Pakistan. At the same time, the Islamic banks, financial institutions including UAE banks' Pakistan units are launching new products ... ( read original story ...)

UAE insurance premiums rise 17% – study

Gross insurance premiums (GPW) of publically listed insurers in the UAE rose by 17 percent in the first half of 2017, according to a report. The study by S&P Global Ratings found that as of June 2017, GPW for 28 out of the country’s 30 listed insurance ... ( read original story ...)

Securing digital banking transformation in the UAE

As consumers increasingly transact online, banks need to follow a diligent approach to enforcing security measures, especially in the face of emerging threats. Given the increasing risk of internet banking frauds, the question remains, “is it still safe ... ( read original story ...)

Saudi banking outlook to improve in second half of 2017

Dubai: Confidence in the outlook for Saudi Arabia’s banking sector is gaining momentum as most leading banks have shown resilience in balance sheet growth and profitability while improving asset quality during the first half of 2017. Banking sector ... ( read original story ...)

UAE’s eight steps to avoid personal bank fraud

These tips were compiled as part of efforts by the UBF to raise banking security standards in the UAE and protect consumers from fraud and financial crime. This move is in response to an increase in incidents of financial fraud. Several reports have ... ( read original story ...)