… can now initiate the cash withdrawal from the Bank’s Mobile Banking App and the funds can then be withdrawn from any Emirates Islamic ATM without using a debit or credit card. Dubai: As part of it…
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No new taxes, fee hikes in UAE next year?
The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
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Revealed: the first banking solution to earn Emirates Skywards Miles
Emirates NBD and Emirates Skywards, the loyalty programme of Emirates and flydubai, launched the Emirates NBD Skywards Savings Account and Visa Debit Card, the UAE’s first banking solution to earn Sky…
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No fee hikes, new taxes in UAE
The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
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No fee hikes, new taxes in UAE for 2019
The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
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Money & Me: ‘My financial responsibilities as a single mum are huge’
My dad’s background is finance, a chief financial officer of advertising agencies … I did Arabella’s third birthday at Montgomerie Golf Club, Dubai. From that party I got three bookings, from people …
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Sharjah govt plans to invest about $517 mln in Invest Bank
DUBAI, Dec 26 (Reuters) – The Government of Sharjah in the United Arab Emirates will invest up to 1.9 billion dirhams ($517.32 million) in struggling Invest Bank, the lender said on Wednesday, disclos…
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Bank mergers only saving grace for UAE bourses and investors
Dubai: UAE traders have been milking alpha from a few banking stocks listed on UAE bourses as they face a wave of consolidation. First it was the merger between First Gulf Bank and National Abu …
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Emirates Institute for Banking and Financial Studies opens registrations for specialised programs for 2018-2019
Dubai, UAE – The Emirates Institute for Banking and Financial Studies (EIBFS) has announced that the registrations are now open for its specialised banking and finance focused training programs and co…
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Dubai Islamic Bank : District cooling firm Empower settles $728m loan and targets zero debt
Emirates Central Cooling Systems Corporation (Empower), a Dubai-based district cooling provider, paid loans totalling $728 million (Dh2.67 billion), enabling it to have zero debt by the end of the yea…
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Mideast Stocks: Global market woes hurt Gulf, merger talk sends Riyad Bank to 4-year high
reaching a four-year high after saying it was in merger talks with National Commercial Bank (NCB). The Dubai index was the sole gainer of the session, inching up on the back of rises in its banking sh…
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Proposed bank merger in Abu Dhabi could lead to 1,000 job cuts – report
… the combination of National Bank of Abu Dhabi and First Gulf Bank last year to create a lender with $175bn of assets. The UAE Banks Federation said in an annual report released in late August …
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United Arab Emirates reopens embassy in Syria
The United Arab Emirates reopened its embassy in Damascus on Thursday for the first time in seven years in a move intended to counter Iranian and Turkish influence in Syria. The decision by the UAE, w…
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UAE Ministry of Finance launches Sheikh Zayed e-book initiative at elementary schools
Ministry of Finance had created the e-book to celebrate the vision and the life of a great leader who played a pivotal role in building and developing the UAE. Dubai: The Ministry of Finance recently …
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Happy New Year: No fee hikes, new taxes in UAE
The UAE Ministry of Finance has affirmed that no new fees or additional taxes would be introduced in the coming years. The Ministry of Finance has also confirmed that the government plans to spend mor…
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Shares in GFH Financial continue rebound, analyst says “stock is oversold”
GFH was the most actively-traded stock on the Dubai market, as company’s shares rise for second day in a row Shares in GFH Financial Group rose for the second session in a row on the Dubai Financial M…
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Dubai’s penny stocks see mild traction
witnessed buying in the last hour of trade in Dubai, led by a Gulf Finance House (GFH) recovery after traders saw positive movement in US futures. GFH closed more than 5 per cent higher to end at …
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