UAE banks have suspended customers that failed to comply with a Central Bank of the UAE directive to submit their Emirates ID. Emirates NBD and Commercial Bank International confirmed on Wednesday …
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UAE- Banking sector set to accelerate digital transformation in 2019
DUBAI, 20th March, 2019 (WAM) — From meeting capital requirements to the rise of ecosystem-led business models and the emergence of new devices, channels and technologies, the global banking …
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New ATM set up for visually challenged people in UAE
Crown Prince of Dubai and Chairman of the Dubai Executive Council, aiming to make the emirate a ‘completely friendly place’ for people of determination by 2020. Mohammed Abdullah, CEO of Sharjah …
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CIS Islamic Banking and Finance Forum to be Held in Tashkent- Uzbekistan
Dubai: CIS Islamic Banking and Finance Forum will convene in Tashkent – Uzbekistan on 2 nd May, 2019 to explore and discuss innovative financial inclusion strategies that can create clear pathways to …
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‘UAE fintech sector is a gold mine’
The summit was supported by The Bahrain Economic Development Board, Expo 2020 Dubai, Newgen Software Technologies, OneSpan, Comviva and Daon, will focus on Financial Innovations, Digital …
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ATM launched for people of determination in Dubai
in Dubai has inaugurated an automated teller machine (ATM) for people of determination to enjoy banking services. Maj Gen Mohammad Ahmad Al Merri, Director General of the GDRFA Dubai, witnessed …
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Swedish crowdfunding firm launches operations in Dubai
FundedByMe, a global crowdfunding website that allows companies to raise funds by selling equity, trough equity crowdfunding, has launched operations in Dubai International Financial Centre (DIFC) …
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Finnovex ME to focus on disruptive innovations in banking and finance sectors
The Middle East edition of Finnovex 2019 is supported by The Bahrain Economic Development Board, Expo 2020 Dubai, Newgen Software Technologies, OneSpan, Comviva and Daon, will focus on Financial …
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UAE- Refinitiv MENA Regulatory Summit Debates Impacts of Global Regulatory Change
… of respondents have fallen victim to financial crime in the past five years, while 87% expect their technology to develop over the next two years Dubai, UAE, March 19, 2019:Refinitiv held …
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Afghanistan- UAE, Azerbaijan ready to buy Afghan products: Ghani
UAE Crown Prince Sheikh Mohamed bin Zayed Al … sector by international companies was important and the Ministry of Finance would work on the issue.
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Banking shares see aggressive buying on government move
Dubai: Swing traders were aggressively buying banking shares in the UAE for a second day on Monday as the government decided to consolidate debts that its citizens owed to the government. Traded value …
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Emirates Islamic named most innovative Islamic bank
Emirates Islamic, the leading Islamic financial institution in the UAE, was recently awarded ‘Most Innovative Islamic Bank’ by Islamic Finance News at a ceremony held in Dubai. The Islamic Finance …
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Top UAE Bankers Affirm Continued Support For Debt Settlement Bank Initiative
Top UAE bankers have affirmed their continued cooperation with the Debt Settlement Fund Initiative, aimed at easing debt burden for UAE nationals and ensuring decent life and familial stability in the …
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UAE banks’ net interest margins expected to remain under pressure
In its UAE Banking Pulse report, the professional services firm stated that NIMs for the UAE’s biggest banks dropped by six basis points quarter-on-quarter, from 2.58 percent in Q3 2018 to 2.52 …
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NBAD – National Bank of Abu Dhabi UAE Trading Fund
National Bank of Abu Dhabi UAE Trading Fund is an open-end fund incorporated in the United Arab Emirates. The Fund aims to provide attractive returns over the medium term, while reducing directional …
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NBAD – National Bank of Abu Dhabi UAE Growth Fund
National Bank of Abu Dhabi UAE Growth Fund is an open-end fund incorporated in the United Arab Emirates. The Fund’s objective is to achieve capital growth. The Fund invests in a balanced portfolio, …
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Here’s Why Consolidation Is Required in UAE’s Banking Sector
The UAE banking industry is well-capitalised and stands on solid pillars, but still requires consolidation to emerge stronger in this competitive era by merging smaller units with major financial …
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