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THE ECONOMY - BANKS

FGB named Best Bank in the UAE for third year in a row and Best Bank in the Middle East

Posted on 02/06/2015

FGB has been named Best Bank in the UAE for the third year running and Best Bank in the Middle East at the 2015 Banker Middle East Industry Awards. The awards were recently presented to bank representatives during a ceremony at the Emirates Towers Hotel in Dubai. Organised by CPI Financial, the Banker Middle East Industry Awards recognise financial excellence throughout eight different countries in the region. Over 200 institutions from across the Middle East were amongst this year's nominees. ...  >>MORE

National Bank of Fujairah cements position as leading partner for businesses in UAE

Posted on 29/05/2015

National Bank of Fujairah, NBF, announced yesterday that it has won Best Commercial Bank UAE and Best Corporate Bank UAE at the 2015 Banker Middle East, BME, Industry Awards. This is the fourth consecutive year that the bank has retained the best domestic commercial bank title whilst securing the best local corporate bank award for the first time, further reinforcing its status as the leading bank for businesses across the UAE. Organised by CPI Financial, the annual BME Industry Awards is ...  >>MORE

RAKBANK acquires 79.23 percent of RAK Insurance

Posted on 29/05/2015

RAKBANK yesterday announced the acquisition of 79.23 percent stake in Ras Al Khaimah National Insurance Company P.S.C. (RAK Insurance) following the purchase of a total of 87,154,981 shares at Dh 3.64 per share through a tender offer. The acquisition enables RAKBANK to become the largest shareholder in the insurance provider and is in line with the Bank's strategy to become a broad-based financial services company, according to a press release of the bank. Mohammad Omran Alshamsi, RAKBANK ...  >>MORE

ADCB launches "Purely Business" web portal to support SMEs

Posted on 28/05/2015

Abu Dhabi Commercial Bank, ADCB, announced yesterday the launch of 'Purely Business', a web portal dedicated to supporting the small and medium-sized enterprise, SME, business community developing in the UAE. Purely Business is a support network that provides knowledge, solutions and resources to help ambitious people develop their commercial venture. Commenting on the launch, Martin Roussel, Head of Business Banking at ADCB, said, "ADCB has always sought to be a reliable partner to the SME ...  >>MORE

UAE Banks Federation appoints independent agency to monitor Code of Conduct compliance

Posted on 25/05/2015

The UAE Banks Federation, a professional representative body representing 50 member banks operating in the UAE, has approved the appointment of a new independent monitoring agency for the implementation of its Code of Conduct by member banks. This decision was among the issues discussed at the Federation's CEOs' Advisory Council meeting held in Dubai, and chaired by AbdulAziz Al Ghurair, Chairman of the UAE Banks Federation. The council agreed during the meeting to add four new specialised ...  >>MORE

NBAD launches new mobile banking solution

Posted on 21/05/2015

The National Bank of Abu Dhabi, NBAD, has launched a new state-of-the-art mobile banking solution for its customers in the UAE. The launch of NBAD's new mobile banking app is part of the bank's strategy to upgrade all its banking channels including branches, website, online banking and ATMs. Abdulla Al Otaiba, Senior Managing Director and Group Head of Global Retail and Commercial at NBAD, said, "We aim to build the largest, safest and best performing bank first in the UAE, and over time in ...  >>MORE

MoF announces its compliance to IMF’s Government Finance Statistics Manual 2014

Posted on 19/05/2015

The Ministry of Finance, MoF, has announced that it now fully complies with the International Monetary Fund's, IMF, 2014 Government Finance Statistics Manual. The move is a result of the work plan adopted by the Financial Policy Coordination Council and following negotiations with financial experts and specialists in federal and local governments within the UAE. The council's work plan pushes to adopt the latest international standards for financial data collection and promotes the principle ...  >>MORE

Emirates NBD launches first of its kind Dubai Economy Tracker

Posted on 13/05/2015

Dubai - Emirates NBD , a leading bank in the region, yesterday announced the launch of the Emirates NBD Dubai Economy Tracker, the first dedicated monthly survey of Dubai's economy. The tracker, compiled by Markit, is based on the methodology behind the Purchasing Managers' Index (PMI) series and provides an accurate and timely signal of the performance of Dubai's non-oil sectors including manufacturing, services, construction and retail. The new survey is launched in conjunction with the ...  >>MORE

Noor Bank named ‘Most Innovative’ Islamic Financial Institution by Global Finance Magazine

Posted on 07/05/2015

Noor Bank has been named as the ‘Most Innovative Institution' by the prestigious New York-headquartered Global Finance magazine in its 2015 awards of the World's Best Islamic Financial Institutions. Commenting on the win, Hussain Al Qemzi, CEO, Noor Bank said, "Noor Bank is honoured to win this title along with other top performing global Islamic financial institutions. This award is particularly significant in a year when the UAE celebrates innovation across all sectors of the economy. "As ...  >>MORE

ADIB records over 10 percent increase in profit during Q1 2015

Posted on 05/05/2015

Abu Dhabi Islamic Bank, ADIB, Group has posted a 10.1% increase in net profit for Q1 2015 to Dh450.8 million while increasing total assets by 9.8% to Dh114.1 billion against Q1 2014. According to a statement issued by the bank yesterday, the group also increased deposits by 13.8% to Dh87.6 billion and net customer financing assets grew 13.3% to Dh72.3 billion. The record first quarter financial performance was underpinned by the continued strength of the main banking business across all ...  >>MORE

NBAD launches WEC Africa and Asia Frontier Market Fund

Posted on 04/05/2015

The National Bank of Abu Dhabi, NBAD, has launched the West-East Corridor, WEC, Africa and Asia Frontier Market Fund, a foreign fund domiciled in Ireland that will offer investors attractive returns by investing in a diversified portfolio of Africa and Asia market equities. Alex Thursby, NBAD's Group Chief Executive Officer, said, "NBAD's WEC Africa and Asia Frontier Market Fund complements the bank's existing suite of investment product offerings. It is in line with NBAD's Global Asset ...  >>MORE

Sharjah Islamic Bank celebrates listing of Dh1.84 billion Sukuk on Nasdaq Dubai

Posted on 04/05/2015

Mohammed Abdulla, Chief Executive Officer of Sharjah Islamic Bank, rang the opening bell to celebrate the listing of an Dh1.84 billion (US$500 million) Sukuk on Nasdaq Dubai. The listing maintains Dubai's expansion as the global Capital of the Islamic Economy. Sukuk listings on the emirate's exchanges now total 28.96 billion US dollars. The bell-ringing took place in the presence of Essa Kazim, Governor of Dubai International Financial Centre, DIFC, Secretary General of Dubai Islamic Economy ...  >>MORE

NBF records 29.6 per cent increase in net profit inQ1 2015

Posted on 24/04/2015

The National Bank of Fujairah has recorded a 29.6 percent increase in its net profit of Dh149.5 million during the first quarter of 2015 compared to Dh115.3 million in the corresponding period of 2014. In a statement issued yesterday, the bank also noted the increase of operating profit by 24.3 percent to Dh188.3 million compared to Dh151.5 million in the corresponding period of 2014, and net impairment losses were Dh38.8 million compared to Dh36.2 million in the corresponding period of 2014. ...  >>MORE

ADCB reports first quarter 2015 net profit of Dh 1.249 billion

Posted on 22/04/2015

Abu Dhabi Commercial Bank PJSC (ADCB) yesterday reported its financial results for the first quarter of 2015 (Q1'15). Financial highlights Strong top and bottom line growth with a record return on equity and operating income for the quarter (Q1'15 vs. Q1'14) – Net profit up 13% to Dh 1.249 billion – Net profit attributable to equity shareholders up 31% to Dh 1.248 billion – Record quarterly operating income, up 15% to Dh 2.192 billion – Record quarterly net interest income and non-interest ...  >>MORE

ADCB announces Apple Watch App

Posted on 15/04/2015

Abu Dhabi Commercial Bank, ADCB, has announced the launch of its new ‘app' for the Apple Watch on 24th April, becoming one of the first UAE banks to deliver this innovation to their customers. The new ADCB Apple Watch ‘app' will enable customers to check their balances and view the details of their five most recent transactions on their bank accounts and credit cards, directly from their wrist. Abdul Shakeel Abdul Hameed, Head of Retail Banking at ADCB, said, "With technology at the centre of ...  >>MORE

NBAD wins prestigious awards from Banker Middle East

Posted on 12/04/2015

The National Bank of Abu Dhabi (NBAD), has won prestigious awards during the Banker Middle East UAE Products Awards 2015. NBAD received awards for Best Corporate Account, Best SME Foreign Exchange Service and Best SME Card categories. In addition, the Bank was awarded for Best Fixed Income Fund. "At NBAD, we recognise that SME is one of the fastest growing segments in the UAE economy and supporting it is a strategic goal for the government of the UAE and Abu Dhabi Vision 2030. We look to SME ...  >>MORE

NBF Capital raises Dh1 billion for Pacific Control Systems

Posted on 08/04/2015

NBF Capital Limited, a subsidiary of National Bank of Fujairah, has successfully raised Dh1 billion on behalf of Pacific Control Systems LLC. NBF Capital, regulated by the Dubai Financial Services Authority and a fully-owned subsidiary of NBF, acted as the exclusive financial advisor for the syndication. The deal was originally valued at Dh750 million but was oversubscribed by 33 percent, receiving Dh1 billion in total commitments. It was underwritten by NBF and Al Khalij Commercial Bank QSC. ...  >>MORE

UAE joins AIIB as prospective founding member

Posted on 06/04/2015

The United Arab Emirates has become a prospective founding member of the Asian Infrastructure Investment Bank, AIIB, an initiative proposed by Chinese President, Xi Jinping, and established at the Asia-Pacific Economic Cooperation Forum, held in Indonesia, in October 2013. AIIB will prioritise funding for infrastructure projects in Asia, whilst creating a new platform for regional and international cooperation to support developing Asian countries. The bank will focus energy and power, ...  >>MORE

NBAD ranks as the world’s number one bank for managing issuance of international Sukuk

Posted on 06/04/2015

The National Bank of Abu Dhabi, NBAD, has been ranked by Bloomberg and Dealogic as the world's number one bank for managing issuance of international Sukuk for the first quarter of 2015. During the period, NBAD managed around US$3.9 billion of international Sukuk issuance, which represented approximately 69% of the market by value. In the first three months of 2015, NBAD worked on four major deals. In addition to acting as Joint Structuring Agent and Joint Bookrunner on the UKEF-backed Sukuk ...  >>MORE

Commercial Bank of Dubai agrees to the acquisition of approx. Dh 3 billion corporate loans from RBS

Posted on 02/04/2015

Commercial Bank of Dubai yesterday announced it has agreed to acquire a corporate loan portfolio worth approx. Dh3 billion from Royal Bank of Scotland plc. (RBS) in the United Arab Emirates (UAE). The acquired portfolio consists of large UAE-based Corporates, all of whom are major contributors to the economy with excellent credit profiles. Following this acquisition, CBD plans to further develop its relationship with these Corporates, and grow the portfolio significantly. The transfer is ...  >>MORE

UAE Islamic banking sector is en route to achieve US$263 billion by 2019

Posted on 30/03/2015

The UAE is en route to achieve US$263 billion of Sharia-compliant assets by 2019, according to EY's World Islamic Banking Competitiveness, WIBC, report. The industry was estimated to be worth US$127 billion in 2014, thus making it the third largest Islamic banking market by value, after the Saudi Arabian and Malaysian markets. Ashar Nazim, Global Islamic Finance Leader at EY, says, "Islamic banks in the UAE, also known as participation banks, are eyeing revenue growth through experience-led ...  >>MORE

Emirates NBD ranked among top 25 Global Banks on Social Media

Posted on 26/03/2015

Emirates NBD has been ranked 25th among all banks active on social media in 2014 on a global scale. Compiled by the Financial Brand, a USA-based online publication focusing on branding issues and providing strategic analysis and insight on a range of critical brand-building tools, the ‘Power 100' is the only like-for-like ranking of banks' success rate in social media platforms. Additionally, the bank was ranked at 29 on the Top 100 banks on Twitter with over 41,000 followers, and 14 for most ...  >>MORE

Dubai gets into prepaid as DubaiCard launched at summit

Posted on 20/03/2015

A UAE-focussed prepaid card called ‘DubaiCard' was unveiled at the prepaid payment industry's leading forum, Prepaid Summit: Middle East, at Westin Dubai Mina Seyahi. Visa is on-board as the event sponsor. The initiative is a tripartite effort from newly-launched National Pay, together with two of the industry's leading companies, Atam, a market leader in kiosk-based solutions, and Tuxedo Money Solutions, an e-money solutions provider. The trio are calling DubaiCard ‘an unrivalled payment ...  >>MORE

Emirates Investment Bank publishes its second GCC Wealth Insight Report

Posted on 09/03/2015

Dubai-based Emirates Investment Bank ("EIBank"), a client-focused, independent private and investment banking boutique, on Sunday published its second "GCC Wealth Insight Report", which outlines the views of high net worth individuals ("HNWIs") across the Gulf on local and global economies as well as the main elements that define their investment and banking decisions. The GCC Wealth Insight Report 2015 is based on a survey of HNWIs from the United Arab Emirates, Qatar, Kuwait, Saudi Arabia, ...  >>MORE

Dubai Islamic Bank to distribute 40% cash dividend for 2014

Posted on 03/03/2015

Following the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced that the assembly has approved the distribution of a 40% cash dividend for 2014, a 60% increase from the previous year. The assembly also approved the bank's 2014 financial statements. For the 12 months ended December 31, 2014, DIB reported a net profit of Dh 2.8 billion, a significant increase of 63 per cent compared to Dh 1.70 billion in 2013. The assembly also reviewed the Fatwa and Sharia ...  >>MORE

Mashreq introduces UAE’s 1st "selfie" credit card

Posted on 27/02/2015

Mashreq have announced the launch of Portraits, the nation's very first ‘selfie' credit card. Offered initially on Mashreq's best-selling Platinum Elite credit card, Portraits is the next stage of evolution in the UAE credit cards market. Customers can now transfer self-taken photographs from their mobile phone to their credit card. Using Mashreq's unique online platform, customers can upload a picture and receive a credit card with the same photo on the front. It is also possible to add a ...  >>MORE

National banks’ assets up 10 per cent

Posted on 14/02/2015

Three national banks own more than 54 per cent of the total assets of national banks, according to an analysis conducted by Al Khaleej newspaper on the assets of national banks by the end of 2014. The analysis showed that the assets of national banks grew by 10 per cent to Dhs1.74 trillion by the end of last year compared with Dhs1.68 trillion in 2013. The total assets of three banks, National Bank of Abu Dhabi, Emirates NBD and First Gulf Bank stood at around Dhs901 billion, accounting for ...  >>MORE

Obaid bin Humaid Al Tayer: US Federal Reserve Bank representatives discuss cooperation

Posted on 10/02/2015

Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, yesterday discussed with representatives of the US Federal Reserve Bank, ways to enhance bilateral economic ties and the latest financial, economic and international developments in the financial markets as well as the future vision of exchange rates and interest. The parties discussed the international economic challenges which could affect the economic growth and the importance of adopting financial transparency principles. ...  >>MORE

UAE national appointed Deputy CEO of Emirates Money

Posted on 09/02/2015

= Emirates Money, a subsidiary of Emirates NBD, announced yesterday the appointment of Talal Al Mazrooei as Deputy CEO. Al Mazrooei, a UAE national who has been with Emirates NBD for over 10 years, was previously Head of the Retail Banking Sales at the bank. In his new role, Al Mazrooei will be responsible to further establish Emirates Money's standing as a leading consumer finance business in the UAE. Al Mazrooei's enriched experience within retail banking sales, combined with a thorough ...  >>MORE

UAE Banks Federation adopts Customer Charter

Posted on 08/02/2015

The UAE Banks Federation, a professional representative body representing 50 member banks operating in the UAE, has adopted a set of clear guidelines to provide bank customers in the UAE with the standards of service they can expect from their banks. The "Customer Charter" also contains details of the responsibilities that customers are expected to abide by to ensure that banks are able to provide them with secure and appropriate products and services. The Charter is the result of the work ...  >>MORE

NBAD expects boost for sukuk mandates

Posted on 07/02/2015

National Bank of Abu Dhabi (NBAD) expects to handle more international sukuk issuance for clients this year amid overall growth in the sector, according to the bank's global head of debt Andy Cairns. The UAE's largest lender by assets is one of the key players for issuance of Sharia-compliant financial instruments, or sukuk, to international markets. "I expect us to do more business in 2015 than in 2014. We were book-runner on 13 international sukuk last year, raising US$9.8 billion and ...  >>MORE

Emirates Investment Bank reports financial results for the full year 2014

Posted on 05/02/2015

ABU DHABI, 5th February, 2015 (WAM) -- Emirates Investment Bank (EIBank) yesterday announced its financial results for the fourth quarter and fiscal year ended 31 December 2014. Financial Highlights: Fiscal Year 2014 Net Profit up by 28% to Dh 46.23 million (FY 2013: Dh 36.23 million) Customer deposits increased by 78% to Dh 2.99 billion (FY 2013: Dh 1.67 billion) Total Assets under Management grew 81% to Dh 7.72 billion (FY 2013: Dh 4.27 billion) Balance sheet assets up by 26% on FY 2013 to ...  >>MORE

Abu Dhabi Police warn against bank account fraud via Internet

Posted on 01/02/2015

The Abu Dhabi Police warned against scam bank reports received by email, claiming suspicious money transfers to users' bank accounts, and the need to refer to the nearest police station. According to the police, such scams are designed to steal victims' savings, should they respond to those international gangs operating from abroad. Some of these reports contain malware or phishing scams to trick people in order to get information like their bank account numbers, and passwords, which they will ...  >>MORE

NBAD reports record Q4 and Full Year 2014 results

Posted on 29/01/2015

The National Bank of Abu Dhabi, NBAD, has reported net profits of Dh1.372 billion in Q4, 2014, marginally higher and up 28 percent year-over-year. For the full-year ended 31st December 2014, net profits were Dh5.579 billion, up 18 percent for the year. This represents diluted EPS of Dh1.12 for FY 2014 versus Dh0.95 for FY 2013. Year-over-year growth was driven primarily by strong fee income growth across all lines of business, solid loan growth, increases in deposits and CASA as a percent of ...  >>MORE

Abu Dhabi Commercial Bank reports full year 2014 net profit of over Dh4.2b

Posted on 26/01/2015

Abu Dhabi Commercial Bank PJSC (ADCB) reported a 16 percent jump in its fourth-quarter net profit to Dh4.201 billion on Sunday in its announcement of its financial results for the year ended 31 December 2014, subject to approval by the Central Bank of the UAE. Financial highlights (2014 vs. 2013) :: Record levels of net profit and operating income, sustainable profitability – Net profit up 16% to Dh 4.201 bn – Net profit attributable to equity shareholders up 20% to Dh 4.050 bn – Operating ...  >>MORE

Dubai Islamic Bank Group profit up by 63 percent

Posted on 26/01/2015

Dubai Islamic Bank, the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, yesterday announced its results for the year ended December 31st, 2014. The report says that Net Profit for the year 2014 increased to Dh2.80 billion, up 63% compared to Dh1.70 billion for 2013. Gross Revenue increased to Dh6.3 billion, up 20% from Dh5.3 billion for the year 2013. Net operating revenue increased to Dh5.6 billion, up 32% from Dh4.2 billion for 2013 on account of ...  >>MORE

Sharjah Islamic Bank announces 23 percent rise in net profits and proposes 10 percent cash dividend

Posted on 22/01/2015

Sharjah Islamic Bank has announced its 2014 results with net profits reaching Dh377.2 million, compared to 307.1 million achieved last year, a 23 percent growth rate. Total income increased to reach Dh1.16 billion compared to Dh921.2 million for the last year with an increase of 26 percent, and an increase on net operating income to reach Dh729.4 million compared to Dh534.0 million for the last year with an increase of 37 percent. Net customer facilities reached Dh14.5 billion rising by Dh2.0 ...  >>MORE

Emirates NBD announces 2014 results

Posted on 19/01/2015

Emirates NBD delivered a strong set of financial results with net profits up 58% to Dh5.1 billion in 2014. The strong operating performance was helped by all parts of the business delivering year-on-year revenue growth. These results have enabled the Board of Directors to recommend an increase in the 2014 dividend to 35 fils from 25 fils per share. Total Income for the year 2014 grew by 22% to Dh14.4 billion. Net interest income grew 17% to Dh9.5 billion as asset growth was focused on higher ...  >>MORE

Mashreq launches "sMiles" - the UAE’s first Anywhere, Anytime, Any Airline miles card

Posted on 13/01/2015

The UAE's leading banking institution, Mashreq, yesterday announced the launch of the Mashreq sMiles Credit Card – the first miles card in the UAE that allows customers to fly for free, instantly, with over 300 airlines including all domestic carriers of the UAE. The new card is set to change the rules of travel forever by offering customers the fastest, easiest and simplest way to earn free flights, hotel stays and holiday packages around the world. Designed specifically to meet the travel ...  >>MORE

FGB wins Best Bank Award and achieves benchmark status in CMM Trade Finance Tajara 2014

Posted on 08/01/2015

FGB, one of the leading banks in the UAE, finished 2014 with double honours from industry publication Cash Management Matters, CMM. It received recognition with the Best Bank Award for Trade Finance and Corporate Banking and benchmark status in the CMM Trade Finance Tajara Monitors 2014. FGB has been widely applauded for its strategy to become the "First Choice" Global Transaction Bank. At the core of this strategy is its commitment to increase market share in the Middle East, increase trade ...  >>MORE

FGB and LIC International to launch ‘first’ insurance co-branded credit card in the region

Posted on 01/01/2015

FGB, one of the leading banks in the UAE, and LIC International, a Joint Venture company of LIC of India, have announced plans to introduce the first co- branded credit card of its kind for their customers in the United Arab Emirates. This is the first time that a leading insurance company has entered into a strategic alliance with a leading local bank to create a unified payment solution that is associated with a unique loyalty offering for its customers. Insurance payments, persistency and ...  >>MORE

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Quick List

FGB named Best Bank in the UAE for third year in a row and Best Bank in the Middle East


National Bank of Fujairah cements position as leading partner for businesses in UAE


RAKBANK acquires 79.23 percent of RAK Insurance


ADCB launches "Purely Business" web portal to support SMEs


UAE Banks Federation appoints independent agency to monitor Code of Conduct compliance


NBAD launches new mobile banking solution


MoF announces its compliance to IMF’s Government Finance Statistics Manual 2014


Emirates NBD launches first of its kind Dubai Economy Tracker


Noor Bank named ‘Most Innovative’ Islamic Financial Institution by Global Finance Magazine


ADIB records over 10 percent increase in profit during Q1 2015


NBAD launches WEC Africa and Asia Frontier Market Fund


Sharjah Islamic Bank celebrates listing of Dh1.84 billion Sukuk on Nasdaq Dubai


NBF records 29.6 per cent increase in net profit inQ1 2015


ADCB reports first quarter 2015 net profit of Dh 1.249 billion


ADCB announces Apple Watch App


NBAD wins prestigious awards from Banker Middle East


NBF Capital raises Dh1 billion for Pacific Control Systems


UAE joins AIIB as prospective founding member


NBAD ranks as the world’s number one bank for managing issuance of international Sukuk


Commercial Bank of Dubai agrees to the acquisition of approx. Dh 3 billion corporate loans from RBS


UAE Islamic banking sector is en route to achieve US$263 billion by 2019


Emirates NBD ranked among top 25 Global Banks on Social Media


Dubai gets into prepaid as DubaiCard launched at summit


Emirates Investment Bank publishes its second GCC Wealth Insight Report


Dubai Islamic Bank to distribute 40% cash dividend for 2014


Mashreq introduces UAE’s 1st "selfie" credit card


National banks’ assets up 10 per cent


Obaid bin Humaid Al Tayer: US Federal Reserve Bank representatives discuss cooperation


UAE national appointed Deputy CEO of Emirates Money


UAE Banks Federation adopts Customer Charter


NBAD expects boost for sukuk mandates


Emirates Investment Bank reports financial results for the full year 2014


Abu Dhabi Police warn against bank account fraud via Internet


NBAD reports record Q4 and Full Year 2014 results


Abu Dhabi Commercial Bank reports full year 2014 net profit of over Dh4.2b


Dubai Islamic Bank Group profit up by 63 percent


Sharjah Islamic Bank announces 23 percent rise in net profits and proposes 10 percent cash dividend


Emirates NBD announces 2014 results


Mashreq launches "sMiles" - the UAE’s first Anywhere, Anytime, Any Airline miles card


FGB wins Best Bank Award and achieves benchmark status in CMM Trade Finance Tajara 2014


FGB and LIC International to launch ‘first’ insurance co-branded credit card in the region