Interesting News & Facts

  • Credit Cards in UAE

       November 1, 2020     
    What are Credit Cards? Best Credit Card in Dubai UAE is issued by a company, usually a bank, to a consumer enabling the cardholder to pay for goods and services under an agreement between the consumer and the card-issuing company that the amount, plus other agreed charges, wi
  • Business loan through emirates loan

       November 1, 2020     
    First of all, we have to think about what is a permanent livelihood. The people who think Job is the permanent with due respect we disagree with that school of thought. If you are doing a job in the specific with god package. Only the specific time is the good period of your life. If we do not focus on the future. We must fail in the upcoming life. Every job has set some specific retirement age
  • "Most Innovative Card of the Year" CBD wins

       April 26, 2019     
    Most Innovative Card of the Year, this award wins the Commercial Bank of Dubai (CBD) in the Seamless Middle East Awards ceremony 2019. The Award was received by Dr.Bernd van Linder, chief executive officer, Amit Malhotra, general manager Personal Banking Group, and Sujai Raina, head of Cards and Payments. This Award was for the Signature Super Saver Credit Card which offers a 10% cash b
  • Emirates Islamic Q1 Profit surges 97%, highest ever growth

       April 20, 2019     
    Emirates Islamic on Wednesday reported ninety-seven according to cent year-on-yr. Growth in first-sector internet earnings due to growth in core commercial enterprise. It's miles the best-ever increase achieved by the bank considering the fact that its inception in 2004. In an assertion, the Islamic lender said internet profit rose to Dh411 million in January-March zone while internet e
  • CFO group to leave, Emirates NBD Q1 profit jumps 15% to Dh2.7 billion

       April 18, 2019     
    Dubai's largest financial institution Emirates NBD on Wednesday said its first-zone 2019 internet earnings grew 15 percentage 12 months-on-12 months to Dh2.7 billion, supported by means of growth in total profits and advanced margins. Total profits of Dh4.7 billion progressed 15 percent yr.-on-yr. because of the mortgage boom, an improvement in margins and better charge earnings.
  • The sale of 127.5 million shares confirms by the Emirates NBD

       April 15, 2019     
    In International Network common shares from its shareholders, Emirates NBD Bank has confirmed the sale of 127,474,500. The foundation investment at an offer price of 435 cents per share, the sale has been transferred out through a trivial listing of Network International's shares on the London Stock Exchange and to MasterCard. From the sale, the bank will get a total of GBP 554.
  • Dh1.12 billion deal, Sharjah takes over Invest Bank

       April 11, 2019     
    The Sharjah government has received a majority stake of fifty.07 in line with cent within the suffering invest bank for Dh1.12 billion and appointed a brand-new chairman. The financial institution's shareholders also handed a unique decision to boom the financial institution's proportion capital for all shareholders to be underwritten by the Sharjah government as much as a certain quant
  • In UAE you can do WhatsApp Banking

       April 9, 2019     
    UAE banks are persevering with to set the bar with regards to technology adoption in the vicinity, with a brand-new focus on providing patron offerings thru Social Media Apps. Dubai's biggest financial institution, Emirates NBD, and its Shariah-compliant unit, Emirates Islamic, have delivered 'WhatsApp Banking', which permits customers to test their account balances, the last 5 transact
  • More incorporation was seen in UAE lending division, Banking on mergers

       March 21, 2019     
    The UAE banking enterprise is nicely-capitalized and stands on stable pillars, however still requires consolidation to emerge stronger on this aggressive technology with the aid of merging smaller units with principal economic organizations, specialists say. They are saying. "price synergies, the desire to exploit economies of scale, diversify mortgage books and investment resources at
  • Debit Cards as Customer, don’t inform and apprise the Emirates ID, the banks of UAE dangle Credit

       March 21, 2019     
    Banks in UAE have started suspending credit and debit playing cards of a few clients who have not updated their Emirates identification information as in step with the commands of the UAE imperative financial institution. Main UAE banks which include ADCB, RAK bank, Emirates NBD and CBI, amongst others, had advised clients to replace their IDs to avoid suspension of banking services. Ar

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