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Ajman Bank expands its footprint

09 Jul 2019

Business Bureau, Gulf Today Ajman Bank has announced the launch of its latest branch in Dalma Mall that boasts state-of-the-art design and cutting-edge digital banking and payment solutions. With it...

UAE Central Bank publishes Financial Stability Report for 2018

08 Jul 2019

The Central Bank of the UAE, CBUAE, has launched the recent edition of the UAE Financial Stability Report (FSR). The report provides relevant information, financial data, and stability assessments...

Noor Bank raises over Dhs500m for Azimut’s fixed maturity fund

07 Jul 2019

Business Bureau, Gulf Today Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, entered a successful collaboration with Azimut (DIFC) Limited to launch the largest US-dollar Islamic fixed...

OSPs deposit $7.5 billion in banks

07 Jul 2019

The National Assembly’s Standing Committee on Finance has showed dissatisfaction over the FBR’s performance to bring people into the tax system out of total 152,000 bank account details received from...

Bank of Japan ready to ramp up stimulus, seek policy options

06 Jul 2019

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if...

Turkey sacks central bank governor: Presidential decree

06 Jul 2019

Turkey has sacked the governor of its central bank and replaced him with his deputy, a presidential decree published in the official gazette said on Saturday. Murat Cetinkaya, who...

Bank of Canada to diverge from Fed’s easing path this year

05 Jul 2019

The Bank of Canada (BoC) will diverge from the US Federal Reserve’s expected policy easing path and keep interest rates on hold at least through this year, according to economists...

Australia’s central bank cuts interest rates for second time

02 Jul 2019

Australia’s central bank on Tuesday cut interest rates for the second time in as many months as it strives to revive a sluggish economy and reduce unemployment, a tough task...

Video: Rap song video on bank fraud in Dubai blows up the Internet

30 Jun 2019

A song about bank fraud has gone viral on social media. The music video, created by Dubai Police in collaboration with Emirates NBD, has a catchy rap tune that...

Pakistan signs $375 million syndicated loan with UAE banks

29 Jun 2019

Pakistan signed a $375 million syndicated loan with banks in the United Arab emirates in June made up of conventional and Islamic banking tranches, the Pakistani government said on...

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