United Arab Bank of Sharjah appoints interim CEO
Thomas Matthew Alexander joins as interim CEO after the former executive quit...
Tag : UAE banking
Wizz Financial received green light from central bank for UAE exchange acquisition
UAE Exchange engages in money transfer, foreign exchange and payment services...
National Bank of Fujairah launches electronic trading platform NBFX
NBFX is available for both conventional and Shariah-compliant banking customers...
UAE banks’ assets increase by 7.6% y-o-y in September-end
When compared quarterly, assets increased by 2 percent to reach Dh3.253 tn...
Abu Dhabi Islamic Bank launches third-gen eDirham cards
The cards are being launched in partnership with the Ministry of Finance...
RAKBANK to close 25% of its branches across UAE
The bank will close a total of 9 branches...
Abu Dhabi Commercial Bank to let go 400 employees
The bank decides to cut costs amid lower oil prices and the Covid-19 crisis...
UAE central bank to introduce a new overnight deposit facility
The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis...