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Emirates NBD reports Dh2b net profit for Q1

Web Report Emirates NBD on Monday declared a 24 per cent year-on-year decline in net profit for the first quarter of 2020 due to higher...

NMC Health: Criminal cases filed against BR Shetty, Prasanth Manghat

Web Report Abu Dhabi Commercial Bank (ADCB) has filed a criminal complaint against NMC Health, alleging "fraud and forgery" against six people, including its founder...

UAE relief measures to ease coronavirus impact on economy

Staff Report The UAE government and the Central Bank of the UAE have announced a number of stimulus packages during the last couple of weeks...

Coronavirus: UAE banks offer relief on loan, credit cards

Web Report The UAE's five major banks - Emirates NBD, Dubai Islamic Bank, Mashreq Bank, Emirates Islamic and Commercial Bank of Dubai - have rolled...

Saudi Arabia’s Aramco signals start of its IPO

Web Report Saudi Arabia's state oil company kick-started its initial public offering (IPO) on Sunday, November 3, announcing its intention to list on the domestic...

UAE Central Bank announces ‘fee cap’ on credit cards, home loans

Staff Report The UAE Central Bank (CBUAE) announces that it has published an Amendment to 'Annexure 2' of the Regulations Regarding Bank Loans & Services...
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