UAE
Middle East | 7 Aug 12
confusion as uaes esca unveils funds rules
Asset managers in the United Arab Emirates said today that they were struggling to get clarity on new regulations covering investment funds that were unveiled at the end of July by the Emirati Security & Commodities Authority.
Middle East | 15 Jul 12
uae banks told to hold 10 liabilities in liquid
Banks in the United Arab Emirates have been told they must hold the equivalent of 10% of their liabilities in high quality liquid assets, such as cash, central bank certificates of deposit and UAE government bonds, beginning in January.
Middle East | 28 May 12
emirates nbd offers gold and luxury cars as
Emirates NBD, one of the leading banks in the UAE, has launched a campaign to encourage customers to save more and is offering 7kgs of gold and luxury cars as an incentive.
Middle East | 2 May 12
uae finance firms set up cross sector trade body
A group of leading financial institutions in the United Arab Emirates have formed a trade body, the first cross-sector association to be created for the industry in the country.
Middle East | 18 Apr 12
globaleye opens uae insurance employee bens
Dubai-headquartered wealth manager Globaleye has opened a general insurance and employee benefits division in the United Arab Emirates.