May 15, 2013
One of the biggest names in UAE consumer banking said it lost Dh17.4m as a result of one of the biggest cyber heists to hit Middle East.
Read Article RakBank comes under fire from customers over cyber attack
May 14, 2013
Financial firms are being urged to amp up their fraud defences in the wake of a cyber attack in which $45m was stolen from RAKBank and BankMuscat. Read Article Fresh calls for tighter UAE banking regulations in wake of $45m cyber heist
May 10, 2013
Fraudsters have stolen US$45 million from RAKBank and BankMuscat in one of the biggest cyber heists ever to hit the Middle East. Read Article Eight charged in US over $45 million cyber crime on UAE and Oman banks
Mar 12, 2013
The UAE's banking industry has recommended that the Government establish specialised commercial courts for lawsuits by financial firms. Read Article UAE banks want special courts on complaints against customers
Feb 24, 2013
Senior executives at four of the UAE's biggest banks received double-digit rises in pay, according to financial statements. Read Article Top UAE bankers cashing in on recovery
Jan 21, 2013
RAKBank has become the latest lender to launch an Islamic banking unit, amid a flood of investment into the Sharia-compliant financial sector. Read Article RAKBank establishes Islamic unit
Jan 18, 2013
Smaller contractors and suppliers ought to find access to loans made easier as they compete for a slice of a Dh330 billion spending programme rolled out by the Abu Dhabi government this week. Read Article SMEs to gain better access to UAE lenders
Dec 06, 2012
Markets Update: Dubai stocks rose to a four-week high as banks and property firms made headway in early trading, buoyed by increases for emerging market stocks worldwide. Read Article Dubai shares rise as investors pile into emerging markets
Oct 29, 2012
The Life: Virtual banks and smartphone apps could mean that the days of the traditional, besuited branch manager are numbered. Read Article Noor Islamic Bank's new branch that fits in your smartphone
Oct 22, 2012
Markets Wrap: Saudi Telecom weighed on the kingdom's equity index yesterday after third-quarter results failed to match analyst expectations. Read Article Saudi Telecom drags Tadawul lower