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Photo Galleries Thursday, Jan 02, 2014 Abu Dhabi: It will be optional for UAE residents to integrate their bank cards with national ID cards when such a system comes into effect, a top official told Gulf News on Thursday. It will not be mandatory at
The banking sector regulation in the UAE crossed a number of landmarks this year with new central bank initiatives and efforts from within the industry to introduce self regulation. The central bank initiated a number of regulatory initiatives this
LTVs will come down from 85% to 75% for first time expat buyers Thursday, December 26, 2013 The new UAE Central Bank mortgage regulations will come into effect from December 28, according to local bankers. "We have been told to start implementing the
At the meeting of the board of directors that took place the other day, the directors reviewed a list of some of the important projects currently being implemented and are expected to be completed during the next year. Development of these projects
A senior figure in the UAE's real estate industry says Dubai's successful bid to host Expo 2020 has had an immediate impact on the country's property sector...In fact, he said: "We felt the impact of the Expo 2020 win on the real estate sector from
Friday, December 13, 2013 A local Islamic bank is offering up to 90 per cent home loan to property buyers in the UAE, with the option of even getting finance for registration fee. "Never before offer! Enjoy up to 90% home finance plus have your
The key to hiring more Emiratis in the private sector is providing them with career paths and opportunities for growth, industry experts said on Thursday. The main reason why UAE nationals leave companies is because they're looking for career paths
Steve Crisp Bankers say no clue on when the new mortgage regulations will come into effect Home buyers can still borrow up to 85 per cent of the property value in the UAE, as the Central Bank's new mortgage regulations have not come into effect.
A decline in the rate of growth of non-performing loans combined with improved liquidity and surge in lending has helped most UAE banks to improve their profitability this year. Credit rating agency Moody's Investors Service recently upgraded the
The Central Bank of UAE has initiated a number of regulatory initiatives this year to protect the asset quality and balance sheet strength of UAE banks. As the bank regulator, our priority is to protect the health of the banking system in the country.