DUBAI / WAM Emirates NBD announced it is the first bank in UAE to process loan or card applications utilising Al Etihad Credit Bureau Consumer Retail Banking Score. The AECB Consumer Retail Credit Bureau Score is the first scoring system for UAE’s retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad …

  Dubai / WAM Merger and acquisition (M&A) activity in the Middle East and North Africa (MENA) declined in the first quarter of 2017 recording 84 deals, compared to 115 deals in Q1 of 2016, according to the Q1 2017 M&A report from global professional services firm EY. However, the report shows that MENA deal values remained broadly stable reaching …

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, witnessed on Monday the launch of Miral’s AED12 billion master development plan to transform the southern end of Yas Island in Abu Dhabi. His Highness welcomed Miral’s delegation today at the Sea Palace Abu …