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Financial News


Islamic bank's new war on money laundering
Dubai Islamic Bank (DIB) on Sunday announced it has signed a deal to buy new software to help it crack down on money laundering. .... more

Women jailed for 'indecent acts' on Dubai beach
Two foreign women have been jailed for a month for kissing and fondling each other and engaging in "indecent acts" on a public beach in Dubai, media reported on Sunday. .... more

Motorists 'disappointed' at pumping own petrol - ENOC
The response of Dubai motorists towards pumping their own petrol has been “mixed”, a spokesperson for energy group ENOC admitted on Sunday..... more

Air Arabia plans Nairobi route
Air Arabia said in a statement it will launch service to Nairobi, Kenya, beginning October 26, 2008.... more

DIB announces purchase of anti-money laundering system
Dubai Islamic Bank (DIB) today announced the purchase of an integrated anti-money laundering and compliance solution from Norkom Technologies,.... more