The Central Bank of the UAE on Wednesday lowered its key benchmark rate to 4.15 per cent. In a statement, the UAE Central Bank said that the base rates applicable to the overnight deposit facility has …
UAE: HSBC sets up shop in Dubai with region’s first wealth centre to court surge of wealthy clients
HSBC has opened its first wealth centre in Dubai, catering to high-net-worth clients in the UAE as the region becomes a global hub for wealth management. This strategic move is designed to support the …
MEBIS 2025 day one: From next-gen banking to AI transformation, leaders chart the future of finance
“Day One at MEBIS 2025 reflected both urgency and optimism,” said Shail Bisht, Regional Director at Expotrade, the organizer of MEBIS 2025. “From AI use cases to digital strategy, the discussions made …
QNB Group, Standard Chartered and DMZ Finance Launch Dubai International Financial Centre’s First Tokenized Money Market Fund
QNB Group , Standard Chartered and DMZ Finance jointly announced that the Dubai International Financial Centre’s (DIFC) first regulated tokenized money market fund, the QCD Money Market Fund (units in …
UBF commences preparations to host Sibos 2029 in Dubai
UAE Banks Federation (UBF) has commenced preparations to host to host Sibos 2029, the annual conference, exhibition, and networking event organised by the Society for Worldwide Interbank Financial …
UAE: Demand for upskilling for sustainability is growing in GCC, say experts
Demand for upskilling professionals is growing from the UAE and regional companies in the field of sustainability as organisations have to source talent from abroad, industry executives said at a …
PM launches Mashreq Digital Bank in Pakistan
AM …
UAE’s Emirates Islamic Bank prices $500mln 5-year sustainability-linked sukuk
Emirates Islamic Bank (EIB), rated A+ (stable) by Fitch, has priced its $500 million, long five-year benchmark Reg S senior unsecured sustainability-linked sukuk on par, with a 4.54% profit rate …
Mashreq announces commercial launch of full services digital retail bank in presence of Prime Minister of Pakistan
This marks the first full-scale international deployment of Mashreq’s award-winning digital banking platform outside the UAE and a pivotal milestone in Pakistan’s digital banking journey …
Steady momentum, strategic shifts: Inside EMEA’s sustainable finance landscape
In this interview with Gulf Business, Lina Abou Diab, EMEA Sustainable Fixed Income & Middle East Securities Lead at Bloomberg LP, breaks down the latest trends in sustainable finance.
MNT-Halan’s Halan UAE partners with lean technologies to expand credit access in the GCC
MNT-Halan operates in Turkey through Tam Finans, the country’s leading commercial finance company with a factoring license issued by the BRSA, owns Halan Microfinance Bank, a licensed microfinance …
HSBC targets UAE’s rising affluent class with region’s first wealth centre
HSBC has unveiled its first wealth centre in the Middle East, choosing Dubai as the location for the flagship facility as the bank sharpens its focus on the UAE’s rapidly expanding affluent and …
UAE’s M2 pivots to digital asset wealth management
M2 has partnerships with Sui, Ethena, Polygon, Haruko, FireBlocks, NiceHash, and FearsOff. The exchange’s advanced cybersecurity and enhanced operating model enables the provision of regulated custody …
HSBC cashes in on record HNWI influx to UAE with launch of first Middle East wealth centre
HSBC has been expanding similar wealth hubs in China, Hong Kong, the UK, and more to serve clients who need multi-jurisdictional banking and investment services …
HSBC sharpens focus on affluent segment with first Middle East wealth centre in the UAE
The investment in the wealth centre and development of tailored services aligns with HSBC’s enhanced focus on Asia & the Middle East, on segments where the bank’s international network provides a …
HSBC sharpens focus on affluent segment with first Middle East wealth centre in the UAE
The investment in the wealth centre and development of tailored services aligns with HSBC’s enhanced focus on Asia & the Middle East, on segments where the bank’s international network provides a …
Emirates Islamic announces strategic partnership with GJ Properties for The Biltmore Residences Dubai
Collaboration underscores the bank’s commitment to offering innovative solutions to support customers and the UAE’s thriving real estate sector …