Category: FINANCE

From July 25, 2025, UAE banks will start phasing out OTPs sent via SMS and email. Learn which banks are affected, what replaces OTPs, why it’s happening, and how to stay secure with app and biometric …

The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced the formation of a strategic joint venture, Unitey Business Services, aiming at supporting the Financial Infrastructure …

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Investments by banks operating in the UAE continued their upward trend, reaching Dhs774.3 billion by the end of April 2025. This marks a 16.2% annual …

In a landmark move to strengthen investor confidence and streamline insolvency proceedings, the United Arab Emirates has officially launched a dedicated Bankruptcy Court, signaling a major overhaul in …

The shift in digital banking security will begin on Friday July 25 and is being gradually rolled out by the Central Bank of the UAE. Instead of those OTP texts and emails you get sent prior to making …

Standard Chartered announced the launch of the first sustainable escrow and account bank solution, allowing clients to embed sustainability into their cash management strategies. The new solution …

Banks operating in the UAE recorded investment levels of AED 774.3 billion by the end of April 2025, according to data from the Central Bank of the United Arab Emirates (CBUAE). The figure represents …

The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced the formation of a joint venture, Unitey Business Services, to support the Financial Infrastructure Transformation …

UAE banks provided credit of around AED19 billion ($5 billion) in April and the loans benefited both the public and private sectors, according to the Gulf state’s central bank. The lenders in the …

Acquired by IQ-EQ on Wednesday, Gordion has assets under management of $17bn, with offices in Singapore, Hong Kong and Tokyo …

Investments by banks operating in the UAE continued their upward trend, reaching AED 774.3 billion by the end of April 2025. This marks a 16.2% annual increase compared to April 2024 and a 1.4% rise …

The United Arab Emirates will soon have a specialized Bankruptcy Court. It will be based in Abu Dhabi. The court will handle all bankruptcy-related disputes under the updated laws. This move aims to …

As UAE banks phase out SMS OTPs, experts urge vigilance around in-app banking security Dubai: With the UAE banking sector moving swiftly to eliminate SMS and email OTPs in favour of app-based …

Executive Centre India has filed for a ₹2,600 crore IPO, focusing on international expansion and acquisitions. The funds will support its Abu Dhabi subsidiary and acquire TEC SGP and TEC Dubai. The …

The inquiries are from potential clients from India and the UK, the US and Africa — even as far afield as Brazil. They’re all looking to set up family offices in Dubai and Abu Dhabi, the twin emirates …

The UK has been pushed into third spot on latest global fintech market size data for the first half of this year.