United Bank for Africa Plc (DIFC Branch) will operate under the Category 4 license and will be regulated by the Dubai Financial Services Authority (DFSA), the financial regulatory agency of the …
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UAE Golden Visa: Investors can get long-term residency from real estate developers
Applicants must submit documentation, including proof of investment and passport details, to complete the process …
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UAE’s digital-only banks get ready to launch with the promise of lower fees
Or, more to the point, will the prospect of lower fees and click-to-access pull in UAE’s individuals and businesses to the new crop of standalone digital banks? The prospect of lower processing and …
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UAE President has set out clear direction for economic acceleration, say business leaders
The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, has set out a clear direction to achieve economic acceleration, according to leading business leaders in the UAE. During Sheikh …
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UAE to support global economic recovery from Covid repercussions
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, represented the UAE in the third G20 Finance Ministers and Central Bank Governors (FMCBG) meeting for 2022.
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UAE President has set clear direction for economic acceleration, say business leaders
The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, has set out a clear direction to achieve economic acceleration, according to leading business leaders in the UAE. During Sheikh …
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UAE Minister of State for Financial Affairs participates in third meeting for G20 Finance Ministers and Central Bank Governors
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, represented the UAE in the third G20 Finance Ministers and Central Bank Governors (FMCBG) meeting for 2022. The meeting, which was …
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Abu Dhabi bank ADIB push for faster growth is paying off
After considering the proposed dividend for 2021, ADIB has maintained a strong capital position, with a common equity Tier 1 ratio of 12.93 per cent and a capital adequacy ratio o …
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Where in the world are the Three Arrows Capital founders?
The location of Three Arrows Capital founders Su Zhu and Kyle Davies is unknown, according to the hedge fund liquidators’ lawyers. But crypto Twitter is on the case.
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UAE Banks Federation’s CEOs advisory council discusses local, global banking and financial developments
The CEOs council also deliberated on enhancing cyber security and following best practices to raise the safety and protection of digital baking infrastructure via, among other steps taken, cyber war …
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UAE best for expats in Gulf; takes 6th place in global survey
The UAE is the highest-ranking country in the Gulf region for expat living in the latest Expat Insider survey by InterNations. According to the Expat Insider 2022 survey results, Mexico (1st), …
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Fintech: Dubai looks at the financing technology of the future
Rising inflation and political uncertainties are destablizing the global economy. But one sector has fared better than others: financial technology or Fintech. Dubai is seizing the opporutnity to bank …
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Haidilao’s Overseas Hotpot Unit Files for IPO on HKEX Ahead of Debuts in UAE, Spain
The major hotpot chain acknowledged that the IPO plan involves risks. Haidilao has little or no experience in operating restaurants in the UAE and Spain so it may not be able to predict market changes …
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UAE: Central Bank launches campaign to enhance standards of payment transfers
The Central Bank of the UAE (CBUAE), in cooperation with the Ministry of Interior (MoI) and a number of law enforcement partners, has launched an awareness campaign aimed at enhancing community …
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UAE Central Bank launches campaign on remittances using registered Hawala providers
UAE banking regulator launches campaign for hawala providers registration system Dubai: The UAE Central Bank has launched a campaign to raise community awareness about laws and standards for …
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Middle East’s best bank for financing 2022: First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) is yet again the deserved winner of the award for the Middle East’s best bank for financing.
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Emiratis drawn to private sector by remote working rules, says bank chief
Flexible hours and remote working conditions will attract more young Emiratis to join the private sector, a senior banking executive said on Wednesday. Abdulla Qassem, group chief operating officer …
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