KB Financial Group (Chairman Yang Jong-hee) announced on the 19th that it had dispatched an observation team to the ‘GITEX Global 2025’ event, held from the 13th to the 17th of last month at the Dubai …
UAE accelerates climate actions, water innovation at World Green Economy Summit 2025
Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs, participated in two Ministerial sessions at the World Green Economy Summit (WGES) 2025 in Dubai, …
UAE banks chase Turkey opportunity with multimillion-dollar loans
United Arab Emirates-based lenders are expanding in Turkey, channelling hundreds of millions of dollars into new corporate loans.In the past five months, Emirates NBD Bank PJSC …
Moro Hub, Dubai Financial Audit Authority sign MoU to strengthen collaboration in sustainable digital solutions
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has signed a strategic Memorandum of Understanding (MoU) with the Dubai Financial Audit …
CME Group Establishes Dubai Hub to Expand Middle East Derivatives Access
CME Group, the world’s largest derivatives marketplace, has opened a new office in the Dubai International Financial Centre (DIFC), marking its formal …
Dubai launches AI real estate tools, including rental heat map and digital sale service
Dubai unveiled new AI real estate tools at GITEX 2025, including a rental heat map and digital sale service, advancing smart property sector …
UAE concludes participation in Annual Meetings of the World Bank Group and International Monetary Fund in Washington
Ensuring fairer representation of emerging and developing markets in the governance of international institutions …
Dubai’s Emirates NBD to buy 60% stake in India’s RBL Bank for $3 billion
Middle Eastern bank Emirates NBD will buy a 60% stake in Indian private lender RBL Bank, according to an exchange notification. Emirates will invest 268.53 billion Indian rupees ($3.05 billion) in the …
Emirates NBD to acquire majority stake in RBL Bank through primary infusion of $3bn
RBL Bank will be able to capitalise on ENBD’s strong credit rating and its established relationships with companies, banks, and financial institutions across India. Conversely, ENBD would gain from …
UAE concludes participation in Annual Meetings of World Bank Group, IMF in Washington
The UAE has concluded its participation in the annual meetings of the World Bank Group and the International Monetary Fund, held in Washington, D.C., from 13th to 18th October, 2025. The country’s …
NBF and Yubi announce partnership at GITEX Global 2025 to accelerate digital trade and supply chain finance for UAE businesses
Collaboration advances NBF’s digital partnership strategy, powering a new supply chain financing platform and expanding seamless access to working capital …
UAE: ICP service fees can now be paid in instalments; 10 banks join initiative
Customers can apply for the easy payment plan by contacting their bank’s call centre or through other available service channels …
Wall Street Jr. Investments expands in Dubai to redefine wealth for the GCC
Wall Street Jr. Investments has announced the expansion of its wealth management operations in Dubai, driven by growing demand across the GCC for disciplined and transparent financial strategies. The …
Finshape supports DIB’s vision for modern Islamic banking
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 …
Dubai Land Department Launches Digital Property Sale Service
Freehold residential and commercial properties without mortgages and owned by one person can be sold entirely online with Emirates ID and UAE Pass.
Finshape announces strategic partnership with DIB to redefine digital islamic banking
Finshape, a leading company specializing in digital banking solutions, has announced a strategic partnership with DIB, the world’s first Islamic bank and the largest in the UAE. With this …
Dubai completes pilot settlements for crypto to fiat, AED stablecoins for government fees
Dubai’s Department of Finance (DoF) has successfully tested the settlement of crypto payments to fiat AED currency or AED stablecoins for its governmental service fees. The testing was done in …