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Tag: banking

Posted on 15/10/2025

Alec Holdings Rises in Dubai After $381 Million IPO

Dubai-based contractor Alec Holdings PJSC’s stock climbed on its first day of trading, signaling continued investor appetite for new listings in the emirate.

Posted on 15/10/2025

UAE: India’s RBI may allow Emirates NBD to take control of RBL Bank

Such a purchase would trigger a mandatory open offer for another 26 per cent from public shareholders, potentially giving Emirates NBD control with a 51 per cent stake …

Posted on 15/10/2025

Emirates Islamic continues commitment to UAE financial literacy goals by participating in Ministry of Education initiative

Bank’s participation in the second ‘Hello My School’ initiative reflects strong alignment with national priorities on education and financial inclusion …

Posted on 15/10/2025

Dubai’s Emirates NBD to Buy Majority Stake in RBL Bank in $3 Billion Deal

While the Mumbai-based lender has not confirmed the investment discussions, it stated that it “routinely explores opportunities aimed at enhancing shareholder value.” On Wednesday, RBL Bank’s shares …

Posted on 15/10/2025

Inside the Global Tokenization Race: From Dubai to Singapore to Malta

Governments and exchanges in Asia to Europe are heading a rat race to digitalize everything, including bonds and real estate.

Posted on 15/10/2025

One in four UAE residents unsure of financial future: HSBC survey

The survey, conducted by YouGov for HSBC, highlights that 25 per cent of UAE residents who envision life beyond the Emirates feel financially unprepared, with 28 per cent citing the complexity of …

Posted on 14/10/2025

Crypto.com receives preliminary payment license from UAE Central Bank

Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities …

Posted on 14/10/2025

UAE residents can now pay government fees in zero-interest instalments

UAE launches a zero-interest instalment plan allowing residents to pay government fees over 3–12 months via 10 local banks and Visa …

Posted on 14/10/2025

Nasdaq Dubai welcomes CNY 1bln bond listing by Emirates NBD, strengthening links with Asian markets

Issued under Emirates NBD’s USD 20 billion Euro Medium Term Note (EMTN) Programme, the 2.40% Notes are due in 2028 …

Posted on 14/10/2025

Pakistani-Founded Dubizzle Group Announces Dubai IPO, Eyes Global Expansion

The UAE’s digital classifieds powerhouse Dubizzle Group, founded by Pakistani siblings Imran, Haider and Zeeshan Ali Khan, has revealed plans to launch an …

Posted on 14/10/2025

Nasdaq Dubai welcomes $140mln bond listing by Emirates NBD

Nasdaq Dubai has welcomed the listing of a CNY 1 billion ($140 million) bond by Emirates NBD Bank, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region.

Posted on 14/10/2025

Dubai court slams BR Shetty’s ‘parade of lies’, asks him to pay Rs 408 crore to SBI

B.R. Shetty alleged that he did not sign a personal guarantee for a $50 million loan granted to NMC Healthcare in December 2018 and denied ever meeting the SBI’s then-UAE CEO Anathan Shenoy who witnes …

Posted on 14/10/2025

SAS partners with DIB to elevate financial crime risk management

Recognizing the rapid advancements in regulatory frameworks and the increasing complexity of financial crime, DIB is advancing to SAS Viya 4 – a cloud-native, AI-powered analytics platform running on …

Posted on 14/10/2025

UK money transfer operator Wise secures UAE approval

The Central Bank of the United Arab Emirates has granted money transfer service Wise regulatory approval to operate in the Gulf state. The London-based financial technology company specialises in …

Posted on 14/10/2025

Dubai debt deal: DIFC and Partners for Growth join forces to fund next generation tech companies

DIFC partners with Partners for Growth to provide structured growth debt to FinTech, HealthTech, and PropTech firms driving Dubai economy …

Posted on 14/10/2025

India’s RBL Bank gains on reports of Emirates NBD looking to buy stake

(Reuters) -Shares of Indian lender RBL Bank climbed more than 3% on Tuesday, hitting their highest level since January 2024, following media reports of talks with Dubai-based bank Emirates NBD for a …

Posted on 14/10/2025

Ajman Bank unveils Gen AI Avatar and the upcoming ‘Ajman Bank One’ digital platform at GITEX Global 2025

The launch took place during GITEX Global 2025, where Ajman Bank showcased its vision for a seamless, secure, and human-centered digital experience that redefines customer engagement …

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