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Tag: banking

Posted on 28/09/2025

HDFC Bank barred by Dubai Financial Services Authority from onboarding new clients or undertaking fresh biz

The DFSA prohibition does not apply to the continued servicing of the bank’s existing customers and onboarding clients who may have been previously offered services. The restrictions will remain until …

Posted on 28/09/2025

UAE: Islamic Treasury Sukuk auction for September attracts bids worth $1.39bln

This transaction is part of the T-Sukuk issuance programme for 2025, as published on the MoF’s official website …

Posted on 27/09/2025

Dubai regulator bars HDFC Bank’s DIFC branch from taking new clients

The DFSA is the independent regulator of financial services conducted in or from the DIFC, a purpose-built financial free zone in Dubai, UAE.

Posted on 27/09/2025

HDFC’s Dubai Branch Operations Barred By UAE Regulator From New Client Onboarding, Bank Responds

Dubai: The Dubai Financial Services Authority (DFSA) on Saturday banned HDFC Bank‘s Dubai branch from onboarding new customers, claimed media reports. The bank said that its Dubai International …

Posted on 27/09/2025

HDFC Bank’s Dubai Branch Hits Roadblock, Regulator Stops New Client Onboarding

HDFC Bank’s Dubai branch is under scrutiny. The Dubai Financial Services Authority has restricted HDFC Bank’s Dubai International Financial Centre from onboardi …

Posted on 27/09/2025

UAE regulator bars HDFC Bank from taking on new customers at its Dubai branch

HDFC Bank complies with DFSA order, halts new client onboarding at DIFC branch, no material impact on operations.

Posted on 27/09/2025

UAE regulator bars HDFC Bank from taking on new customers at its Dubai branch

HDFC Bank complies with DFSA order, halts new client onboarding at DIFC branch, no material impact on operations.

Posted on 27/09/2025

Dubai: HDFC Bank Faces DFSA Curbs, Barred From Accepting New Clients

HDFC Bank Limited has announced that its Dubai International Financial Centre (DIFC) branch is facing restrictions from the Dubai Financial Services Authority (DFSA). Effective September 26, the …

Posted on 27/09/2025

Dubai authority bars HDFC Bank’s DIFC branch from taking new clients

The Dubai Financial Services Authority (DFSA) has barred HDFC Bank’s Dubai International Financial Centre (DIFC) branch from onboarding new clients, following regulatory concerns flagged earlier this …

Posted on 27/09/2025

UAE Regulator Freezes HDFC Bank’s Dubai Branch from New Client Onboarding Amid Scrutiny

HDFC Bank’s branch in Dubai has been restricted by the Dubai Financial Services Authority from onboarding new clients due to concerns about customer onboarding practices. , Companies, Times Now …

Posted on 27/09/2025

Ethena Stablecoin Propels UAE’s Digital Finance Ambitions with $20M Investment

M2 Capital invests $20M in Ethena stablecoin, boosting UAE’s crypto infrastructure and bridging DeFi with traditional finance for institutional adoption.

Posted on 27/09/2025

HDFC Bank’s Dubai Branch Barred From Onboarding New Clients By DFSA

Decision Notice, dated 25 September 2025, restricts the branch from providing financial services from the branch.

Posted on 27/09/2025

AlHuda CIBE Announces the 7th Global Takaful & Re-Takaful Forum 2025 in Dubai, UAE

AlHuda Centre of Islamic Banking and Economics (CIBE) proudly announces the organization of the 7th Global Takaful & Re-Takaful Forum 2025, which will take place on October 21, 2025, at the Dusit …

Posted on 27/09/2025

UAE bourses rebound as energy and financial shares climb

Stock markets in the United Arab Emirates rebounded on Friday, with Dubai leading the recovery, driven by an increase in consumer staple and financial sector stocks.

Posted on 26/09/2025

Daman UAE IPO Fund opens to retail investors with Dh 1,000 minimum subscription

Daman Investments PSC announced that the Daman UAE IPO Fund has been restructured to accept retail investors with a minimum subscription of Dh 1,000, expanding access to IPO-linked opportunities in …

Posted on 26/09/2025

Hamdan bin Mohammed Honors Graduates of Dubai Financial Experts Program

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, attended …

Posted on 25/09/2025

A Dubai Mega-Mansion Furnished With Minotti, Hermès, and Loro Piana Lists for $72.2 Million

Offered with all its designer furnishings and artwork, Villa Capri in the Dubai Hills Estate spans 38,000 square feet.

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