Tag: finance

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.

The central bank’s total balance sheet stood at Dhs972.3bn, comprising Dhs449.1bn in current and deposit accounts …

Customers of UAE banks will no longer receive one-time passwords for online financial transactions through SMS and email starting on Friday, according to messages seen by The National. Instead of the …

The partnership forms part of Dubai Land Department’s strategy to enhance the competitiveness of the emirate’s real estate market and expand the investor base by creating opportunities for free zone …

Dubai investors purchasing fractional shares through Deed receive monthly rental income proportional to their ownership stake …

Under this partnership, DLD and Emirates NBD will collaborate on two forward-looking studies addressing procedural, and regulatory aspects …