This MOU will enable Dubai Finance Department to utilize the Central Bank’s advanced financial infrastructure to issue dirham denominated government bonds and complementing efforts in developing the c …
Surge in Q2 bank lending signals robust UAE economic growth
The UAE banking sector has continued to power ahead, reporting strong credit growth, solid profitability and improved efficiency in the second quarter of 2025 — a performance that underscores the …
NBF celebrates winners of Business Banking FX Campaign
The campaign was designed to recognise and celebrate clients’ ongoing engagement with NBF’s FX products and advisory services …
UAE to launch electronic invoicing system in July 2026 with phased rollout to 2027
The UAE Ministry of Finance confirms phased implementation of its electronic invoicing system, starting with a pilot on July 1, 2026 …
HDFC Bank’s DIFC branch restricted from onboarding new clients
Dubai Financial Services Authority raised concerns regarding the branch’s practices in offering financial services to customers.
Alvarez & Marsal releases Q2 2025 UAE Banking Pulse
Lending momentum continues with 5.0% quarter-on-quarter (QoQ) growth in net loans, while deposit growth slows to 2.8% …
eToro partners with Lean to provide instant AED bank transfers to UAE customers
This eliminates tedious steps like filling in card details and switching between apps, reducing unnecessary friction and the risk of manual error, significantly streamlining the funding process …
UAE Imposes Tough Penalties to Combat Financial Crime
The UAE’s Financial Intelligence Unit has increased its output of actionable intelligence cases intended for legal action by a staggering 339%.
Tickmill partners with Mashreq Bank
By integrating this new payment method, Tickmill strengthens its dedication to offering flexible and client-centric solutions that prioritize both speed and security. With Mashreq Bank’s strong …
UAE and Chad Seek Closer Financial Sector Ties in High-Level Talks in Dubai
UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini received Chad’s Minister of Finance, Budget, Economy, Planning and International …
UAE banking sector sets global model in AI-driven digital banking security
The UAE banking sector has emerged as a global leader in digital banking security. In addition to rolling out digital channels for customer services, UAE banks have invested heavily in data platforms, …
UAE: Dubai watchdog restricts HDFC Bank branch from offering financial services to new customers
Dubai’s financial regulator has barred HDFC Bank’s Dubai International Financial Centre office from onboarding new clients or promoting financial services due to concerns over onboarding practices.
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 …
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 …
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.
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 …
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 …