The bank has recently migrated certain functions to ‘The Temenos Banking Cloud’ platform to enhance the quality of services provided …
Dubai Islamic Bank resolves major issues after transitioning services to new platform, customers to receive delayed salaries
The bank has recently migrated certain functions to ‘The Temenos Banking Cloud’ platform to enhance the quality of services provided …
Salary delayed? Top UAE bank says issues related to payments ‘nearing resolution’
Dubai Islamic Bank (DIB) late on Thursday said “all the issues related to salary payments for some customers were nearing resolution” who were impacted due to a system upgrade. The lender said it …
UAE: Sharjah Islamic Bank successfully issues $500 million sukuk
The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion …
CEOs Consultative Council of UAE Banks Federation holds second meeting of 2024
Mohammed Omran Al Shamsi, Chairman of the CEOs Consultative Council, said, “The banking sector has witnessed many remarkable developments in the first half of this year that have strengthened the …
Dubai real estate: Property Market hits record-breaking sales transactions in May
Mortgage activity rebounds with a nearly 58% month-on-month increase, reaching the second-highest level of all time. Image: Shutterstock Dubai’s residential property market saw unprecedented activity …
UAE Pension Authority reports rise in payouts, beneficiary numbers for June 2023
Image: Shutterstock The UAE General Pension and Social Security Authority (GPSSA … whose files are managed by the GPSSA on behalf of the Ministry of Finance and in accordance with the pension law to …
UAE Pension Authority reports rise in payouts, beneficiary numbers for June 2023
Image: Shutterstock The UAE General Pension and Social Security Authority (GPSSA … whose files are managed by the GPSSA on behalf of the Ministry of Finance and in accordance with the pension law to …
CBUAE issues the Open Finance Regulation to ensure the soundness and efficiency of services and promote innovation and competitiveness
The Open Finance Framework facilitates LFIs to access and utilise consumer’s financial data to create personalised experiences and tailor offerings to consumers’ needs …
CBUAE issues the Open Finance Regulation to ensure the soundness and efficiency of services and promote innovation and competitiveness
The Open Finance Framework facilitates LFIs to access and utilise consumer’s financial data to create personalised experiences and tailor offerings to consumers’ needs …
Half of all emerging-market debt issued by core Islamic finance markets
GCC countries, Malaysia, Indonesia, and Turkiye are increasingly major emerging-market (EM) debt issuers, Fitch Ratings …
Ajman Bank accepts Jaywan Cards in UAE’s ATM network
Mustafa Al Khalfawi, CEO of Ajman Bank, said: “We are proud to be one of the first banks in the UAE to accept Jaywan cards on our ATMs. This initiative reflects our dedication to innovation and our …
Saudi Arabia leads Gulf bourses higher, Dubai falls
Dubai’s main index (.DFMGI) , opens new tab edged down 0.04%, pressured by a 0.7% drop in Emirates Central Cooling Systems Corporation (EMPOWER.DU) , opens new tab and 0.3% decline in top lender …
Emirates NBD and CARS24 collaborate to launch exclusive digital auto loan journey for customers in the UAE
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced its exclusive partnership with CARS24, …
DBS, Dubai’s Mashreq partner for same-day cross-border payments for retail clients
Demand for e-commerce transactions has increased across the globe, with global cross-border payment flows also projected to exceed $250 trillion by 2027 …
New UAE study calls for greater protection of coastal lagoons to secure long-term benefits for climate, biodiversity and economy
With funding from HSBC Bank Middle East, the project is a partnership between … The new study, titled “Coastal lagoons: essential ecosystems to scale up Nature-based Solutions in the UAE,” reveals …
UAE: Ministry Announces Closure Of 10-Year US Bond Offering Worth $1.5 Billion
The final allocation of the 10-year bonds by investor type was 56 per cent to fund managers, 40 per cent to banks and private banks, 1 percent to pension funds and insurance, 1 percent to central …