By Federico Maccioni, Vallari Srivastava and Mohamed Ezz DUBAI/CAIRO, Sept 22 (Reuters) – National Bank of Egypt has stepped in to acquire Banque Misr’s branches in the United Arab Emirates, the two …
Ministry of Finance announces 5.06% profit rate for second sovereign retail T-Sukuk; subscriptions open September 23
UAE Ministry of Finance announces 5.06% annual profit rate for second Sovereign Retail T-Sukuk, open for subscription Sep 23–28, 2026 with Dh1,000 minimum, listing on Nasdaq Dubai Oct 1, 2026 …
UAE opens second retail T-Sukuk issue at 5.06% annual profit rate
The UAE Ministry of Finance on Tuesday set the annual profit rate for the second issuance of its Sovereign Retail T-Sukuk programme at 5.06 per cent and will open subscriptions to retail investors on …
PhonePe Clears First Regulatory Hurdle In UAE With In-Principle Nod From Central Bank
Digital payments firm PhonePe said on Tuesday (22 September) that the UAE central bank has granted it in-principle approval for two licences spanning …
National Bank of Egypt to take over Banque Misr’s UAE branches: Statement
The acquisition comes after the UAE central bank issued preliminary approval for a request by the National Bank of Egypt …
PhonePe gets UAE Central Bank nod for two payment licenses
Following the final approval, PhonePe plans to work with regional banks, licensed payment service providers and local technology companies as it builds its payments ecosystem in the UAE.
IPO-Bound PhonePe Secures In-Principle Nod For UAE Payments Business
PhonePe has received in-principle approval from the Central Bank of the UAE for two payment licences, taking it closer to launching commercial operations in the country. The UAE could become PhonePe’s …
PhonePe secures UAE central bank in-principle approval for payments licences
PhonePe, which launched its digital payments app in India in 2016, said it had more than 720 million life-to-date registered users as of August 2026 …
PhonePe gets initial UAE central bank nod for payment licenses
PhonePe receives preliminary approval from UAE central bank for payment licenses, paving the way for local operations.
UAE poised for swift economic rebound despite challenging environment
Strong fundamentals, diversified growth drivers and policy support are expected to help the UAE recover more quickly than its regional peers despite ongoing geopolitical and trade disruptions …
PhonePe marks first international footprint in UAE, securing in-Principle Approval from Central Bank of UAE
PhonePe, India’s leading digital payments platform, has achieved a key milestone in its international expansion journey by securing In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) …
PhonePe secures initial UAE central bank approval for RPSCS SVF
PhonePe has received in-principle approval from the Central Bank of the UAE for Retail Payment Services and Stored Value Facilities, marking its first international market entry.
Global Brand Awards set for 2026 Dubai ceremony after evaluating 18,000 companies
Global Brand Awards will hold its 2026 ceremony on 2 October 2026 at Address Sky View in Dubai, bringing together recipients and participating organisations.
Alvarez & Marsal releases Q2 2026 UAE Banking Pulse
NIM declined marginally by 3bps QoQ to 2.34%, while RoE increased to 18.9% and ROA remained stable at 2.0% …
MEBIS 2026 concludes in Dubai as AI takes centre stage across the future of banking
Across two days of keynotes, fireside conversations and panel discussions, the conversation had clearly progressed beyond whether banks should adopt …
Who is Abdulrahman Al Saleh, Dubai’s newly appointed Acting Director General of the Ruler’s Court?
Discover who Abdulrahman Al Saleh is as Sheikh Hamdan appoints him Acting Director General of Dubai Ruler’s Court, highlighting his role as Dubai Finance chief since 2009 and key board positions acros …
Indian consulate in Dubai to offer free legal advice on cybercrime, banking fraud
For Indians in the UAE dealing with a cybercrime complaint, a banking fraud or concerns over the misuse of their Emirates ID, knowing where to turn for legal guidance can be difficult. But on Monday, …