First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender with more than $400 billion in assets, has moved a step closer to entering South Africa after ending a decade-long trademark …
Dubai mortgages: When can banks repossess homes for missed loan payments?
Process for falling behind on repayments, legal notice period, and whether you can get extra time before a forced sale explained …
Dubai homebuyers in 2026 turn to fixed-rate mortgages as banks tighten scrutiny
Dubai’s property market is usually discussed through prices, launches and transaction volumes. But in 2026, one of the most important shifts is happening inside the mortgage market. For buyers, the …
Middle East’s best bank 2023: Emirates NBD
Once again, Emirates NBD walks away with the award for the Middle East’s best bank. The Dubai bank posted net profit of $3.54 billion in the full year 2022, up 40% year on year, boosted by strong …
The $2.75 billion bridge: How Emirates NBD’s acquisition of RBL Bank anchors the…
The completion of Emirates NBD’s $2.75 billion acquisition of a 60% controlling stake in RBL Bank on June 18, 2026, marks a defining moment in India-UAE financial relations. Finalized in Mumbai, the …
Ajman Bank expands institutional presence with new corporate office in Dubai
The expansion supports Ajman Bank’s strategy of establishing a presence in the UAE’s key economic locations, enabling the Bank to deliver faster, more responsive services aligned with the evolving nee …
Commercial Bank of Dubai prices USD 550mln additional Tier 1 perpetual non-call 6-year capital securities
Commercial Bank of Dubai (CBD) has priced a USD 550 million Additional Tier 1 (AT1) perpetual non-call 6-year capital securities issuance at a fixed rate of 6.625%. The transaction forms part of CBD’s …
Find out more as UAE’s biggest bank targets another African country
After opening an office in Nigeria, UAE banking giant First Abu Dhabi Bank plans to expand into South Africa, targeting Africa’s biggest banking market.
UAE’s Emirati graduates can now apply to work at the World Bank for two years
Emirati graduates can now apply for a two-year placement with the World Bank Group, working from its offices around the world on live development projects. Applications opened on June 26 and close on …
Remitly Granted Stored Value Facilities License from the Central Bank of the UAE
Remitly Global, Inc. (NASDAQ: RELY) is among the first international remittance companies to secure a Stored Value Facilities (SVF) license with Exchange Business Category IV from the Central Bank of …
Dubai Chambers signs MoU with Wio Bank to provide alternative banking services for SMEs
By simplifying access to digital banking and financing, we are empowering SMEs to unlock their full potential and contribute to Dubai’s dynamic economy” …
Dubai Chambers teams up with Wio Bank for faster business banking
Through the collaboration, members of Dubai Chamber of Commerce will benefit from a simplified digital account opening process with Wio Bank, alongside improved access to credit solutions …
Dubai’s Biggest Bank Is Letting AI Startups Loose on Its Systems, and That’s Actually Good News
Enterprise’ partnership in Dubai that plugs AI and FinTech startups directly into the bank’s systems, targeting …
Azentio launches UAE E-Invoicing solution with pre-approved ASP status and AI-powered ERP capabilities
Available within Azentio ERP, the solution helps UAE businesses prepare for the Federal Tax Authority’s E-Invoicing mandate, effective January 2027 …
Dubai’s millionaire boom accelerates as Gulf tensions drive rich to seek backup bases
Currency swings, oil volatility and a renewed focus on long-term wealth planning are changing how affluent families assess the Gulf’s major financial hubs …
Commercial Bank of Dubai upsizes and prices $550mln AT1
The UAE-based Commercial Bank of Dubai relaunched its benchmark-sized AT1 capital securities, upsizing it to $550 million from the previous launch size of $500 million, while pricing it at par with a …
Dubai Taxi Company completes $395m National Taxi acquisition to become UAE’s largest taxi operator
Dubai Taxi Company completes its $394.8m acquisition of National Taxi, creating the UAE’s largest taxi operator with more than 9,500 vehicles …