Tag: hedge fund

FAB launches the Jaywan Debit Card under the UAE’s national card scheme, offering secure, convenient domestic payments backed by Al Etihad Payments and the Central Bank of the UAE …

The Bank’s early support with Jaywan and upcoming prepaid card rollout reflects CBD’s commitment to strengthening the UAE’s domestic payments …

Janata Bank faces potential closure of four UAE branches due to a 300 million dirham capital shortfall, as mandated by the UAE Central Bank.

FAB and CBD among the first lenders to start issuing the cards to consumers …

UAE-based Deep Finance Capital has launched as the first AI-native asset management company in the Dubai International Financial …

Built for the UAE, by the UAE, Jaywan is the UAE’s national card payment scheme, meaning it provides a homegrown option to internationally issued debit and prepaid cards …

According to the Central Bank of the UAE, failure to meet the capital requirement increases risks to customer deposits and could lead to the closure of the bank’s operations.

First Abu Dhabi Bank (FAB) has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with AA- or equivalent ratings and stable outlooks …

Dubai Islamic Bank PJSC (DFM:DIB) reports a 10% increase in gross revenues and improved asset quality, despite higher operating expenses and market-driven challenges.

CBD today announced the launch of UP by CBD, a mobile bank designed to help micro and small businesses set up their bank account and manage their finances. UP by CBD combines fast mobile account …

Symmetry Investments has received the regulatory approval to operate in Dubai, joining hedge fund peers who’re continuing to expand in the emirate despite the regional conflict.

Beijing linking its retail payment networks with Dubai is another step toward yuan internationalisation and reducing US dollar reliance.

UAE AI chip export controls shifted decisively on July 10 when the US Commerce Department elevated the UAE to Country Group A:5 — removing the license review barrier for G42, Nvidia Blackwell …

CBD launches UP by CBD mobile bank for UAE small businesses, offering instant digital account opening, business credit, zero-balance accounts, payroll and licensing integration with Dubai Unified Lice …

UP by CBD combines digital account opening with business banking services, including instant access to business credit cards, payroll solutions, transfers and savings products through a single mobile …

DFSA awarded US$143,000 in legal costs by Financial Markets Tribunal after Al Ramz Capital challenge, marking first recovery of the regulator’s internal legal costs in FMT proceedings …

Arizton’s recent research highlights that the UAE elevator and escalator market by new installations was valued at 4.55 thousand units in 2025 and is expected to reach 5.47 thousand units by 2031, …