Dubai, Bank of America today announced that Khaled Darwish has joined the bank as head of Corporate Banking for Middle East and North Africa (MENA). Based in Dubai, Darwish reports to Richard King, …
Awqaf Dubai’s financial investment portfolio tops AED1.475 billion in market value in H1 2026
Dubai: The Endowment and Minors’ Trust Foundation in Dubai (Awqaf Dubai) delivered strong investment performance during the first half of 2026 (H1 2026), contin …
Why Dubai is becoming the world’s financial bunker in 2026
Dubai has emerged as 2026’s safest haven for capital. It’s a stable, tax-efficient “financial bunker” where hard-asset real estate is anchored by a permanent influx of global wealth and talent, making …
UAE Curbs Put Indian Banks’ Key NRI Dollar Deposit Pipeline Under Pressure
The UAE’s tighter rules for foreign bank representative offices could disrupt Indian lenders’ efforts to raise billions in Foreign Currency Non-Resident Bank (FCNR(B)) deposits from Gulf-based Indians …
FAB launches UAE’s Jaywan Debit Card
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 …
Commercial Bank of Dubai supports the UAE’s domestic card scheme Jaywan, Announces launch of Jaywan Prepaid Cards
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’s UAE branches face closure over Tk1,000 crore capital shortfall
Janata Bank faces potential closure of four UAE branches due to a 300 million dirham capital shortfall, as mandated by the UAE Central Bank.
UAE starts issuing Jaywan cards to banks and financial institutions
FAB and CBD among the first lenders to start issuing the cards to consumers …
Deep Finance Capital launches as DIFC’s first AI-native asset manager
UAE-based Deep Finance Capital has launched as the first AI-native asset management company in the Dubai International Financial …
UAE begins issuing Jaywan cards to banks, financial institutions, exchanges
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 …
Janata Bank branches in UAE at risk of closure over Tk1,000cr capital deficit
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’s AA- ratings affirmed by Moody’s, S&P and Fitch
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) Q2 2026 Earnings Call Highlights: Strong Revenue Growth Amid …
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.
Commercial Bank of Dubai launches UP By CBD
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 …
Hedge Fund Symmetry Gets Regulatory Nod to Operate in Dubai
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.
China and UAE cross-border QR payment link to boost the global yuan
Beijing linking its retail payment networks with Dubai is another step toward yuan internationalisation and reducing US dollar reliance.
UAE gets license-free Nvidia AI chips as Congress probes Trump crypto conflict
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 …