The central bank of the United Arab Emirates (UAE) has largely prohibited Iran’s biggest state financial institution, Bank Melli, from doing business in the Gulf state. The bank may no longer process …
UAE allows Central Bank-licensed financial institutions to enter virtual asset market
The United Arab Emirates has opened the door for almost all financial institutions licensed by the Central Bank of the UAE (CBUAE) to enter the virtual assets market under a new regulatory resolution.
Bank al Etihad Enters the UAE Market Through Strategic Partnership with Ethmar International Holding
Bank al Etihad, one of Jordan’s largest banks, has announced its entry into the United Arab Emirates through a strategic partnership with Ethmar International Holding (EIH), a leading Abu Dhabi-based …
Pelican AI Advances Deployment of AI-Powered Trade-Based Money Laundering Solution with Leading UAE Financial Institution
Advanced AI-driven module expands Pelican AI’s established relationship with one of the Middle East’s largest banksToronto, Ontario–(Newsfile Corp. -) – Pelican AI (CSE: PEL) (“Pelican” or the …
UAE central bank imposes strict sanctions on Bank Melli Iran branches
The UAE’s central bank has prohibited Iran’s Bank Melli from conducting operations in the country. This decision follows the UAE’s suspension of trade and financial transactions with Iran in August.
UAE central bank sanctions local branches of Iran’s Bank Melli
Announcement accuses Iranian bank of violating local laws, including those against terror financing, in latest move against Islamic Republic by historical economic lifeline …
UAE regulatory, financial ecosystem boosts global appeal
DUBAI, 23rd September, 2026 (WAM) — Executives from global trading firms said the UAE’s regulatory and financial environment, advanced infrastructure and strategic location are strengthening its …
National Bank of Egypt to take over Banque Misr’s UAE network
The lenders reached an “agreement in principle” to restructure their UAE presence, subject to the country’s rules.
Dubai real estate company to invest $86 million in Italy
Huspy, an AI real estate company that was founded in Dubai, has announced a mega investment in Italy, as it continues to expand its presence across the Middle East and Europe. The company is planning …
Gulf IPO Draught Pushes Baker McKenzie, Akin and Rivals to Diversify Capital Markets Work
Saudi Arabia’s Tadawul has hosted just two main-market listings so far this year, while Dubai and Abu Dhabi have yet to see a single flotation. Kuwait, Bahrain and Oman have managed one apiece.
PhonePe secures UAE central bank approval for two payment licences
New Delhi, Sep 22 (PTI) Fintech major PhonePe on Tuesday announced that it has secured in-principle approval from the Central Bank of the UAE for two key operating licences, marking its first internat …
UAE offers residents 5.06% government-backed investment from $272 — how to apply
UAE nationals and residents can invest from AED1,000 ($272) in the new five-year Sovereign Retail T-Sukuk offering a 5.06 per cent annual profit rate …
Egypt’s NBE gains preliminary approval to acquire Banque Misr’s UAE operations
DUBAI, Sept 22 (Reuters) – The United Arab Emirates central bank has issued preliminary approval for National Bank of Egypt’s request to acquire Banque Misr’s branches in the Gulf country, the two …
Egypt’s NBE steps in to buy Banque Misr’s UAE operations after sanctions threat
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 …