GCC initial public offerings (IPOs) raised $931m in the first quarter of 2024, a 73% decrease compared to the same period in 2023, accordi …
UAE: MoF explores boosting cooperation with Saudi Arabia’s Government Expenditure and Projects Efficiency Authority
During the meeting, participants discussed how the MoF could share its experience in launching the Digital Procurement Platform, the framework agreements concluded, the diversity of service providers, …
UAE: Training, creating right environment for Emiratis responsibility of private firms, says official
Training and creating the right environment for Emiratis is the responsibility of the private sector companies, a senior official said on Monday.
ADCB rank first in banking, and second in UAE’s economic sector
Abu Dhabi Commercial Bank (ADCB) ranked as the top financial institution for customer experience excellence and the second across all sectors in the lat …
Sheikh Maktoum bin Mohammed appoints 4 new members to Dubai Financial Services Authority’s Board
The decision, issued by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai …
The future of cryptocurrency security in the UAE
The UAE has proactively implemented stringent regulations and initiatives to ensure a secure environment for digital finance.
ADCB tops list as best bank in UAE for customer experience: KPMG report
Abu Dhabi Commercial Bank ranked as the top financial institution for customer experience excellence. Image: Bloomberg Abu Dhabi Commercial Bank (ADCB) ranked as the top financial institution for …
ADIB Business Banking Division Unveils Geographical Expansion plan across the UAE
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announces its expansion plan to better serve its Business Banki …
Suspect impersonates bank employee and seizes Dhs97,000 in UAE
Al Ain Court of First Instance obligated suspects to return Dhs97,299 to the owner of a company and fined them Dhs10,000, after an anonymous person contacted the company claiming to be a bank employee …
Combined capital, reserves of UAE banks surpass $136bln
National banks accounted for around 86.5 per cent of the aggregate capital and reserves of UAE-based banks, logging a total of Dh433.7 billion at the end of February 2024, a YoY increase of 14.6 per …
ADCB ranks first in banking, second across UAE’s economic sectors
ADCB’s rise in the KPMG Customer Excellence rankings is a testament to its holistic approach to customer satisfaction …
Maktoum bin Mohammed issues decision appointing new members to Dubai Financial Services Authority’s Board of Directors
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre …
Commercial Bank Wins ‘Best Mobile Banking App’ And ‘Best Remittance Service’ Awards In Middle East
Commercial Bank, a leader in innovative digital banking solutions in Qatar, announced achieving two prestigious ME …
Combined capital, reserves of UAE banks surpass Dh500b
The combined capital and reserves of banks operating in the UAE surpassed the Dh500 billion mark at the end of February 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE …
Dan Morehead’s Hedge Fund Pantera Capital Says Largest Investment Can ‘Bring Crypto to the World’
Hedge fund Pantera Capital says one project, which is the firm’s “largest investment ever,” has an opportunity to bring crypto to the masses.
Dubai regulator DFSA posts 25% increase in licencing in 2023
Dubai financial regulator DFSA registered a 50 per cent year-on-year increase in licence applications across all business models.
NBK bags 6 prestigious banking excellence awards from MEED
The awards won by NBK during the annual ceremony organized by MEED in Dubai included: Best Retail Bank –Kuwait (NBK), Best Digital Bank –Kuwait (Weyay). The bank also received two awards for Best …