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Tag: hedge fund

Posted on 28/08/2026

US targets Egypt’s Banque Misr in UAE over Iran support, moves to cut bank off from US system

The United States has moved to cut the UAE branches of Egyptian bank Banque Misr off from the US financial system, accusing the bank of …

Posted on 28/08/2026

US Treasury slaps restriction on Egyptian bank in UAE over Iran trade

The US has fired a significant warning shot at banks in the United Arab Emirates transacting with Iran by imposing restraints on the UAE operations of Egypt’s Banque Misr, even …

Posted on 28/08/2026

US moves to cut Banque Misr’s UAE arm off from dollar system over alleged Iran links

US authorities say Banque Misr UAE processed about $1.8 billion for companies potentially tied to Iranian shadow-banking networks. The proposed restrictions aren’t yet in force.

Posted on 28/08/2026

US Treasury targets Banque Misr’s UAE operations in fresh move to cut Iran’s financial lifelines

The US Treasury has proposed restricting Banque Misr UAE’s access to the US financial system, accusing the bank of processing about $1.8 billion in transactions involving companies potentially linked …

Posted on 28/08/2026

Dubai real estate transactions hit AED 12 billion in a week

Dubai real estate transactions hit AED 12B in a week with 3,657 deals, led by Burj Khalifa and strong off-plan and ready property sales …

Posted on 28/08/2026

UAE Royal Family Invests in Trump-Linked World Liberty Trust Company Amid OCC Approval

UAE royal Sheikh Tahnoon holds 49% of World Liberty Financial’s trust bank holding company, which received conditional OCC approval for USD1 stablecoin operations.

Posted on 27/08/2026

Abu Dhabi Islamic Bank, Marriott Bonvoy, and Visa launch co-branded cards offering elite travel and lifestyle benefits

The launch of the Marriott Bonvoy ADIB Co-branded Cards combines ADIB’s expertise in Sharia-compliant banking with Marriott Bonvoy’s global reach …

Posted on 27/08/2026

Dubai Finance, Digital Dubai enable Jaywan on DubaiPay

DUBAI, 26th August, 2026 (WAM) — Dubai Finance (DOF) and Digital Dubai (DDA) have announced the activation of Jaywan, the UAE’s national payment network, on the DubaiPay platform, expanding payment …

Posted on 26/08/2026

UAE remains major remittance market as outward transfers jump 28% to Dh188.8 billion

The Central Bank’s data shows outward remittances remained significantly higher than inward flows, reflecting the UAE’s continued role as one of the region’s major remittance markets. Money sent …

Posted on 26/08/2026

UAE banks tighten access controls for apps and online shopping, with new security measures

UAE banks introduce stronger app and online shopping security with biometric OTP, instant login alerts, in-app PIN approval and two-factor authentication to combat fraud, phishing and SIM swapping …

Posted on 26/08/2026

UAE banks roll out easier financing options for off-plan homebuyers

UAE homebuyers are getting more options to finance off-plan properties during the construction phase, with banks expanding products that allow buyers to secure financing and make payments in line with …

Posted on 25/08/2026

CBUAE to host UAE banks’ reception on sidelines of IMF-WBG in Bangkok

Reflecting its key role in strengthening the UAE’s leading position within the international financial system, the Central Bank of the United Arab …

Posted on 25/08/2026

CBUAE to host UAE banks’ reception on sidelines of 2026 Annual Meetings of IMF-WBG in Bangkok

Reflecting its key role in strengthening the UAE’s leading position within the international financial system, the Central Bank of the United Arab Emirates (CBUAE), in collaboration with the Ministry …

Posted on 25/08/2026

Etihad Credit Bureau Strengthens UAE credit reporting framework with micro-loan data

Micro-loan account data, such as CashNow, now included in UAE credit reports, following the recent inclusion of Buy Now, Pay Later data …

Posted on 25/08/2026

CBUAE to host UAE Banks’ Reception on the sidelines of the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok

Strategic collaboration with the Ministry of Finance and the UAE Banks Federation to strengthen the UAE’s position as a global financial centre …

Posted on 25/08/2026

UAE credit reports to include micro-loan data, including CashNow and Botim Finance

Move follows recent inclusion of Buy Now, Pay Later data (BNPL) by Etihad Credit Bureau; CashNow among first providers to submit records for credit reports …

Posted on 25/08/2026

HSBC launches the UAE’s first instant international bank account

HSBC has made the UAE the first market in its global network to launch its upgraded Global Money Account. Launched on August 25 2026, the service combines a multiple-currency account with a linked …

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