First Abu Dhabi Bank , the UAE’s biggest bank by assets, reported first-quarter net profit of 5.01 billion dirhams ($1.36 billion) on Thursday, down 2% year-on-year, although operating profit and …
Dubai’s Emirates NBD announces record income of Dh14.4 billion in Q1
Dubai’s largest bank says it entered this period of heightened geopolitical uncertainty from a position of strength, with robust liquidity and a well-diversified business model …
CBUAE achieves significant progress in Emiratisation across banking, financial, insurance sectors
The data also showed that the total number of jobs targeted for UAE nationals between 2022 and 2027 stood at approximately 10,300 …
Dubai unveils plan for first AI-built financial centre
Dubai International Financial Centre announced an ambitious plan to become the world’s first financial hub fundamentally built on AI, integrating the technology into legal, regulatory, operational, …
White House, UAE financial deal talk: Damage done by war to Mideast economy extends well beyond energy
The United Arab Emirates has engineered one of the world’s most resilient travel and tourism economies. This Mideast war may be its biggest rebound test.
AICPA & CIMA and PLM Financial Advisory launch Finance Emiratisation Think Tank
AICPA & CIMA and UAE-based PLM Financial Advisory have announced the formation of the Finance Emiratisation Think Tank, a practitioner-led advisory board established to govern the rollout of the …
UAE bans banks from using WhatsApp for customer services
The Central Bank of the United Arab Emirates has banned all banks and financial institutions from using platforms such as WhatsApp for customer services.
Dubai South, Emirates NBD partner to simplify SME onboarding
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Claims that the UAE requires external financial backing “misreads the facts,” says UAE ambassador to US
Donald Trump had suggested Washington was considering ways to help, including the possibility of a currency swap arrangement.
UAE launches e-invoicing ‘4-Corner’ model to advance digital tax system
The initiative aligns with international standards for e-invoicing and is designed to support scalability and interoperability as adoption increases …
UAE Central Bank bans banks from using WhatsApp for financial services
UAE’s central bank gives financial institutions until April 2026 to stop using WhatsApp for banking services, citing fraud risks and data security concerns. Banks must redirect customers to official …
New Safety, Housing & Banking Rules Set for Dubai in 2026
A set of new regulations affecting residents in Dubai is scheduled to take effect across 2026, covering public safety, building standards, shared housing and banking authentication. A public safety …
UAE looks to US for financial lifeline as Iran war drags on
It looks like the United Arab Emirates (UAE) may be having financial problems amid the Iran war. The Wall Street Journal reported, citing U.S. officials it didn’t identify, the UAE has begun talks …
DIFC to become the world’s first AI-Native financial centre
The Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia region, today announced that it will become the world’s first AI-Native …
How Dubai is supporting small businesses
From rent relief and free retail space to bank fee waivers and discounts, here’s how Dubai is helping SMEs recover and grow …
Dubai’s Amlak Finance offloads over $20mln financing contracts
Dubai-listed Amlak Finance is selling a portion of its financing contracts worth AED 74.88 million ($ 20.39 million). The company, which provides Shariah-compliant real estate mortgages, said it has …
UAE rolls out $272m support, liquidity boost to protect economy from global shocks
UAE rolls out $272m support and central bank liquidity measures to stabilise markets, protect supply chains and boost confidence …