Bank’s participation in the second ‘Hello My School’ initiative reflects strong alignment with national priorities on education and financial inclusion …
Dubai’s Emirates NBD to Buy Majority Stake in RBL Bank in $3 Billion Deal
While the Mumbai-based lender has not confirmed the investment discussions, it stated that it “routinely explores opportunities aimed at enhancing shareholder value.” On Wednesday, RBL Bank’s shares …
Inside the Global Tokenization Race: From Dubai to Singapore to Malta
Governments and exchanges in Asia to Europe are heading a rat race to digitalize everything, including bonds and real estate.
One in four UAE residents unsure of financial future: HSBC survey
The survey, conducted by YouGov for HSBC, highlights that 25 per cent of UAE residents who envision life beyond the Emirates feel financially unprepared, with 28 per cent citing the complexity of …
Crypto.com receives preliminary payment license from UAE Central Bank
Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities …
UAE residents can now pay government fees in zero-interest instalments
UAE launches a zero-interest instalment plan allowing residents to pay government fees over 3–12 months via 10 local banks and Visa …
Nasdaq Dubai welcomes CNY 1bln bond listing by Emirates NBD, strengthening links with Asian markets
Issued under Emirates NBD’s USD 20 billion Euro Medium Term Note (EMTN) Programme, the 2.40% Notes are due in 2028 …
Pakistani-Founded Dubizzle Group Announces Dubai IPO, Eyes Global Expansion
The UAE’s digital classifieds powerhouse Dubizzle Group, founded by Pakistani siblings Imran, Haider and Zeeshan Ali Khan, has revealed plans to launch an …
Nasdaq Dubai welcomes $140mln bond listing by Emirates NBD
Nasdaq Dubai has welcomed the listing of a CNY 1 billion ($140 million) bond by Emirates NBD Bank, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region.
Dubai court slams BR Shetty’s ‘parade of lies’, asks him to pay Rs 408 crore to SBI
B.R. Shetty alleged that he did not sign a personal guarantee for a $50 million loan granted to NMC Healthcare in December 2018 and denied ever meeting the SBI’s then-UAE CEO Anathan Shenoy who witnes …
SAS partners with DIB to elevate financial crime risk management
Recognizing the rapid advancements in regulatory frameworks and the increasing complexity of financial crime, DIB is advancing to SAS Viya 4 – a cloud-native, AI-powered analytics platform running on …
UK money transfer operator Wise secures UAE approval
The Central Bank of the United Arab Emirates has granted money transfer service Wise regulatory approval to operate in the Gulf state. The London-based financial technology company specialises in …
Dubai debt deal: DIFC and Partners for Growth join forces to fund next generation tech companies
DIFC partners with Partners for Growth to provide structured growth debt to FinTech, HealthTech, and PropTech firms driving Dubai economy …
India’s RBL Bank gains on reports of Emirates NBD looking to buy stake
(Reuters) -Shares of Indian lender RBL Bank climbed more than 3% on Tuesday, hitting their highest level since January 2024, following media reports of talks with Dubai-based bank Emirates NBD for a …
Ajman Bank unveils Gen AI Avatar and the upcoming ‘Ajman Bank One’ digital platform at GITEX Global 2025
The launch took place during GITEX Global 2025, where Ajman Bank showcased its vision for a seamless, secure, and human-centered digital experience that redefines customer engagement …
Emirates NBD in advanced talks for stake in India’s RBL Bank, sources say
By Gopika Gopakumar (Reuters) -Dubai-based bank Emirates NBD is in advanced talks to buy a stake in Indian private lender RBL Bank, two people familiar with the deal told Reuters. The Dubai bank is …
Dubai launchpad for global exhibitors and innovators
Gitex Global 2025, the world’s largest technology and Artificial Intelligence (AI) exhibition, opened its doors to the public at the Dubai World Trade Centre on Monday.