UAE banking to strengthen in 2018 – study

The UAE’s banking sector will see renewed growth in 2018 and remain “fairly robust” into 2019, a new analysis says. The UAE’s economy overall will benefit from higher oil prices and easing oil production cuts, driving a resurgence in bank lending ... ( read original story ...)

Dubai Financial Regulator Issues Warning on ICOs

A financial services regulator in Dubai has issued a warning on initial coin offerings (ICOs). In a new statement today, the Dubai Financial Services Authority (DFSA) became the latest markets regulator to urge caution to prospective investors, a list ... ( read original story ...)

Dubai & Malaysia Sign Fintech Cooperation Agreement

The Dubai Financial Services Authority (DFSA) and Securities Commission Malaysia (SC) have entered into an agreement to cooperate in the development of Fintech. According to both parties, this agreement reflects efforts by both authorities to provide a ... ( read original story ...)

Aramco IPO Remains On Track, Company Says

Aramco’s initial public offering remains on track for next year, the company told UAE’s The National in an email, following a report that suggested the initial schedule might be delayed. The delay, sources told Bloomberg yesterday, would be because of ... ( read original story ...)

UBF launches first cyber threat sharing platform for UAE banks

Dubai: The UAE Banks Federation (UBF), the professional representative body of banking industry comprising 48-member banks operating in the UAE, on Thursday launched its first Information Sharing and Analysis Centre (ISAC) in the UAE. The centre is powered ... ( read original story ...)

BOK International UAE embraces iMAL Islamic Core Banking System

iMAL latest version offers an advanced and agile banking platform carrying many technical and functional refinements that would bridge the fintech gap. With this further investment in Path Solutions, BOK Group will have the best solution available in the ... ( read original story ...)