Emirates NBD to Acquire Controlling Stake in RBL Bank for US$3B
The Boards of Directors of Dubai’s Emirates NBD Bank (ENBD) and India’s RBL Bank have approved entering into definitive agreements…
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Tamara secures Central Bank of the UAE approval, deepening commitment to the UAE market
Directly Supporting UAE Vision 2031 Goals Pioneering Fintech Innovation Across the UAE Tamara has officially received a restricted finance license…
Aberdeen Investcorp Infrastructure partners joins Al Fadhili Field House for real estate development company consortium
Investcorp has announced that their infrastructure platform, Aberdeen Investcorp Infrastructure Partners (“AIIP”), jointly owned by Aberdeen Investments, a global investment…
Central Bank of Egypt and MCIT Launch AI for FinTech Hackathon to Empower Next-Gen Innovators
The Central Bank of Egypt (CBE), in collaboration with the Ministry of Communications and Information Technology (MCIT), has launched the…
HSBC Qatar strengthens market leadership to connect clients with global opportunities
HSBC Qatar has announced key leadership appointments, underscoring the bank’s commitment to cross connectivity, growth and supporting the ambitions of…
Commercial Bank joins key IMF, IIF meetings
Aiming to acquire global insights, play a role in policy discussions, and strengthen its international credibility, Commercial Bank has participated…
Saudi Arabia's SNB reports 20% rise in third-quarter net profit
Saudi National Bank reported on Monday around a 20% increase in third-quarter net profit on a double-digit rise in operating…
Central Bank of Kuwait strengthens consumer protection with new banking guidelines
In a major step to enhance financial transparency and protect customer rights, the Central Bank of Kuwait (CBK) has issued…
Bahrain and MonetaGo eye SME finance boost through counter-fraud project
MonetaGo has signed an agreement with Bahrain Fintech Bay to develop a trade finance registry in the Kingdom, in a…
DIFC Courts conducts 90% of hearings in 2025 remotely
More than 90 percent of court hearings at the Dubai International Financial Centre (DIFC) Courts this year were conducted remotely…
World Bank Group to open office in Muscat
The Government of the Sultanate of Oman has signed an agreement with the World Bank Group (WBG) to open a…
Urgent action needed on AI’s ethical challenges
Artificial intelligence (AI) is no longer a future concern but a present reality, bringing with it ethical challenges that demand…