UAE Central Bank suspends licence of insurance company Yas Takaful
The UAE Central Bank has suspended the licence of insurance company Yas Takaful for non-compliance with the country's regulatory framework,…
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UAE investors bullish on real estate, tech, and energy, survey reveals
A new survey by trading and investing platform eToro reveals that 85 per cent of UAE-based retail investors are currently…
Central Bank Approves Misr Digital Innovation’s Transition to onebank, Egypt’s First Fully Digital Bank
The Central Bank of Egypt approved the transformation of Misr Digital Innovation into onebank, Egypt’s first fully digital native bank,…
The Bahrain Association of Banks has announced the appointment of Zeeba Askar as its new Chief Executive Officer.
The Bahrain Association of Banks has announced the appointment of Zeeba Askar as its new Chief Executive Officer. She…
Wio Bank Partners with Xero to Enhance Accounting for SMEs in the UAE
A newly announced partnership between UAE-based digital bank Wio Bank PJSC and small business management platform Xero will help small…
Smart infrastructure upgrades bolster Qatar’s national goals
Qatar’s digital economy is entering a scale-up phase, propelled by aggressive network upgrades, a growing data-center pipeline, and a comprehensive…
ADIB Capital launches ADIB Islamic Trade Opportunities Fund
ADIB Capital Limited, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC, located in DIFC and regulated by the…
Invest Bank returns to strong profitability in H1 2025, marks historic turnaround and expands leadership team
Total income for the period reached AED 145.6 million, a 5% year-over-year increase despite challenging interest rate conditions. The Board…
FABMISR launches IAM tool in partnership with Hemaya IT
In a significant step that reflects its strong commitment to innovation and strengthening cybersecurity standards, First Abu Dhabi Bank Misr…
Misr Digital Innovation secures approval for Egypt’s first fully digital bank
Banque Misr’s Misr Digital Innovation has received the green light from the Central Bank of Egypt (CBE) to transition into…
UAE Central Bank suspends licence of YAS Takaful over regulatory breaches
The Central Bank of the UAE (CBUAE) on Monday (August 18) announced that it suspended the licence of YAS Takaful…
Saudi bank lending hits record $850bn on corporate, real estate demand
Saudi banks’ outstanding loans reached SR 3.2 trillion ($849.7 billion) in June, marking a 15.8 percent increase compared to the same month…