UAE banks well-capitalised, says UBF
The UAE’s banking sector remains well-capitalised, highly liquid, sound and stable — all of which is solidifying the foundations of…
Regulation, Risk & Compliance
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New Digital-Only Trade Bank Takes On The Establishment
Billed as the world’s first fully digital corporate trade bank, Anglo-Gulf Trade Bank has set out to disrupt the world…
Warning: You have not won a prize … it’s a scam; money exchange in UAE warns customers against scam messages
Al Ansari Exchange, a leading UAE-based foreign exchange and worldwide money transfer company, has warned its customers against fraudulen tphone…
WISeKey established WISeKey Arabia
WISeKey International Holding has reached a final agreement with E.A Juffali & Brothers group to incorporate WISeKey Arabia, a joint…
Emirates NBD sells shares in UAE payments firm in $370m deal
Emirates NBD, the largest bank in Dubai, has confirmed the sale of an aggregate of 52.6 million ordinary shares in…
KFH’s buyout of AUB moves a step closer
Bahrain’s largest lender Ahli United Bank (AUB) has completed due diligence of Kuwait Finance House (KFH) as the Kuwaiti lender…
UAE cyber experts unite to warn against unprecedented criminal threat
Businesses, banks, governments and the public are facing a rising threat from increasingly sophisticated cyber criminals. A series of…
UBF 2018 annual report highlights well-capitalised, highly liquid UAE banking sector
UAE Banks Federation has officially released its annual report for the year 2018, shedding light on the significant progress and…
Total UAE banking assets hit $780bn, largest in Arab world
Total banking assets at the end of December 2018 reached $780 billion, maintaining the UAE banking sector’s position as the…
QIMC signs agreement with Doha Bank to finance QR230m project
Qatar Industrial Manufacturing Company has signed an agreement with Doha Bank to finance its project, The Gulf Glass Factory, for…
Financial guarantee of KD 40,000 for domestic recruitment bureaus
The official spokesperson and Director of Public Relations at the Public Authority for Manpower Aseel Al-Mizyad affirmed that a letter…
ADCB launches real time trade finance for customers on dltledgers Blockchain platform
The UAE's Abu Dhabi Commercial Bank has digitised trade finance for its customers using the Singapore-based dltledgers Blockchain platform. ADCB…