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Business

International Development Bank Officially Joins the authorised Banks by Dubai Land Department as an Escrow Account Trustee 

The ‘International Development Bank – UAE Branch’ (IDB) has been officially added to the list of authorised banks by Dubai…

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Business

DFM Records AED38.6 million in Major Trades on Al Ansari Ajman Bank

Dubai Financial Market (DFM) today announced the completion of three major transactions involving Al Ansari Financial Services and Ajman Bank,…

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News

UAE Bank to Deduct Funds from Customers’ Accounts to Reflect Charges that Were not Debited during System Upgrade

Dubai Islamic Bank (UAE) elaborated that the relevant account holders have been pre-emptively informed about the outstanding transactions Dubai Islamic…

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Business

Mastercard and First Abu Dhabi Bank: Harnessing the Power of Partnerships to Drive Payment Innovation Across the Region

Mastercard Key players in the financial ecosystem are leveraging the immense potential of cutting-edge technologies to better serve their communities…

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Business

Bank Investments in Monetary Bills, Islamic CD hit AED226.9 billion by End of Q2-24: CBUAE

Bank investments in monetary bills and Islamic certificates of deposit (CD) reached AED226.9 billion at the end of the second…

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News

CBUAE maintains Base Rate at 5.40%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…

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