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Commercial Bank of Dubai Launches ‘UP by CBD’ Mobile Bank for UAE Small Businesses

CBD today announced the launch of UP by CBD, a mobile bank designed to help micro and small businesses set up their bank account and manage their…

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UAE Central Bank Fine: Foreign Bank Penalized AED 1.82 Million Over Customer Service Failures

CBUAE said examinations found the bank branch failed to issue a liability letter within the mandatory seven-day period, violating the…

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A Dh20 Million Warning Shot: UAE Central Bank Cracks Down on Hidden Compliance Failures

Significant, repeated failures in compliance of anti-money laundering guidelines The Central Bank of the UAE (CBUAE) imposed a financial penalty…

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Business

Emirates NBD Completes $2.75 billion RBL Bank Deal, takes 60% Stake

Dubai bank completes majority stake buy in RBL Bank through major capital infusion Emirates NBD has completed its acquisition of…

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Alaan Launches UAE’s First AI-Native Business Bank Account, Powered by Ruya 

Alaan, the UAE’s leading spend management platform, today launched a business bank account with built-in intelligence, powered by ruya. With this…

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Saudi Arabia to Deposit $3 Billion in Pakistan’s Central Bank

Saudi Arabia will deposit $3 billion into Pakistan’s central bank, Finance Minister Muhammad Aurangzeb said Wednesday. The funds will provide…

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Business

Oman’s Largest Bank Cuts Incident Detection Time by 80% with New Command Center

Dynatrace (NYSE: DT), the leading AI-powered observability platform, today announced that Bank Muscat, the Sultanate of Oman’s largest bank by market share, has…

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Business

Eurasian Development Bank Appoints BHM Capital as Lead Manager for a UAE Dirham-Denominated Bond Issuance to Be Listed on ADX 

BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, announces its appointment as the…

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Business

Al Salam Bank Marks 20 Years of Transformational Growth and Market Leadership 

Al Salam Bank marks its 20th anniversary, celebrating two decades of strategic evolution, institutional resilience, and sustained leadership within Bahrain’s banking…

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Business

Emirates NBD becomes the world’s first bank awarded WiredScore Platinum and SmartScore Platinum for digital connectivity and smart technology

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced the achievement…

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