First Abu Dhabi Bank credit rating affirmed at AA- by Moody’s, S&P and Fitch First Abu Dhabi Bank credit rating reaffirmed at AA- with a stable outlook by Moody’s, S&P …
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UAE Central Bank warns climate shocks raise food prices despite 12% CPI
by James Bryantby James BryantCentral Bank study: climate shocks and inflation show delayed effects in UAE, food’s 12% CPI weight limits immediate pass-through Central Bank study finds climate shocks and inflation have a delayed …
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UAE Central Bank requires financial institutions to refund SMS OTP fraud losses
by James Bryantby James BryantUAE Central Bank Orders Full Refunds for Victims of OTP SMS Fraud, Demands App-Based Biometric Protection UAE Central Bank mandates banks and insurers protect customers from OTP SMS fraud, require …
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Ajman Bank lists $300 million AT1 perpetual sukuk on Nasdaq Dubai
by James Bryantby James BryantAjman Bank lists $300m AT1 sukuk on Nasdaq Dubai in landmark capital markets move Ajman Bank AT1 sukuk of $300m listed on Nasdaq Dubai, a perpetual additional Tier 1 issue …
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Dubai Islamic Bank announces strong H1 2026 results with 10% revenue rise
by James Bryantby James BryantDubai Islamic Bank posts strong H1 2026 results with revenue growth and improved asset quality Dubai Islamic Bank posts H1 2026 results: revenues up 10% to AED12.4bn, PBT AED4.3bn, net …
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Abu Dhabi Islamic Bank and Dubai Economy launch DET Connect for SMEs
by James Bryantby James BryantDET Connect: ADIB and Dubai Economy & Tourism launch digital banking account for SMEs DET Connect, launched by Abu Dhabi Islamic Bank and Dubai Economy & Tourism, streamlines banking for …
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Sharjah Islamic Bank posts H1 2026 net profit AED 803.9m, 15.3% growth
by James Bryantby James BryantSharjah Islamic Bank Posts H1 2026 Net Profit of AED 803.9 Million on Diversified Revenue Growth Sharjah Islamic Bank reported a net profit after tax of AED 803.9 million for …
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Ro Khanna detained by Israeli settlers during West Bank visit, lawmaker says US Representative Ro Khanna says he and his party were detained by armed Israeli settlers near Khirbet Zanuta, …
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Business
Central Bank of Egypt Holds Key Interest Rates Steady at 19.5 percent
by James Bryantby James BryantEgypt central bank keeps interest rates unchanged in July decision Egypt central bank interest rates held steady on July 9, 2026, as the Monetary Policy Committee cited inflation developments and …
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Dubai, Deutsche Bank sign deal to host Wealth and Family Office Forum
by James Bryantby James BryantDubai signs partnership with Deutsche Bank to attract global investors Dubai partners with Deutsche Bank to attract global investors, family offices and HNWIs, providing clear market-entry paths and support for …