ADIB and Abu Dhabi Housing Authority introduce digital Sharia-compliant housing finance approvals ADIB and Abu Dhabi Housing Authority offer digital Sharia-compliant housing approvals in minutes, letting UAE citizens access flexible …
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UAE Central Bank fines foreign bank branch 20 million dirhams over AML lapses
by James Bryantby James BryantUAE Central Bank fines foreign bank branch AED20 million over AML/CFT lapses UAE Central Bank fines foreign bank branch AED20M and a compliance officer AED300K after inspections revealed repeated and …
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Business
Emirates NBD completes acquisition of 60% stake in RBL Bank
by James Bryantby James BryantEmirates NBD Completes Acquisition of 60% Stake in RBL Bank with $2.75bn Capital Injection Emirates NBD completes acquisition of majority stake in RBL Bank after a $2.75 billion capital injection, …
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Business
Banks Urged to Boost Call Centers After Central Bank WhatsApp Ban
by James Bryantby James BryantUAE customers demand faster bank customer service after WhatsApp support halted UAE customers urge banks to improve bank customer service and reduce call-centre wait times after central bank ends WhatsApp …
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Business
UAE Central Bank holds overnight base rate at 3.65% after Fed decision
by James Bryantby James BryantUAE Central Bank base rate held at 3.65% after Federal Reserve pause UAE Central Bank holds base rate at 3.65% for the overnight deposit facility; borrowing rate remains 50 basis …
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Business
Dubai Islamic Bank prices $1bn AT1 sukuk at 6.25% after $2.3bn orderbook
by James Bryantby James BryantDubai Islamic Bank prices $1bn AT1 sukuk at 6.25% as orderbook tops $2.3bn Dubai Islamic Bank priced a $1 billion AT1 sukuk at 6.25%, non-callable for six years, drawing robust …
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Business
Dubai Holding Real Estate, Commercial Bank of Dubai unveil home finance program
by James Bryantby James BryantDubai Holding Real Estate and Dubai Commercial Bank launch new Dubai housing finance programme New housing finance programme offers UAE nationals and residents streamlined home financing with digital pre-approval, competitive …
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Business
Ethra Emiratization Program Graduates 1,200 Emiratis as Central Bank Announces Strategic Partnerships
by James Bryantby James BryantEithra Emiratisation program graduates 1,200 as Central Bank expands national talent pipeline Eithra Emiratisation program celebrated the graduation of 1,200 Emirati trainees, reinforcing efforts to build national capacity in the …
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Surveillance Video Shows Brutal West Bank Assault by Israeli Soldier and Settlers Surveillance video captures a brutal assault by an Israeli soldier and settlers on two young Palestinians in the …
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Business
UAE banking assets rise to AED 5.57 trillion in April central bank reports
by James Bryantby James BryantUAE banking sector assets rise to AED 5.57 trillion in April 2026 UAE banking sector assets rose to AED 5.57 trillion at end‑April 2026 as credit and resident deposits increased, …