Emirates NBD Egypt acquisition: Group agrees to buy HSBC Egypt’s retail banking business Emirates NBD Egypt acquisition: Emirates NBD’s Egyptian arm has signed final agreements to acquire HSBC Egypt’s retail …
Banking
-
Business
UAE banking assets top AED 5.633 trillion in May as credit rises
by James Bryantby James BryantUAE banking assets climb 1.1% in May to AED 5.633 trillion, Central Bank reports UAE banking assets rose 1.1% in May to AED 5.633 trillion, Central Bank says; domestic credit …
-
West Bank banking ties at risk as Israeli banks signal end to correspondent services Israeli banks have warned they may sever correspondent services to Palestinian lenders, placing West Bank banking …
-
Business
IMF mission concludes UAE visit, lauds economic resilience and banking strength
by James Bryantby James BryantIMF visit to UAE highlights economic resilience and strong banking safeguards IMF visit to UAE ends with praise for economic resilience, robust bank capital and liquidity, Central Bank review of …
-
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, …
-
Business
UAE banks close 38 branches as customers shift to digital banking
by James Bryantby James BryantUAE bank branches fall from 553 to 515 as customers move to digital banking Central Bank data show UAE bank branches fell from 553 to 515 between March 2025 and …
-
Business
Dubai to unveil advanced industrial ecosystem, strategic logistics and banking partnerships expected
by James Bryantby James BryantDubai industrial ecosystem showcased at Make in UAE 2026 with export and tech initiatives Dubai’s industrial ecosystem is centre stage at Make in UAE 2026 as the Department of Economy …
-
Business
Dubai Chamber, Commercial Bank of Dubai Host Dialogue to Strengthen Corporate Banking
by James Bryantby James BryantDubai Chamber and Commercial Bank of Dubai Boost Banking Support for Businesses with Tailored Financing Solutions Dubai Chamber and Commercial Bank of Dubai hold open dialogue to strengthen banking support …
-
Business
Kevin Warsh Approved by Senate Banking Committee to Succeed Jerome Powell
by James Bryantby James BryantKevin Warsh Cleared by Senate Banking Committee for Federal Reserve Chair Kevin Warsh cleared Senate Banking Committee in a 13-11 party-line vote to lead the US Federal Reserve, drawing fierce …
-
US sanctions on Iran intensify as Treasury targets parallel banking, oil and crypto networks US Treasury expands sanctions on Iran, targeting parallel banking, crypto channels, oil exports and arms networks …