UAE SMEs Call for More SME Financing as Banks Tighten Credit Checks UAE small and medium enterprises urge banks to expand SME financing, ease credit conditions and cut interest rates …
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Dubai Financial Market rises 0.86% as banks and telecoms drive AED 8.1bn
by James Bryantby James BryantDubai Financial Market Gains 0.86% as Banks and Telecoms Drive AED 8.11bn Jump Dubai Financial Market rises 0.86% to 6,042.55 as banks and telecoms lead; market capitalisation nears AED 1 …
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Local banks urged to subject new digital systems to rigorous operational testing
by James Bryantby James BryantCustomers urge rigorous testing of banking apps as UAE banks upgrade systems UAE customers demand rigorous pre-launch testing of banking apps as local banks roll out system upgrades; experts call …
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UAE Banks’ Union warns travelers of surge in fake summer travel deals
by James Bryantby James BryantUAE Banks Warn Travellers to Guard Against Travel Scams and Fake Offers UAE Banks Federation urges travellers to verify booking sites and payment channels as summer holidays drive a surge …
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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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UAE Central Bank’s Ethraa Program Graduates 1,200 Emiratis in Abu Dhabi
by James Bryantby James BryantCentral Bank and Emirates Financial Institute Graduate 1,200 from Ethra Program to Accelerate Emiratisation Under Sheikh Mansour’s patronage, the UAE Central Bank and Emirates Financial Institute graduated 1,200 from the …
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Wall Street embraces cryptocurrency as banks prepare to offer Bitcoin and Ethereum
by James Bryantby James BryantWall Street Embraces Cryptocurrency: Banks and Brokers Move to Offer Bitcoin and Ether Wall Street banks and brokerages are preparing to offer Bitcoin and Ether as demand surges, accelerating tokenized …
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UAE banks record AED 5.57 trillion assets in April as lending surges
by James Bryantby James BryantUAE bank lending hits AED 25.2bn in April 2026 as sector assets reach AED 5.57 trillion UAE bank lending surged to AED 25.2 billion in April 2026, driving total banking …
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Business
Central banks increase gold buying signaling shift in global reserves
by James Bryantby James BryantCentral bank gold purchases signal strategic global shift in reserves Central bank gold purchases rose as countries added 863 tonnes in 2025 and 244 tonnes in Q1 2026, underscoring a …
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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 …