Gold price rises to $4,522.22 per ounce as investors weigh inflation and dollar weakness Gold price rose to $4,522.22 per ounce in US trade, rising 0.57% in 24 hours; inflation, …
banks
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Business
UAE Banks Warn Customers After Unnoticed Expiry Erases Credit Card Travel Miles
by James Bryantby James BryantBanks warn customers to track expiring travel miles after sudden balance losses UAE customers report missing travel miles from credit-card reward programs; banks advise monitoring loyalty expiry dates and redeeming …
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Business
UAE banks extend fee waivers and SME repayment relief through 2026
by James Bryantby James BryantUAE banks extend fee waivers to ease pressure on households and SMEs UAE banks are poised to extend fee waivers and concessions to relieve households and SMEs with reduced ATM …
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Business
Power banks with hidden Wi‑Fi chips enable remote data theft, experts warn
by James Bryantby James BryantExperts warn of data theft and safety hazards from unsafe power banks sold online Experts warn unsafe power banks sold online can install malware, contain hidden Wi‑Fi chips and pose …
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Russia’s Duma approves bill to allow banks to shoot down drones Russian Duma approves bill allowing banks to shoot down drones, train staff and use jamming systems to protect financial …
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Business
UAE Central Bank directs banks to maintain local transfers during Eid al-Adha
by James Bryantby James BryantEid al-Adha bank transfers to be supported as UAE Central Bank keeps payments system running Authorities confirm Central Bank will keep local transfer system active during Eid al-Adha to ensure …
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Business
UAE banks assure 24/7 digital services and ATM cash during Eid Al-Adha
by James Bryantby James BryantUAE Banks Confirm Uninterrupted Banking Services During Eid Al-Adha UAE banks confirm 24/7 banking services during Eid Al-Adha, with mobile apps, replenished ATMs and standby teams to ensure uninterrupted customer …
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Business
UAE banks announce pre-approved AED10,000 personal loans for low-salary employees
by James Bryantby James BryantBanks Offer Pre‑Approved Personal Loans for Low‑Income Earners in UAE UAE banks are issuing pre-approved personal loans for low-income earners, notifying customers earning under AED 5,000 about quick AED 10,000+ …
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Business
UAE Banks Record AED 5.56 Trillion Assets as Deposits Rise AED 106 Billion
by James Bryantby James BryantUAE banking sector assets rise to AED 5.556 trillion as deposits and credit surge UAE banking sector assets reached AED 5.556 trillion by end-March 2026, with deposits, credit and payments …
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Business
UAE banks announce loan deferrals through June 2026 and record low defaults
by James Bryantby James BryantUAE banks defer loan payments until June 30, 2026, to support affected customers UAE banks defer loan payments until June 30, 2026, offering rescheduling and relief to affected businesses and …