The Central Bank of UAE (CBUAE) jointly held a signing ceremony with G42 Cloud and R3 to mark the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy, one...
The Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) has signed a Memorandum of Understanding with the Emirates Institute of Finance (EIF) to enhance collaboration and support...
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, officially announced the launch of its venture building programme, ‘DIFC...
The Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) in Abu Dhabi, United Arab Emirates to enhance...
HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March 2023, SVB...
Abu Dhabi Islamic Bank (ADIB) announced that it had saved five million sheets of paper in 2022 through its ongoing Al Ghaf paperless programme. This initiative supported the bank in…
UAE Banks Federation (UBF), the representative and unified voice of banks in the UAE signed a Memorandum of Understanding (MoU) with the Azerbaijan Banks Association, the umbrella organisation of banks…
Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and Zand Bank PJSC, the UAE’s first all-digital bank licenced by the UAE Central Bank, have signed a…
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region continued to grow at a record-breaking pace in 2022 with…
Hub71, Abu Dhabi’s global tech ecosystem, has announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, with more than AED7bn+ ($2 billion) of capital committed to fund…
In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, and Chairman of the Central Bank of the…
Emirates Islamic, the Islamic subsidiary of Emirates NBD Group, has announced the successful pricing of its inaugural AED 1 billion dirham-denominated sukuk, the first such dirham sukuk issuance by a…
Emirates Development Bank (EDB) and Abu Dhabi Global Market (ADGM) have signed a Memorandum of Understanding to identify collaborative opportunities that will further support companies looking to set up operations…
The Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) led a delegation to Belgrade to meet with Serbian partners and discuss the strengthening of bilateral relations in…
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points – from 4.4% to 4.65%,…
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