The Central Bank of the UAE (CBUAE) imposed financial sanctions on two branches of foreign banks operating in the UAE, amounting to Dhs10,600,000 for the first bank and Dhs7,500,000 for the second ...

ABU DHABI: Emirates Development Bank (EDB) today announced the launch of the Emirates Growth Fund (EGF), a transformative AED 1 billion growth equity platform designed to accelerate the scale, ...

Emirates Growth Fund will invest up to $13.6m per UAE SME Emirates Development Bank (EDB) has announced the launch of the Emirates Growth Fund (EGF), a transformative AED1bn ($272m) growth equity ...

Emirates Development Bank (EDB) has launched a Dhs1bn ($272m) equity fund aimed at supporting the growth and global competitiveness of small and medium-sized enterprises (SMEs) in the UAE ...

A merger between two regional banks, Rockland Trust and Enterprise Bank, is costing 125 local employees their jobs. Rockland Trust filed a state WARN notice last week stating that the planned ...

Ripple said it signed on two new UAE-based customers, Zand Bank and Mamo, as it expands Ripple Payments, the firm’s blockchain-based cross-border payments platform, in the region. The agreements ...

You need a registered UAE will to give family access to your assets without undue delays It’s a common assumption that if something happens to you, your bank account in the UAE will ...

The Reserve Bank of India not only printed notes for Pakistan but also for several Gulf countries like the UAE, Oman, and Bahrain. This practice continued until 1967, and until then, the Gulf ...

Dubai, UAE: HSBC, the largest international bank in the UAE, has brought its iconic bronze lions – Stephen and Stitt – to its UAE headquarters, marking the first time the bank’s global symbols of ...

the largest international bank in the UAE, has brought its iconic bronze lions – Stephen and Stitt – to its UAE headquarters, marking the first time the bank’s global symbols of growth and ...

The UAE has emerged as one of the world’s most banked nations on the back of remarkable surge in bank account ownerships, according to a new independent survey. The YouGov study, commissioned by ...

The Central Bank of the UAE (CBUAE) has imposed administrative and financial sanctions on five insurance brokers operating in the UAE, pursuant to Article (14) of the Decree Federal Law No. (20) of ...