Banking
-
Central Bank of UAE Revokes Licenses of Money Exchange House and Commercial Broker Firm
The Central Bank of the UAE (CBUAE) has revoked the license of Dirham Exchange, an exchange house operating in the…
Read More » -
UAE’s Al Ansari to Acquire Majority Stake in Oman’s Exchange Firm
UAE-based Al Ansari Financial Services on Monday said that, it has sent a formal proposal to acquire majority stake in…
Read More » -
RBI Updates UPI Money Transfer Facility for Foreign Tourists
India’s central bank Reserve Bank of India (RBI) have updated their master directions on prepaid payment instruments, where travellers from…
Read More » -
Japan’s Nomura to Hire 40 Private Bankers in Asia, Middle East
Nomura Holdings Inc., financial firm based in Japan plans to hire over 40 private bankers in Asia and the Middle…
Read More » -
Arab Monetary Fund to Extend $615.8 Mn Loan Support for Banking Sector Reforms in Egypt
Arab Monetary Fund extends $615.8 million loan to support reforms in the financial and banking sector in Egypt. The sum…
Read More » -
RAKBANK records 71% increase in Net Profit to AED 901mn in H1 2023
Profits were up by 71% year-on-year, driven by diversified growth in the balance sheet, continued sales momentum and strong credit…
Read More » -
M&T Bank Corp beats Wall Street estimates for first-quarter profit
On Monday, M&T Bank Corp. surpassed Wall Street expectations for the first quarter’s earnings as a result of the U.S.…
Read More » -
Emirates NBD Capital KSA’s Jawad Kiwan Wins the Corporate Banking Sector Award
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed…
Read More » -
Vantage Markets wins the Best CFD Broker 2022 award at the 4th Annual Business Tabloid Awards
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed…
Read More » -
Alrajhi Bank wins two major banking awards at the 4th Annual Business Tabloid Awards
The 4th Annual Business Tabloid Awards, conducted at Atlantis The Palm, Dubai, UAE, on the 19th of January, 2023 witnessed…
Read More »