Banking
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ADX Teams Up with SIB for Instant Access to IPO
The Abu Dhabi Securities Exchange (ADX) has confirmed its partnership with UAE-based Sharjah Islamic Bank (SIB) to facilitate efficient access…
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Reserve Bank of India Launches UDGAM Platform for People to Find Unclaimed Deposits
The Governor, Reserve Bank of India (RBI) launches a centralized web portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation).This…
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Abu Dhabi Islamic Bank saw 142% Increase in New Customers Opening Bank Accounts
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reported a remarkable surge and continued success in its…
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Emirates Development Bank Inks Deal with TCP for Supply Chain Financing for SMEs
Emirates Development Bank, the key financial engine of UAE’s economic development and industrial advancement, has inked a Memorandum of Understanding…
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Qatar Central Bank to Launch New License for Insurance Policy Price Comparison Sites
Aligning with Qatar’s financial sector and fintech strategy, the Qatar Central Bank (QCB) aims to regulate and develop the financial…
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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…
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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…
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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…
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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…
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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…
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