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Dubai Islamic Bank records Dh12.4 billion revenue in first half of the year.

Banking Staff Writer -
DIB’s net financing assets grow 7% to Dh281 billion, with pre-tax profit hitting Dh4.3 billion. Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank by...

Emirates NBD introduces the region’s first real-time USD payments system powered by blockchain technology.

Banking Staff Writer -
Corporate customers can now make real-time USD payments to beneficiaries of J.P. Morgan. Dubai: Emirates NBD has introduced real-time cross-border US dollar payment services for...

Pakistan withdraws some remittance perks — can UAE expats still send money home for free?

Banking Staff Writer -
How the latest SBP policy change affects remittance costs, banks and families back home. Dubai: Will it cost more for Pakistanis in the UAE to...

Dubai leverages Deutsche Bank’s global network to draw international investors.

Banking Staff Writer -
DET and Deutsche Bank will support investors, family offices, and companies looking to expand their presence in Dubai. Dubai: The Dubai Department of Economy and...

UAE imposes Dh1.82 million fine on foreign bank over delay in issuing liability letter.

Banking Staff Writer -
CBUAE says the branch did not issue a liability letter within the required seven-day timeframe. Abu Dhabi: The Central Bank of the UAE has fined...
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From diplomatic service to dairy innovation: Meet the Emirati championing kefir’s rise in popularity

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Information about the Dubai performance is expected to be...

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