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UAE banks remain resilient despite war-related shocks, as strong liquidity and capital buffers help offset a decline in sukuk markets.

Banking Staff Writer -
S&P said banking sector deposits increased by a further 4.9% in the first four months of 2026 compared with the end of last year. The...

UAE Central Bank has imposed a Dh20 million fine on a branch of a foreign bank.

Banking Staff Writer -
The penalties were imposed due to significant and repeated non-compliance with anti-money laundering (AML) guidelines. Abu Dhabi: The Central Bank of the UAE (CBUAE) has...

The UAE tax system embraces proactive, technology-driven solutions to enhance service delivery to society.

Banking Staff Writer -
Smart kiosks and digital invoices are reducing processing times across the UAE’s evolving tax ecosystem. ABU DHABI: The UAE Federal Tax Authority (FTA) is adopting...

HSBC has launched tokenised deposits in the UAE to enable instant money transfers for corporate clients.

Banking Staff Writer -
The UAE dirham has been added to HSBC’s digital deposit network, enabling 24/7 treasury transfers. Dubai: HSBC has introduced its Tokenised Deposit Service in the...

Key things to understand about moving between UAE dirhams and digital assets

Banking Staff Writer -
Use regulated UAE dirham deposit and withdrawal channels to transfer funds to crypto platforms. As digital assets continue to attract global attention, many UAE residents...
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From diplomatic service to dairy innovation: Meet the Emirati championing kefir’s rise in popularity

UAE News 0
Unlike conventional yoghurt and laban, kefir is traditionally fermented...

Workers in the UAE could fall behind professionally without AI skills, expert cautions.

UAE News 0
Al Shamsi, co-founder of an Abu Dhabi-based genetic AI...

SB Girls to headline one major UAE show in Abu Dhabi, while details of a Dubai concert are yet to be revealed.

Entertainment 0
Information about the Dubai performance is expected to be...

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