Banking

UAE Central Bank project may help reduce delays for companies engaged in overseas trade.

Project Aperta aims to cut duplication, reduce compliance checks, and streamline onboarding delays for businesses engaged in cross-border trade. Dubai: The Central Bank of the...

AU Small Finance Bank has increased its FCNR deposit rates to 7.10%, strengthening its overall NRI banking offering with a more comprehensive end-to-end service...

AU Small Finance Bank also provides zero forex margin and waives bank charges on eligible remittances, further enhancing its value proposition for NRI customers. UAE:...

Etihad launches its largest-ever summer schedule, featuring 300+ daily flights and new destinations

Etihad’s fleet growth continues with 23 new aircraft amid strong summer demand. Abu Dhabi: Etihad Airways is gearing up for its busiest summer season on...

Dubai Islamic Bank has launched a $1 billion Additional Tier 1 perpetual Sukuk that is non-callable for six years.

DIB strengthens its leadership position through the largest recent AT1 Sukuk offering, carrying a 6.25% profit rate. Dubai: Dubai Islamic Bank (DIB), rated A3 by...

UAE Banks Roll Out Facial Recognition: Key Things Residents Should Know

While biometric authentication is generally considered more secure than OTPs, rapid advances in AI technology are also making it easier for malicious actors to...

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