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Banking

DIB Launches Millionaire Account With Monthly Dh1 Million and Tesla Car Prizes for Savers

Banking Staff Writer -
First DIB Millionaire Draw Set for December, Followed by Monthly Prize Draws. Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, has launched the DIB...

Syria restores international card payment services as banking links return

Banking Staff Writer -
Visa successfully tests first international transaction in Syria with local partners. Damascus: Visa has conducted its first live international card transaction in Syria, a development...

CBD App Now Lets Customers Make Payments Using Accounts from Other Banks

Banking Staff Writer -
CBD Customers Can Now Access Balances and Make Payments from Other Bank Accounts. Dubai: Commercial Bank of Dubai customers can now initiate payments directly from...

UAE Banks Report Dh90.8 Billion in Profits as Assets Rise to Dh5.3 Trillion

Banking Staff Writer -
UAE Banks Report Dh90.8 Billion in Profits as Assets Rise to Dh5.3 Trillion. Dubai: UAE banks recorded net profits of Dh90.8 billion in 2025, marking...

UAE bank lending surges as borrowing accelerates in June

Banking Staff Writer -
UAE bank lending accelerates in June as credit to individuals rises by Dh6.8bn. Dubai: UAE bank lending accelerated in June, with an additional Dh24.7 billion...
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Oil Markets See Mixed Monday Trading: Brent and WTI Decline Amid Attacks, While Murban Surges 3% to $118

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Saudi Arabia Announces Higher Electricity, Water and Sewage Tariffs Starting January 2027

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Saudi Arabia on Alert as Heavy Rain, Thunderstorms and Flash Floods Are Forecast Through Friday

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