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Thu, Jan 15, 2026 | Rajab 26, 1447 | Fajr 05:45 | DXB 18.1°C

Banking in UAE News

No more OTPs for UAE banking: Step-by-step guide to new 2026 payment system

No more OTPs for UAE banking: Step-by-step guide to new 2026 payment system

Khaleej Times recently completed a transaction to understand what the new app-based verification looks like in practice

UAE Central Bank clarifies Nafis support not stable enough income for loans

UAE Central Bank clarifies Nafis support not stable enough income for loans

Bank clarifies that the programme's incentives are “time-limited, conditional, and cannot be relied upon as a stable source of income in the medium or long term.”

How UAE banks can grow by focusing on underserved, niche segments

How UAE banks can grow by focusing on underserved, niche segments

Some experts said that technology helped smaller institutions compete with larger incumbents by automating compliance and scaling operations efficiently

UAE banks shift focus to long-term customer engagement, loyalty, says expert

UAE banks shift focus to long-term customer engagement, loyalty, says expert

UAE banks are using AI and data insights to build deeper connections with customers, guiding them through life milestones and shaping the future of banking

UAE set to gain as Fed's two more cuts set to boost mortgages, property market

UAE set to gain as Fed's two more cuts set to boost mortgages, property market

This would ease pressure on buyers who had been holding back due to high borrowing costs, potentially broadening the base of demand beyond cash-rich investors who have dominated the market

Mashreq launches NEO PLUS Saver account for salary and non-salary customers with UAE's most rewarding savings interest rates

Partner Content: Mashreq launches NEO PLUS Saver account for salary and non-salary customers with UAE's most rewarding savings interest rates

The launch further strengthens Mashreq’s position as a digital banking pioneer and reinforces its role in shaping the future of personal finance in the UAE

How UAE residents can use UPI to transfer money without Indian phone number

How UAE residents can use UPI to transfer money without Indian phone number

In February 2024, during a visit from Indian Prime Minister Narendra Modi to UAE, an agreement was signed, allowing NRIs to make UPI transactions

UAE Central Bank penalises foreign bank with Dh5.9 million fine

UAE Central Bank penalises foreign bank with Dh5.9 million fine

The financial sanction was imposed after CBUAE investigation, which revealed the bank’s failures to comply with its Anti-Money Laundering laws

UAE: No free remittances for Emirates NBD customers from September

UAE: No free remittances for Emirates NBD customers from September

In an email sent to customers, the major bank said that starting September 1, 2025, customers will be charged for all international transfers

UAE: India's HDFC Bank under review for allegedly selling risky bonds to some clients

UAE: India's HDFC Bank under review for allegedly selling risky bonds to some clients

The financial institute denied any wrongdoing and stated that it has a robust process to communicate product features and help clients understand risks