UAE remains major remittance market as outward transfers jump 28% to Dh188.8 billion Personal transfers reach Dh115.7 billion as inward remittances surge 53.6% to Dh36 billion; Islamic banking assets rise 22% to Dh1.33 trillion 2 min read
Emirates NBD launches UAE’s first transition finance framework to support lower carbon investment New framework will guide financing for emissions reduction, cleaner technologies and hard-to-abate sectors as bank targets $30 billion in sustainable and transition finance by 2030 2 min read
Al Ansari H1 operating income reaches Dh635 million as currency exchange gains support revenue Currency exchange gains rise to Dh322 million as group maintains cash generation, while investments in regional expansion weigh on profitability 2 min read
UAE well positioned to connect Islamic capital with high-growth markets, says Standard Chartered Standard Chartered says the country can connect nearly $6 trillion in global Islamic finance assets with opportunities across Asia and Africa 2 min read
UAE bank ADCB says services restored after disruption, customer data not compromised Abu Dhabi-based lender says core banking systems have been stable for four days, with the remaining impact limited to a small segment of mobile app users as restoration efforts continue 2 min read
UAE bank sees strong retail credit demand as UAE economy supports borrowing Bank says strong economic fundamentals, sustained population growth and rising consumer confidence continue to support demand for retail financing as it unveils a new corporate identity 2 min read
ADCB says banking services in UAE temporarily disrupted by maintenance Bank says essential maintenance has temporarily disrupted banking services across its network, with technical teams working around the clock to restore operations as quickly as possible while customers await further updates. 1 min read
Emirates NBD seals $2.75 billion acquisition of majority stake in India's RBL Bank Emirates NBD received the go-ahead from the Indian government to acquire the stake in mid-May, though the acquisition was initially announced in October of 2025 2 min read
Dubai homebuyers rush to lock in fixed-rate mortgages as rates drop to 3.75% Major UAE banks are offering attractive one-year fixed rates, with salaried residents securing the best deals as buyers seek protection from future interest-rate volatility 4 min read
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