Abdallah Abu-Sheikh

AI Islamic finance platform opens global waitlist

Abu Dhabi-based Mal aims to take AI-native financial services platform to global markets

UAE pushes stronger BRICS financial coordination

UAE joins BRICS finance talks and backs the NDB’s 2027 to 2031 strategy

UAE backs deeper BRICS financial cooperation at key India meetings

Oman sets deadline to exchange old banknotes

Central Bank says no claims for withdrawn notes will be accepted after the cut-off

Members of the public who still possess banknotes from the affected series have been advised to approach their banks in advance of the deadline to avoid losing the opportunity to exchange them.

One payment setup could unlock the GCC market

Network International says one integration can help UAE merchants expand across Gulf

Network International has launched a new regional payment service that allows merchants to accept payments across GCC markets through a single integration.

Sukoon Takaful, Ajman Bank sign strategic deal

Partnership will give Ajman Bank customers access to tailored Takaful solutions

Mustafa al Khalfawi and Ahmed Abushanab during the MoU singing ceremony.

Kuwait tightens AML rules for gold, property sectors

New rules require stricter customer checks, transaction monitoring and reporting

New Kuwait rules target money laundering in gold and real estate sectors, mandating due diligence, record-keeping and reporting to the Financial Intelligence Unit.

GCC has attracted global wealth. Now it must keep it

Service, advice and technology will define the next phase of wealth management

Digital wealth management has become an important differentiator across the GCC.

FAB tests 24/7 cross-border payments with Citi

UAE bank uses tokenised deposits in live US dollar transactions through Swift Ledger

First Abu Dhabi Bank tests 24/7 cross-border payments with Citi

DIB draws strong demand for debut Islamic funding

UAE’s largest Islamic bank says strong demand highlights confidence in its credit profile

The bank said the new facility will support its longer-term balance-sheet and growth objectives while providing access to diversified pools of institutional liquidity.

Your money, your data: UAE banking's next shift

The next phase of UAE banking could give customers more choice, control and transparency

Open Finance could reshape banking in the UAE by giving customers greater control over their financial data, alongside more choice and personalised financial services.

At Banque Misr UAE, it's business as usual

UAE and Egyptian central banks affirm full coordination over lender’s operations

UAE and Egyptian central banks affirm Banque Misr UAE branches will maintain normal operations, taking required measures after US Treasury exemption move.

UAE Central Bank opens urgent Banque Misr branch review

Regulator orders forensic lookback into transactions linked to firms cited by US

UAE Central Bank orders urgent Banque Misr review after US proposal

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