Banking & Finance

Emirates NBD, ADIB close finance deal for London student housing

The 50/50 club deal marks a significant collaboration between the two banks and enhances the UAE’s banking presence in key international markets

CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

The two authorities agreed to establish connectivity between the debt capital markets and the related financial market infrastructures between Hong Kong and the UAE

Emirates NBD lists $500 million sustainable bond on Nasdaq Dubai

The issuance of the dual-listed bond on Nasdaq Dubai and Euronext Dublin reflects strong interest from both regional and international investors

Saudi Arabia’s D360 Bank secures approval from SAMA

D360 Bank focuses on digital innovation to support financial inclusion in Saudi Arabia and to drive digital transformation within the banking sector

Türkiye’s Vakifbank signs $870 million sustainable term loan

UAE banks Abu Dhabi Commercial Bank and Emirates NBD Capital acted as joint coordinators, as well as mandated lead arrangers and bookrunners on the transaction

Bahrain’s Beyon Money secures new licenses from Central Bank of UAE

The two licenses will enable Beyon Money to offer its customers in the UAE a wider range of financial solutions

UAE’s Zand unveils digital asset custody service

The innovative offering positions Zand as the first UAE bank to provide institutional-grade digital asset custody services under its banking license

UAE payments revenue to reach $27.3 billion by 2028, BCG says

Transaction volumes in the UAE are projected to rise significantly, from 1.7 billion in 2023 to over 3.1 billion by 2028

Standard Chartered Global Private Bank expands frontline bankers by 20% in the UAE

Standard Chartered Global Private Bank announced the expansion of its frontline private banking team by 20% in the UAE. This move underscores the Bank’s...

Emirates NBD welcomes Chainlink to Digital Asset Lab

Emirates NBD announced a fifth council member of its Digital Asset Lab – Chainlink, the standard for onchain finance, verifiable data, and cross-chain interoperability....

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