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Banking

DIB shareholders approve AED 2.53 billion cash dividend at annual general assembly

DIB, a global Islamic financial group in the UAE, convened its Annual General Assembly (AGM), during which shareholders reviewed and approved all agenda items...

RAKBANK’s credit ratings reaffirmed by Moody’s with positive outlook maintained

Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating committee held on 18...

Cairo Amman Bank and Fuze to drive digital assets innovation after MoU agreement

Cairo Amman Bank PSC and Fuze, MENA’s regulated digital assets infrastructure provider, have signed a Memorandum of Understanding (MoU) to collaborate on innovating new...

Abu Dhabi Islamic Bank launches “Sanadna” to support frontline heroes with financial relief and banking benefits

Abu Dhabi Islamic Bank (ADIB) has launched “Sanadna”, a dedicated initiative to support the nation’s frontline personnel, recognising those who continue to serve and...

Clarity and Optimisation

What signs do you see of the growing status or importance of cash management across our region? From a regulatory standpoint, we are seeing the...

Finacle Conclave 2025: global trends transforming banking

Key Themes and Discussions The conference with the theme “Next-Gen Now: Reimagine. Recompose. Realise.”, provided a platform for industry leaders to discuss emerging technologies, digital...

Revolut launches UK bank

Revolut Bank UK Ltd has received regulatory approval from the Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank...

RAKBANK profit hit record AED 2 billion for the first time

RAKBANK said that its profit after tax hit a record AED 2.1 billion, up 16% year on year

ADCB, Ma’an partner to advance community engagement, social initiatives

ADCB is set to provide an estimated financial contribution of AED25 million over the next five years

UAE Government launches KYC platform for enhanced financial data

The UAE central bank will oversee and regulate the operations of the company managing the KYC platform

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