Commercial Bank of Dubai (CBD) has established a new precedent for the UAE’s banking industry by becoming the first bank in Read More
Financial Services
Dubai Health Insurance System Hits Milestone with Nearly 50 Million Claims in 2025, Coverage Surpasses 4.9 Million
Dubai’s health insurance sector recorded nearly 50 million claims in 2025 and expanded coverage to over 4.9 million beneficiariesRead More
Finance
Financial Services
Dubai’s Financial Architects: Why Sheikh Hamdan’s Meeting with the Department of Finance
When H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum met with the senior leadership of Dubai’s Department of Finance Read More
The UAE Central Bank has lowered its base rate by 25 basis points to 3.90 per cent, aligning with the US Federal Reserve’s Read More
Banks
Business
Companies
Financial Services
GCC
World
FAB Named China’s Yuan Clearing Bank in GCC Region
The People's Bank of China (PBOC), China’s central bank, has signed a Memorandum of Understanding (MOU) with the First Abu Dhabi Read More
Financial Services
Business
Companies
GCC
World
DIFC Partners with IIF for Dubai Future Finance Week
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, on Thursday Read More
Business
Companies
Financial Services
Mergers and Acquisitions
US
Brookfield to Acquire Oaktree for $3 Billion
The US-based Brookfield Asset Management (BAM), which manages over $550 billion in assets under management, has announced that it will acquire approximately 26% stake Read More
Financial Services
Banks
Business
Companies
GCC
Emirates NBD Expands DirectRemit to Over 40 Countries
Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, on Monday announced that it Read More
Financial Services
Business
Companies
Digital Bank
GCC
QNB Group Secures Licence to Launch ezbank in Egypt
Doha-based QNB Group, the largest financial institution in the Middle East and Africa, has announced that it has received license approval to Read More
Business
Companies
Financial Services
Mergers and Acquisitions
World
Grupo Mexico Offers to Fully Acquire Banamex From Citi
Mexican conglomerate Grupo Mexico has submitted a binding offer to acquire up to 100% of Banamex from Citigroup, reviving negotiations that had been Read More
