Dubai has announced another significant step towards becoming one of the world’s leading cashless cities, setting a target for 90% of all Read More
Melqart Asset Management, a London-based hedge fund founded by Michel Massoud, is on the verge of opening a branch office in Dubai. Read More
Commercial Bank of Dubai (CBD) has established a new precedent for the UAE’s banking industry by becoming the first bank in Read More
Dubai’s Leading Arabic App Development Firms Fuel Digital Transformation & Enterprise Growth
Dubai’s mobile app development sector is emerging as a key driver of the UAE’s digital economy, supporting enterprise innovation, smart Read More
Dubai’s Race to Instant Banking: Why the Unified Licence Cutting Business Bank Account
Dubai’s new Unified Licence system has slashed business banking (bank-account) opening times from 65 days to just five, signaling a major leap Read More
AIIB Sign Pact with Four Malaysian Banks to Raise $6 Billion
The Asian Infrastructure Investment Bank (AIIB) on Thursday said that it has signed agreements with Malaysian banks - Maybank, CIMB, AmBank and Read More
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
Huntington to Acquire Cadence Bank for $7.4 Billion
The spree of mergers in the US banking sector continued with the Columbus-headquartered Huntington Bancshares Inc., on Monday announcing that it has Read More
Increase in operating expenses, mainly from notable items in the third quarter, including legal provisions of $1.4 billion, the HSBC Holdings on Tuesday Read More
Driven by higher non-interest income, which contributed upwards of 30% of total income, and a sustainable margin on a consistently growing balance sheet, Read More










