Our Priority Remains to Focus on the Safety of Our Employees and Customers, and to Protect the Interests of Investors and Depositors. In light of the escalating military conflict in the Middle East, National Bank of Kuwait (NBK) is issuing an operational and financial update to its stakeholders. NBK’s priorities remain firmly anchored in safeguarding […]
Dubai, United Arab Emirates, Empire Markets Financial Services (FXEM) has announced that it has obtained a Securities and Commodities Authority (SCA) licence Category 5 in the United Arab Emirates (licence number 20200000254), strengthening its local presence and supporting regulated client engagement across the UAE. The milestone reflects FXEM’s focus on operating within a recognised regulatory framework […]
Dubai, United Arab Emirates: The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC) has announced the temporary closure of Nasdaq Dubai, effective Monday, 2 March 2026 and Tuesday, 3 March 2026. Nasdaq Dubai is the international financial exchange based in the DIFC, providing a platform […]
In implementation of its supervisory and regulatory role over the UAE capital markets, and pursuant to the applicable laws and regulations, the UAE Capital Market Authority announces that the UAE capital markets, (Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM)) will be closed on Monday, 2 March and Tuesday, 3 March 2026. The […]
Abu Dhabi: The Central Bank of the United Arab Emirates (CBUAE) has issued a guidance note on the consumer protection and responsible adoption and use of artificial intelligence and machine learning by licensed financial institutions operating in the UAE. This step reflects the CBUAE’s proactive supervisory approach and its commitment to keeping pace with rapid developments […]
The UAE Central Bank and Abu Dhabi-based artificial intelligence company Core42 are to build a sovereign financial cloud services infrastructure. The UAE-based system is supported by “centralised, highly secure, dedicated and isolated infrastructure”, the central bank said in a statement on Wednesday. This will ensure data sovereignty, boost operational agility and provide protection against cyber threats, while […]
Source: Zawya Abu Dhabi has mandated banks for its first sovereign deal of 2026, a dual-tranche dollar-denominated benchmark issuance, with IPTs at UST+50 bps for the five-year bond, and UST+55bps for the 10-year. Abu Dhabi Commercial Bank, Bank of China, BofA Securities, BNP PARIBAS, Emirates NBD Capital, First Abu Dhabi Bank, Goldman Sachs International, HSBC, […]
New data shows residents are proactive “self-learners” and open to smarter tools to strengthen their financial wellbeing 46% of respondents report moderate to low confidence in managing their money Dubai, United Arab Emirates – [26 February, 2026] – New consumer research by YouGov for Revolut, the global fintech with over 70 million customers worldwide, suggests a […]
San Francisco, United States – Syria’s Ministry of Communications and Information Technology (MOCT) and Visa, a global leader in digital payments, signed a cooperation agreement to support the country’s transformation and the development of a modern and inclusive digital economy. The agreement was signed at Visa’s headquarters in San Francisco, attended by His Excellency Abdulsalam Haykal, Minister […]
DUBAI, United Arab Emirates: Rewa has officially launched its digital rent payment and rewards app across the UAE, giving tenants a simpler way to pay rent and finally get something back from their largest recurring expense. The launch follows the successful close of Rewa’s seed funding round, backed by Qatar Development Bank, Plug and Play, Neocity […]