Arabian Gulf Business Insight on MSN

UAE banks can withstand Iran war stresses, says governor

The banking sector in the UAE and wider Gulf is financially sound and can withstand any strains caused by the Middle East conflict, according to a senior regulatory official in the emirates and a ...
By Hadeel Al Sayegh and Lawrence White DUBAI/LONDON, March 11 (Reuters) - Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, sources ...
The UAE central bank says banks and payment systems remain fully operational despite regional missile and drone attacks.
Operations in the UAE’s financial domain remain stable despite geopolitical tensions in the MENA region, with HE Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), crediting stron ...
The Emirate of Dubai in 2024 issued Law No. (1) of 2024 Concerning Tax on Foreign Banks Operating in the Emirate of Dubai. The Law’s passing is an essential step to clarify the applicability of ...
Once again, Emirates NBD walks away with the award for the Middle East’s best bank. The Dubai bank posted net profit of $3.54 billion in the full year 2022, up 40% year on year, boosted by strong ...
The UAE’s legal and financial sectors have welcomed the introduction of “Federal Decree Law No. 6 of 2025 Regarding the Central Bank, Regulation of Financial Institutions and Activities, and Insurance ...
Banks in the United Arab Emirates are phasing out one-time passwords (OTP) sent via texts and email as early as this week.
Dubai, November 24, 2009: Dubai Bank announced today that it has won a pair of significant awards from Ethos Consultancy, based on that firm's in-depth study of the service offerings at 27 leading ...
The United Arab Emirates central bank governor sought ​on Thursday to reassure that the country's financial ‌sector was ...
A Cayman Islands-based investor involved in logistics projects around the world has filed a request to Dubai’s highest court asking it to reconsider a ruling which saw it lose a multi-million-dollar ...