The UAE's central bank has imposed a hefty penalty against two branches of foreign banks operating inside the country. These financial sanctions were issued in accordance with the anti-money ...

The Central Bank of the UAE (CBUAE) imposed financial sanctions on two branches of foreign banks operating in the UAE, amounting to Dhs10,600,000 for the first bank and Dhs7,500,000 for the second ...

Business and Corporate banking spectrum with a network of 40 branches and 229 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first ...

Business and Corporate banking spectrum with a network of 40 branches and 229 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first ...

With the new additions, the bank will have a total count of about 58 to 60 branches, with two each in Abu Dhabi and Sharjah and the rest in Dubai. After the full integration, UAE’s third largest ...

Investment bank China International Capital Corporation (CICC) has officially launched its branch at Dubai International Financial Centre (DIFC), strengthening China’s financial presence in the ...

This development is in line with Deutsche Bank's strategy to enhance its operations in the UAE. The bank aims to ... senior manager for the new ADGM branch, with responsibility for managing ...

The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank’s (DIB) Golden Jubilee and to honor its achievements in the banking sector since its ...

On Tuesday, Jefferies analysts initiated coverage on Alinma (TADAWUL: 1150) Bank stock (ALINMA:AB) with a Hold rating and set a price target of SAR29.50.The analysts noted that Alinma Bank has ...

UAE central bank fines exchange house AED 100 million over AML compliance failures. Image: Shutterstock The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED100 million on an ...

WAM Dubai: The Central Bank of the UAE (CBUAE) has imposed a financial sanction of Dh3.5 million on an unnamed exchange house for failing to comply with anti-money laundering and counter-terrorism ...

“The Central Bank of the UAE’s unwavering commitment to stability, innovation, and sustainable growth has been instrumental in positioning the UAE as a leading global financial hub. Its ...