Latest Bank Headlines and News updates

Uterra to invest $20 million in Ras Al Khaimah’s first organic fertiliser project

ADX partners with Sharjah Islamic Bank to provide instant access to IPOs

Minister of Economy leads UAE delegation to France to develop economic partnerships

COP28 President-Designate highlights Japan’s role in energy transition during Tokyo GX Week

Germany's housing sector slumps into crisis

Valeriy Shevchenko felt like he made the purchase of his lifetime when he beat a queue of prospective buyers to secure a two-bedroom apartment in one of Berlin's most popular districts

Arab countries account for 60% of global Islamic financial industry: Arab Monetary Fund

Future100 secures 25 new partnerships

Sultan bin Ahmed witnesses agreement to implement 'Sharjah Sat-2'

Stock markets mixed as traders eye high interest rates for longer

Global stock markets diverged Friday as investors contemplated central bank signals that interest rates will remain high to combat stubborn inflation

TMB receives IPA to establish digital retail bank

Telenor Microfinance Bank (TMB), the operator of Pakistan’s leading digital financial services platform, easypaisa, has received In-Principle Approval (IPA) for Digital Retail Bank (DRB) license from the State Bank of Pakistan (SBP) under the Licensing and Regulatory Framework for Digital Banks

Stock markets mixed as traders eye high interest rates for longer

European and Asian stock markets diverged Friday with traders contemplating further hikes to interest rates as inflation stays high despite a recent cooling of consumer-price rises

Agricultural Bank of China ups loans for water conservancy construction

The Agricultural Bank of China, one of the country's four big state-owned lenders, said it has enhanced loan issuance to support nationwide farmland water conservancy projects

ADIB redeems $750 million perpetual Sukuk issued in 2018

UAE stocks generate strong cash flows Thursday as DFM hits 8-month high

Cybersecurity key to boosting customer confidence, developing UAE's banking and financial sector: UBF

Al Dahra Agriculture, Elite Agro Holding join ADAFSA' s Fodder Market

CBUAE maintains Base Rate at 5.40%

Stocks advance as Fed looms, UK inflation dips

Wall Street and European stock markets mostly rose Wednesday as traders gear up for an expected pause in the US Federal Reserve's interest rate hike campaign

New report by FAB, Wealth Briefing shows growing role of high-income women in MENA economies

Ru’ya, Careers UAE Redefined connects Emirati job seekers with expanded line-up of top UAE companies

IT, Telecom Ministry encourages banking sector to facilitate IT & ITES sector: Add Secy MOITT

The Ministry of Information Technology and Telecommunication (MOITT) is encouraging the banking sector to introduce products and services to facilitate the IT & Information Technology Enabled Services (ITES) sector

PSEB, SBP jointly arrange Industry Awareness Seminar

Pakistan Software Export Board (PSEB), the attached department of Ministry of IT & Telecommunication, in collaboration with the State Bank of Pakistan (SBP) and Pakistan Software Houses Association held an IT & ITeS Industry Awareness Seminar on SBP Policies, Initiatives & Schemes on Wednesday

State Bank of Pakistan (SBP) awards IPA for establishing 5 digital retail banks

The State Bank of Pakistan (SBP), in a bid to foster innovation, financial inclusion and availability of affordable digital financial services, granted in-principle approval (IPA) for establishing five digital retail banks on Wednesday

AIIB’s debut operational office opens in Abu Dhabi