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NMC was founded in the UAE by Indian tycoon BR Shetty, but collapsed in 2020. Getty Images

NMC Health withdraws £2bn UK lawsuit against EY

Years-long legal battle between administrators and accountancy firm ends in confidential agreement

Business

UAE trials pay-with-your-palm biometric technology

UAE's biggest bank FAB posts 24% profit rise on revenue boost

Trump sues JPMorgan and Jamie Dimon for $5bn over debanking allegations

Emirates NBD issues $1bn blue-green bond amid sustainability push

RAKBank receives initial approval to launch dirham-backed stablecoin in UAE

Mastercard grants QNB licence to resume activities in Syria



Spotlight

  • Secrets of Suite 702: Home of Muslim Brotherhood's sanctioned London network

    InvestigationSuite 702: Home of Muslim Brotherhood's London network

  • A rendering of the Dubai Loop. Initially, it is set to have four stops. Photo: Dubai Media Office

    Going underground: Can the Dubai Loop help solve traffic congestion?

  • Internet monitoring groups and expats insist that Iran's internet is still very limited and to some extent, filtered. (Reuters)

    Iran's internet slowly returns but remains heavily filtered

  • US deputy Middle East envoy Morgan Ortagus (C) raises her hand to veto a draft resolution during a United Nations Security Council meeting on the situation in Gaza, at UN headquarters in New York on September 18, 2025. The UN Security Council is slated to vote on the latest call for a ceasefire and increased humanitarian access to Gaza, a move supported by a majority seeking to act despite repeated US vetoes. (Photo by ANGELA WEISS / AFP)

    Beyond the HeadlinesIs it time for serious reform of the UN and humanitarian law?

  • Usman Nurmagomedov and Alfie Davis face off in Dubai ahead of their PFL clash. Photo: PFL

    'I will finish him': Usman sends warning to Davis ahead of PFL Dubai

  • The penthouse was sold by developer Fenton Whelan as part of the £530 million, 55-apartment Park Modern luxury development. Photo: Fenton Whelan

    Elon Musk’s xAI co-founder Igor Babuschkin buys £60m London penthouse

  • Dubai Hills Estate is one of the city's many close-knit residential communities. Ahmed Ramzan for The National

    CommentTwo lost children were found – proof Dubai always joins together when it matters

  • India opener Vaibhav Suryavanshi celebrates his century during the U19 World Cup final against England at the Harare Sports Club in Zimbabwe. Getty Images

    Suryavanshi hits 15 sixes in stunning 175 in U19 World Cup final against England


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The FTSE 100 has passed the 10,000 points mark for the first time. Getty Images

UK's FTSE breaks 10,000 mark for first time in new year rally

Blue-chip index reaches milestone after 2025 marked its best year since 2009

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Bank of Palestine receives initial approval for full banking licence from ADGM

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Private lending has faced intense scrutiny in recent months. Antonie Robertson / The National

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Masdar completed the Stockport battery energy storage project in the UK with a capacity of 20 megawatts. Photo: Masdar

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James Holder, head of Citi Private Bank for the UK, Europe, Middle East and Africa, believes the UAE is well placed to continue attracting wealthy individuals. Photo: Citi

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There are lots of incentives for investors to relocate, says senior Citi Private Bank executive James Holder

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Brits on the move: Migration figures show far more leaving than returning

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ExclusiveUAE digital lender Wio close to joining Dh100 billion club, says chief executive

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Standard Chartered group chief executive says wealth business in the Asia, Middle East and Africa region has historically grown at 9.5 per cent compound annual rate. The National

Standard Chartered bets on affluent business to boost Middle East growth

Region accounts for 5% of global AUM, which could easily grow to 20% of assets, group chief Bill Winters tells The National

Banking

ExclusiveHSBC is 'halfway through' revamp of its global business, says group CEO

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UK’s Crown Agents Bank subsidiary receives in-principle approval from ADGM

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Syria's fractured banking sector poses new challenge for US regulators

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Citigroup's Jane Fraser named board chairwoman and receives $25m stock award

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UAE's biggest bank FAB posts 21% surge in third-quarter income

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Emirates NBD to buy $3bn majority stake in India's RBL bank

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Citigroup chairwoman, then chief executive, Jane Fraser at the Milken Institute Global Conference in Beverly Hills, California, in 2023. Reuters

Citigroup's Jane Fraser named board chairwoman and receives $25m stock award

US banker was also recently named as co-chairwoman of US-Saudi Business Council

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UAE's biggest bank FAB posts 21% surge in third-quarter income

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