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Banking

Latest updates on the banking sector - UAE, regional, Islamic and global bank news

Lulu Exchange at Madinat Zayed Shopping Centre. Victor Besa / The National

Three-day bank strike next week: How it impacts Indian residents in UAE

UAESeptember 25, 2026
Bank Melli Iran has eight branches, including a regional office, in the UAE. Ravindranath K / The National

UAE Central Bank bars Bank Melli Iran from conducting transactions

BusinessSeptember 23, 2026
Hackers used legitimate government email addresses to socially engineer data extraction from Revolut, experts say. Reuters

Lessons must be learnt from cyber attack on Revolut, experts warn

TechnologySeptember 21, 2026
The First Iraqi Bank's growth has increasingly been driven by one of the simplest digital tools: QR payment. Photo: FIB

How Iraq’s first digital bank is reshaping cash-driven economy

MENASeptember 20, 2026
Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, with Citigroup's Jane Fraser. Photo: Wam
Play

Sheikh Khaled meets Citigroup CEO to discuss banking sector co-operation

UAESeptember 14, 2026
Your bank account should be the last thing you close when leaving the UAE on a permanent basis. Getty Images

'How can I reclaim my utility deposit after closing my UAE bank account?'

MoneySeptember 04, 2026
Rami Kaiem is the co-founder of the My Syria super app. Courtesy: Ahmad Fallaha

Dubai’s e-commerce playbook heads to Syria

TechnologyAugust 26, 2026
Bank customers are increasingly relying on tech-powered services, which in turn compels lenders to stay ahead of the curve. Antonie Robertson / The National

Banks can't afford to fall behind on AI. But can they afford for it to fail?

BankingAugust 25, 2026
Nvidia chief executive Jensen Huang says of the six global financing companies he called, none turned down his proposal for the AI infrastructure funding pool. Reuters

AI infrastructure rises from niche to global asset class with $500bn Nvidia deal

BankingAugust 14, 2026
The UAE Central Bank has issued a directive prohibiting all licensed financial institutions from using messaging apps like WhatsApp for customer-facing financial communications and data sharing. Nick Donaldson / Getty Images

'Should I trust a loan offer sent on WhatsApp by a bank in the UAE?'

MoneyAugust 07, 2026
Critical infrastructure for electrification is one of the sectors KKR seeks to tap into in North America. Reuters

KKR raises $19.2bn for infrastructure fund

BankingAugust 03, 2026
Jaywan cards support contactless payments, online purchases and cash withdrawals. Photo: Al Etihad Payments

UAE expands federal payment channels with Aani and Jaywan

BankingAugust 03, 2026
Emirates NBD has consolidated its market presence through acquisitions. Chris Whiteoak / The National

Emirates NBD signs deal to buy HSBC's retail operations in Egypt

BankingAugust 02, 2026
Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of Central Bank of the UAE, inaugurates Jaywan, the UAE’s first national domestic card scheme, operated by Al Etihad Payments. Photo: WAM

UAE banks and financial institutions start issuing Jaywan cards to customers

MoneyJuly 20, 2026
A boy receives a haircut on the Corniche in Beirut. AFP

'We have no future here': Lebanese families tell story of nation in collapse

MENAJuly 19, 2026
Revolut plans to launch a full suite of services for clients in the UAE. Bloomberg

Revolut receives Vara approval to offer crypto services in the UAE

MoneyJuly 15, 2026
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