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Banking

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

The branch was found to have repeatedly breached anti-money laundering and counter-terrorism financing laws. Photo: Wam

UAE fines foreign bank branch Dh200 million

UAEOctober 30, 2026

HSBC group chief executive Georges Elhedery says the bank remains optimistic about growth prospects. Antonie Robertson/The National

HSBC confident about its Gulf property sector exposure amid war volatility

BankingOctober 26, 2026

A bank customer holds a Lebanese flag during a protest in Beirut on April 13, 2022. Customers were demanding that they be allowed to withdraw deposits that were blocked amid the country's economic crisis. EPA

Lebanon’s battle for sovereignty must extend to its banks

CommentOctober 21, 2026

BR Shetty alleges Bank of Baroda officials ignored anti-money laundering warnings and accepted documents bearing forged signatures. Ravindranath K / The National

Bank of Baroda says it will 'defend interests' after BR Shetty's $15bn lawsuit

BusinessOctober 14, 2026

Bruno Le Saint, chief executive of Natixis CIB for Asia Pacific and Middle East, says its regional business is expected to grow by at least 10 per cent next year. Photo: Natixis CIB

French lender Natixis CIB expects double-digit growth in Middle East and Asia

BankingOctober 09, 2026

UAE Central Bank governor Khaled Balama, right, with Central Bank of Egypt governor Hassan Abdalla during the signing of the agreement. Photo: CBUAE

UAE and Egypt renew Dh5bn currency swap deal

BankingSeptember 29, 2026

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

India's three-day bank strike could impact 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

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

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