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Banking and Finance

Banking and Finance latest

ADGM Strengthens Position as MEASA’s Leading IFC With 57% Growth in AUM, over 13,000 Active Licences in Q1 2026
May 19th, 2026 - 03:58 GMT

ADGM Strengthens Position as MEASA’s Leading IFC With 57% Growth in AUM, over 13,000 Active Licences in Q1 2026

ADGM, the international financial centre of Abu Dhabi, has reported a strong start to 2026, underscored by continued expansion across its financial ecosystem and sustained global investor confidence. Surpassing a major milestone, with total active licences exceeding 13,353, of which 961 were in the first quarter of 2026 alone, ADGM has reinforced its position as the MEASA region’s largest financial centre by this metric. March 2026 also recorded a 5.2% increase in new active licences compared to March 2025, further demonstrating sustained demand and continued business confidence in ADGM. The ...
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Al Bawaba
November 4th, 2014 - 09:11 GMT

UAE Exchange Fortune Fiesta offers air tickets, iPhone 6 and cash vouchers

Al Bawaba
November 3rd, 2014 - 12:02 GMT

Emirates Islamic marks UAE Flag Day

Al Bawaba
November 3rd, 2014 - 09:33 GMT

IBQ wins “The Best Loyalty Program in MEA” at the MasterCard Innovation Forum 2014

Credit cards represent only 20% of total financial transactions, while payment upon delivery occupies the lion’s share of total online purchases.
November 3rd, 2014 - 05:55 GMT

A blessing in disguise? Only 7% of Egyptians have bank accounts

The new rules allow Islamic banks to hold a variety of instruments, ranging from sukuk issued by the Qatari government to those issued by Saudi Arabian firms.
November 3rd, 2014 - 05:55 GMT

Britian's financial sector displaying sharia-compliant tendencies

The international rating agency said the revised outlook for Jordan's rating was supported by expectations that the Kingdom's fiscal and external balances will continue to improve.
November 2nd, 2014 - 01:11 GMT

Three years later: S&P is finally convinced that Jordan is stable

Al Bawaba
November 2nd, 2014 - 10:27 GMT

NBAD provides AED1.2 billion financing to Abu Dhabi National Hotels

Al Bawaba
November 2nd, 2014 - 07:44 GMT

Doha Bank honoured with Golden Peacock Award for Sustainability

Al Bawaba
October 30th, 2014 - 04:23 GMT

Al Hilal Bank awards third 2015 Audi A8 to lucky saver

David Marshall, Senior Executive Officer, Emirates NBD Asset Management
October 29th, 2014 - 09:31 GMT

Emirates NBD Asset Management AuM doubles to AED 10.2bn

Banks all over the world are being excessively cautious as regulators have been imposing huge fines that hit their bottom line.
October 29th, 2014 - 04:55 GMT

Excessive caution? Why 'perfectly legitimate' SME's are struggling to find financing in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

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