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An HSBC bank branch in London. Despite its high-flown status, the bank nearly brought down the industry in the UK and imperiled operations in many other places. EPA

CommentHSBC's Lebanese troubles make the case for top-level accountability

Global yet local bank has suffered multiple regulator fines but no one in management has taken responsibility

Opinion

Lebanese depositors to get frozen funds back over time, Economy Minister pledges

KKR appoints David Petraeus as Middle East chairman amid regional expansion push

ExclusiveRAKBank of the future: A tech firm with balance sheet and a big heart

UAE Central Bank follows Fed move to keep interest rates unchanged

Investcorp buys majority stake in German logistics consultancy Miebach

Mastercard users report issues with online payments globally



In focus

There has been a call to investigate crashes from an analysis of the cause, rather than merely who was responsible. Getty Images

The long hard road to halving the number of traffic deaths worldwide

Cosmin Olaroiu guided Sharjah to the AFC Champions League Final Two title on Sunday. Khushnum Bhandari / The National

Cosmin Olaroiu eyes UAE World Cup qualification next after Sharjah triumph

Saudi Arabia is home to 1.8 million camels, providing plenty scope to utilise natural biowaste for research and potential medical treatments. Reuters

Osteoarthritis pain could be treated with camel placenta, scientists say

The Al Etihad Credit Bureau's data is used by banks and other lenders to assess applications for credit. Silvia Razgova / The National

‘Will a missed loan payment affect my UAE credit score?’

Kashmiri women grieve inside their house damaged after cross-border shelling from Pakistan, at Salamabad village in Uri, north of Srinagar. EPA

CommentIndia and Pakistan need to engage with each other again

Elham Ali at the Red Sea Film Foundation's Women In Cinema gala. Getty

Love is Blind Habibi host Elham Ali plans big future in Saudi cinema

Arsenal's Declan Rice celebrates after scoring his side's opening goal during the English Premier League soccer match between Arsenal and Newcastle United at Emirates stadium in London, Sunday, May 18, 2025.  (AP Photo / Kirsty Wigglesworth)

Premier League: Arsenal edge Newcastle to seal top-five spot

Austrian singer Johannes Pietsch wins Eurovision 2025. Reuters

'Dreams really do come true': Former Dubai resident JJ on winning Eurovision


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Bernard Mensah, President of International at Bank of America.  Bloomberg via Getty Images

ExclusiveBank of America sees deals slowdown as investors wait for Trump

A sense of the 'new playing field' is needed as global bank chiefs arrive in Dubai for annual global summit

Banking

UAE Central Bank follows Fed in keeping interest rates steady

Banking
New Central Bank rules will mark a shift in how property buyers in the UAE obtain mortgage finance. AP

UAE buyers to pay higher upfront property costs as Central Bank issues new orders

Property

Millionaires head for UAE as they quit UK amid tax hikes

UK
Federal Reserve vice chairman for supervision Michael Barr said there was 'the risk of a dispute over the position'. AP

Federal Reserve's top bank regulator to step down early to avoid Trump clash

Banking

Oman appoints new central bank governor

Banking

Syria’s new central bank head faces monumental task with economy in turmoil

Economy

ExclusiveFuture of banking is AI-driven, Abu Dhabi Islamic Bank CEO says

Banking

How will US Fed rate cut affect UAE mortgages?

Money



The UAE Central Bank typically aligns its interest rate decisions with those of the Fed due to the dirham's peg to the US dollar. Ryan Carter / The National

UAE Central Bank lowers interest rates following US Federal Reserve move

Regulator cuts base rate for overnight deposit facility by 25 basis points

Economy

InterviewUBS not reliant on blue sky scenarios for growth in Middle East, CEO says

Banking

ExclusiveDubai's DIB open to acquiring other banks and FinTech businesses

Banking

Bitcoin Mena: Crypto could be ‘revolutionary step’ for Islamic finance

Technology

ExclusiveJamal Al Kishi's second stint at Deutsche Bank is all about growth

Banking

UAE launches digital KYC platform to boost financial transparency

Banking

Citi gets approval from Saudi Arabia for regional headquarters in Riyadh

Banking



Aaron Kless, managing partner and chief investment officer of Andalusian Credit Partners, left, and Roger Ferguson, the company's executive chairman, at the Abu Dhabi Global Market. Photo: Andalusian Credit Partners

ExclusiveAndalusian to open first global office in UAE by early 2025

It is among a raft of companies looking to capitalise on regional liquidity and investment in emerging asset classes such as private credit

Banking

Crypto and Wall Street antagonist to lead Democrats on powerful Senate committee

US

Standard Chartered expects ventures portfolio to reach $5bn by end of decade

Banking

UAE Central Bank cuts interest rates after US Federal Reserve decision

Economy

Barclays sells its shares in Israeli defence firm Elbit

Banking

Can Islamic finance take advantage of open banking?

Banking

ADCB’s third-quarter net profit surges 23% on lower impairment charges

Banking



Pro-Palestinian protesters demonstrate against Barclays's purchase of Tesco Bank outside the Royal Courts of Justice in London. EPA

Barclays sells its shares in Israeli defence firm Elbit

The move follows a campaign by activists pressuring the bank to end its involvement with the defence company

Banking

Can Islamic finance take advantage of open banking?

Banking

ADCB’s third-quarter net profit surges 23% on lower impairment charges

Banking

HSBC: Why the world's local bank is no longer 'thriving together'

Banking

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Your guide to the arts and culture scene in the UAE


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PKK leader calls for healing of 'broken' Turkey-Kurdish ties

Forest hunt Champions League spot but West Ham are left with that empty feeling

The long hard road to halving the number of traffic deaths worldwide

PGA Championship talking points: Scheffler wins third major, Rahm fades away

2012 Olympics kids are UK's most upwardly mobile

UK-EU defence pact: Starting gun for growing European military power

Adnoc awarded contracts worth $17.9bn in first half of 2025

Saudi Arabia to invest $600bn in the US as countries sign 'largest defence deal in history'

New Zealand shows starting a business can be pain free

'Airbnb for warehouses' start-up Cargoz experiences surge in Dubai business

Trump's $1 billion Dubai Tower project to accept crypto payments

Dubai Holding to list its residential Reit on DFM

 US President Donald Trump reflects on UAE trip

US President Donald Trump reflects on UAE trip

Two killed as ship crashes into Brooklyn Bridge

Two killed as ship crashes into Brooklyn Bridge

Arab League summit begins in Baghdad with focus on Gaza

Arab League summit begins in Baghdad with focus on Gaza


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