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Banking
ADIB's Smart Sukuk platform will allow investment in fractional bonds in smaller denominations. Khushnum Bhandari / The National

ADIB becomes first bank to join UAE's retail sukuk programme

Individuals can start with minimum investment of Dh4,000

Money

ExclusiveJP Morgan CEO says Trump's choice of next Fed chairman may affect its policy

Standard Chartered bets on affluent business to boost Middle East growth

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

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

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

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



In focus

A sandstorm engulfs Dubai's Burj Khalifa. AFP

Why has the air quality in the UAE been so poor this week?

Gecko Robotics's chief executive Jake Loosarian says the company has no immediate plans for an IPO. Antonie Robertson/The National

US tech firm Gecko Robotics aims to start making robots in the UAE by next year

Tommy Fleetwood on day two of the Abu Dhabi HSBC Championship at Yas Links. Getty Images

Fleetwood shares lead after Rai makes an albatross in Abu Dhabi Championship

A Groom and Two Brides brings in more laughs and more heart. Photo: Netflix

Groom and Two Brides review: Gulf romcom finds its rhythm on Netflix

With about 200,000 people moving to the UAE every year, job seekers could outnumber available roles. Victor Besa / The National

CommentDiscriminatory practices in UAE job listings are rare. But can they be stamped out?

Leny Yoro is only 19 but has already made an impact at Manchester United. Getty Images

Yoro enjoying Man United renaissance after 'really emotional' last season

Al Ittihad’s Ashleigh Plumptre, left, has signed a new two-year contract. Photo: Saudi Women’s Premier League

How Kelly helped Plumptre on path to success with Al Ittihad and Nigeria

Grand Theft Auto VI is set to follow Jason and Lucia’s crime-fuelled partnership. Photo: Rockstar Games

Grand Theft Auto 6 delayed yet again


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First Abu Dhabi Bank headquarters. The bank says it is entering the final quarter of the year with solid momentum and a resilient balance sheet. Wam

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

The lender says all business divisions delivered record revenue

Banking

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

Banking
ADGM will be UBS's second presence within the UAE, as it strengthens its operations in the Middle East. Photo: ADGM

UBS opens new advisory office in Abu Dhabi's ADGM as wealthy flock to the UAE

Banking

UK millionaire exodus could accelerate after November budget meeting

Economy
Yousef Al Nowais, centre, MA Yusuff Ali and Lord Udny-Lister at the Abu Dhabi–London Chamber Connect. Salim A Essaid / The National

UK firms risk ‘missing the boat’ to regain competitive edge with Abu Dhabi

Economy

Jaguar Land Rover back at work after cyber attack

UK

Low digital literacy challenges Iraq’s cashless push, FinTech boss says

Banking

UAE banks failing to meet customer expectations, PwC report finds

Banking

India's HDFC Bank banned from accepting new clients in Dubai

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King Fahd Highway in Riyadh. The World Bank's new regional office is located in the kingdom's capital. Bloomberg

World Bank boosts Middle East presence with new office in Saudi Arabia

Move acknowledges Riyadh's emergence as a 'global convener' of knowledge development

Economy

UAE Central Bank cuts benchmark borrowing rate mimicking US Fed move

Banking

Fed cuts US interest rates and signals two more reductions this year

Economy

HSBC opens wealth centre for rich clients in the UAE amid influx of millionaires

Banking

Middle East wealth market no riskier than others, says Lombard Odier

Banking

US judge blocks Trump's attempt to fire Fed governor

Economy

UK FinTech firm Revolut arrives in the UAE with regulator's approval

Money



Abu Dhabi Commercial Bank aims to double net profit to Dh20 billion within five years. Khushnum Bhandari / The National

ADCB to raise $1.6 billion from rights issue to boost asset growth

Bank plans to issue more than 592 million new shares, with offer receiving support from majority shareholder Mubadala

Markets

Customers should look beyond bonuses while transferring salaries to UAE banks

Money

ExclusiveCentral Bank of Iraq suggests delay to reform plan for private banks

Banking

Why banks hold the key to the energy transition amid oil glut

Business

UAE exchange house licence revoked for breaching anti-money laundering law

Banking

Here's why UAE banks will stop sending OTPs via texts and email

Money

UAE's largest lender FAB posts 29% jump in second-quarter profit

Banking



The UAE Central Bank has been penalising companies for breaches related to the law on anti-money laundering and counter-terrorism financing. Wam

UAE exchange house licence revoked for breaching anti-money laundering law

Malik Exchange also fined Dh2m as Central Bank cracks down on non-compliance

Banking

Here's why UAE banks will stop sending OTPs via texts and email

Money

UAE's largest lender FAB posts 29% jump in second-quarter profit

Banking

SNB reports 17% jump in second quarter profit on investment income boost

Banking

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