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Nubank in ADGM, commercial upper 6GHz launches in the UAE, and Dragon Oil makes another discovery in Egypt
Despite escalating regional tensions, the expansion of the NYSE-listed neobank is the latest in a number of international firms setting…
Mashreq launches non-resident accounts for Egyptians in the UAE
The Central Bank of Egypt has allowed Mashreq to use its KYC protocols in the UAE for non-resident accounts
Emirates NBD is one step closer to acquiring RBL Bank
A mandatory open offer will likely be triggered as soon as next week
CBUAE moves to shield banks with AED 31 bn in liquidity
Lenders with the strongest real estate ties are the most vulnerable to prolonged conflict
ADIB targets healthcare sector, more supply chain support in Abu Dhabi, Borouge International lands, long-term stay startup secures funds, India’s PB Fintech invests in UAE arm
ADIB is taking a slice of the global healthcare trade ADIB Capital, Abu Dhabi Islamic Bank’s (ADIB) DIFC-based asset management…
Emirates NBD defies credit freeze with USD 2.25 bn syndicated loan
The DFM-listed lender secured commitments from 15 banks across the US, Europe, and Asia — marking its tightest pricing on…
SIB taps market with AED 2.6 bn discounted rights issue
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GCC banks face 50% dividend haircut to preserve USD 10 bn capital safety margin -Bloomberg Intelligence
The banking sector is preparing to absorb a 5-15% hit to earnings
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