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CitiBank and Emirates NBD launch 24/7 USD clearing service in the UAE and Saudi
The service will facilitate USD cross border payments 24/7 daily
Emirates NBD’s REIT’s net income dips in FY 2023/2024
Gross income jumped to USD 34.5 mn during the quarter
Emirates NBD’s asset management arm launches its debut public fund in DIFC
FundStar’s investors will have access to foreign funds in highly regulated jurisdictions
Damac, Rotana make int’l expansion push. PLUS: Lots of news from the Dubai Fintech Summit,
Also: Abu Dhabi regulates small farms and Sharjah announces Al Badayer redevelopment
Mashreq, Emirates NBD, ADCB, and United Arab Bank post solid 1Q earnings
The banks continue to post robust earnings, following a record-breaking year for Emirati banks’ bottom lines
Seven Emirati banks feature in Forbes Middle East’s 30 most valuable banks in MENA list
The aggregate market value of the Emirati banks on the list is USD 128.7 bn
Emirates Islamic closes USD 500 mn Murabaha loan
The bank will use the funds to expand its Islamic financing services
Dubai Cable Company expands to 20 new countries
PLUS: Emirates NBD rolls out new card for high-net-worth individuals
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