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FinTech event to focus on surging digital payment demand amid pandemic
The Middle East and North Africa (MENA) region’s largest event aimed to bring innovation in financial services, the FinTech Abu Dhabi Festival, kick-started last...
First Abu Dhabi Bank to separate payments business in 2021
One of the largest banks in the UAE, First Abu Dhabi Bank (FAB) has decided to create a separate subsidiary to run its existing...
UAE Apex Bank promotes recovery with new revisions to banking ratios
The Central Bank of the UAE (CBUAE) has decided on reviewing two significant operational ratios for banks operating in UAE to encourage the implementation...
UAE Debit/Credit Card Fraud; Central Bank issues warning
UAE's central bank (CBUAE) has warned UAE banking consumers of the increased number of fraudulent activities observed since the spread of novel coronavirus pandemic...
UAE banking sector can tackle any macro-financial shocks; Central Bank
The Central Bank of the UAE (CBUAE)'s recent Financial Stability Report (FSR) states that the UAE's banking sector can withstand any form and size...
Fintechs can win $60k by solving SME issues at an Innovation Challenge
Winners of FinTech Abu Dhabi Innovation Challenge can win up to $60,000 by providing innovative solutions for pertinent issues faced by small and medium-sized...
Reviving Banks in UAE; 88% of TESS liquidity facility utilized by UAE banks.
UAE's Apex bank, Central Bank of the UAE (CBUAE) has presented encouraging numbers stating that 88% of the $13.6 billion Targeted Economic Support Scheme...
