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 cuts interest rates after US Federal Reserve decision

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

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

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

Banking

HSBC in East-West split as part of major overhaul

Banking

FAB posts third-quarter profit rise on international revenue boost

Banking
Founded in 2012, Odeabank is Turkey’s 13th largest private bank by gross loans and customer deposits. Alamy

Abu Dhabi's ADQ acquires 96% stake in Bank Audi's Turkish subsidiary

The deal marks ADQ’s latest move to expand its portfolio in the banking sector in Turkey

Banking

Can banks block end-of-service gratuity owing to an unlisted employer?

Money

Look beyond the headline interest rate when choosing a mortgage

Money

US investment firm Nuveen opens office in ADGM

Business

UAE customers complain as banks issue credit cards without proper ID

Money

Mastercard expands AI initiative that detects scams in real-time

Business

Gulf central banks join Fed in cutting interest rates

Banking
Only allow a known professional entity to take a copy of your ID. Pawan Singh / The National

UAE customers complain as banks issue credit cards without proper ID

Fraudsters are replicating identity documents to apply for new debt

Money

Mastercard expands AI initiative that detects scams in real-time

Business

Gulf central banks join Fed in cutting interest rates

Banking

UAE Central Bank fines lender $1.36m

Banking

Iranian politicians' debate over sending aid to California is revealing

Bred Abu Dhabi returns with The Synaptik, Asayel and Karim Osama

UAE expands Cepa network to shield economy amid trade risks

Solskjaer off to winning start at Besiktas but hard work lies ahead

Why Microsoft sees UAE as ‘hugely important hub’ for AI

Withdrawal of US support in Syria would be ‘nightmare’ in fight against ISIS, says commander of allies

ADCB reports 38% jump in fourth-quarter profit on higher interest income

Dubai Investments acquires 9% stake in UK-based digital lender Monument Bank

Standard Chartered expects fivefold increase in ventures portfolio to $5bn by end of decade

Future of banking is AI-driven and ADIB is ready to evolve, CEO says

Elon Musk’s hand gesture at Trump inauguration event draws scrutiny

Elon Musk’s hand gesture at Trump inauguration event draws scrutiny

Scores killed in Turkish ski resort fire

Scores killed in Turkish ski resort fire

Trump threatens sanctions on Russia if Putin fails to negotiate on Ukraine

Trump threatens sanctions on Russia if Putin fails to negotiate on Ukraine

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