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Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister, Chairman of the Presidential Court and Chairman of Central Bank of the UAE, inaugurates Jaywan, the UAE’s first national domestic card scheme, operated by Al Etihad Payments. Photo: WAM

UAE banks and financial institutions start issuing Jaywan cards to customers

FAB and CBD among the first lenders to start issuing the cards to consumers

Business InsightRates are heading up again, and the Gulf will feel it fast

Dubai drops seven places in global ranking of costliest cities for ultra-rich

ADCB says mobile banking restored for most customers after disruption

UAE Central Bank fines foreign bank Dh1.8m for regulatory breach

ADCB services remain disrupted as several branches extend hours to help customers

Some ADCB banking services resume after disruption

Spotlight

AnalysisUS air defences under strain as Iranian strikes expose vulnerabilities
Slick Jumeirah Carlton Tower offers personalised service in Knightsbridge
UAE provides solar-powered health centres to help 200,000 people in India
Saudi Arabia introduces one-year multiple-entry Umrah visa
Jordan flight cancellations continue as Iranian attacks disrupt air travel
Former England, Liverpool and Newcastle star Keegan dies aged 75
UAE water tech start-up's young innovators graduate from programme
00:32
Emirates unveils viral economy seat that promises better sleep

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Before taking the Fed’s top job, Kevin Warsh argued that AI could become a powerful disinflationary force. Bloomberg

Business InsightsWhy the Fed is not ready to bet on AI just yet

Investors have poured capital into AI-related companies assuming the technology will eventually deliver big productivity gains

Standard Chartered to sell Bahrain retail operations to focus on larger markets

Iraq's new central bank governor Nazar Nasser Hussein, left, and former governor Ali Al Alaq, right, attend the official handover ceremony with Prime Minister Ali Al Zaidi, centre. Photo: Iraq Prime Minister's Office

Iraq appoints new central bank governor amid financial strain and reform push

ExclusiveGulf region set for postwar IPO boom, says HSBC Menat chief executive

Arada's 100 Avenue Road project in north-west London. Photo: Arada

Arada unveils first London residential project in UK expansion push

ExclusiveJP Morgan deploys $20bn in Gulf region since beginning of Iran war

HSBC charged in French probe over Lebanese central bank embezzlement case

On The RecordRussian banker condemns asset seizures and calls for quick Ukraine peace deal

Emirates NBD and FAB lead responsible AI index for Middle East and Africa

Standard Chartered chief executive Bill Winters drew criticism with comments related to AI and employees.

Standard Chartered CEO apologises for 'lower-value human capital' comments but says AI layoffs need discussion

Bill Winters says 'we have a responsibility to help colleagues move into higher-value roles'

GCC strikes milestone $5bn free-trade deal with UK

ExclusiveFormer Bank of England chief warns Burnham over boosting debt for growth

Global banks are becoming too large for states to rescue

Fears of UAE capital flight due to war entirely overblown, says banking boss

Mubadala invests $325m in UK wind farm that will power more than 3 million homes

Relief for more than 65,000 bank customers affected by war

Mashreq chairman Abdul Aziz Al Ghurair said the banking sector has remained resilient amid the Iran war. Chris Whiteoak / The National

ExclusiveBanks are ready to support UAE's next phase of growth, Al Ghurair says

Country is focused on manufacturing domestically, Mashreq chairman tells The National

First Abu Dhabi Bank and Emirates NBD report strong first-quarter earnings

'I got stuck in traffic, it's a healthy sign': Goldman banker on UAE commitment

IMF-World Bank meeting overshadowed by war, volatility and fragmentation

UAE and Bahrain strike Dh20bn currency swap deal to boost financial stability

Business InsightsUS dollar's resilience masks its deepening structural risks

Emirates NBD raises $2.25bn in show of investor confidence during war

The central bank governors of the UAE and Bahrain sign the five-year agreement on Wednesday. Wam

UAE and Bahrain strike Dh20bn currency swap deal to boost financial stability

The five-year arrangement is expected to support liquidity in local currencies and enable cross-border transactions

Business InsightsUS dollar's resilience masks its deepening structural risks

Emirates NBD raises $2.25bn in show of investor confidence during war

UAE financial sector can weather impact of Iran war, executives say

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