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The Central Bank of the UAE (CBUAE) imposed a financial sanction of Dhs600,000 on a branch of a foreign bank operating in the UAE, pursuant to Article (137) of...
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from Dhs982.4 billion at the end of February 2025 to Dhs986.2 billion...
Japan’s three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan. The...
Hazem Helmy, Staff Reporter A report by the Central Bank indicates that the number of bank branches operating in the UAE decreased from 493 at the end of the...
Pakistan aims to raise up to $4 billion from Middle Eastern commercial banks by the next fiscal year, the country's central bank chief told Reuters on Tuesday, as the...
The Friday outage in the computer systems that snapped all communication and the computers went blank across airport terminals across the world, and in banking systems caused the inevitable...
One small computer bug and it’s a big disaster as the world shuts down or so it seemed on the news reports. It has been decades since the blue...
Japan’s three biggest banks forecast record income in the coming year on Wednesday, signalling increased optimism about an economy that has only just exited from years of negative interest...
A drive to shore up its political base and appeal to the less well-off lay behind the Italian government’s decision to impose a windfall tax on banks but its clumsy...
HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion,...