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UAE strengthens oversight with new Anti-Money Laundering measures, risk assessments

The National Committee for Anti-Money Laundering, Combating the Financing of Terrorism and Proliferation Financing, adopted, during its second meeting of 2026, a comprehensive set of qualitative decisions and initiatives...

World Bank approves $225 million financing to restore water, health services in Syria

24 Apr 2026

The World Bank Board of Executive Directors approved today US$225 million in grant financing from the International Development Association (IDA) to support Syria to enhance the delivery of public...

ASM secures Dhs760 million financing facility from ADCB

09 Jul 2025

Al Seer Marine (ASM), a subsidiary of IHC, has secured Dhs760 million ($207 million) financing facility from Abu Dhabi Commercial Bank (ADCB). The eight-year facility is secured through first-priority...

DIB arranges $1 billion sovereign financing for Pakistan

08 Jul 2025

Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, has announced the successful completion of a landmark $1 billion syndicated term-finance facility for...

Emirates Islamic delivers highest ever first 9-month profit of Dhs2.5b up 52% y-o-y in 2024

17 Oct 2024

Emirates Islamic achieved its highest ever profit of Dhs 2.5 billion for the first nine month of 2024, a remarkable 52% increase y-o-y. Income for the year surged by 16% reaching...

UAE continues drive to combat money laundering, terrorism financing

29 Sep 2024

The United Arab Emirates has intensified its efforts to combat money laundering and terrorism financing, implementing effective measures to tackle financial crime in line with international best practices, further...

Egypt, EU ink four financing agreements

30 Jun 2024

Egypt’s Prime Minister Moustafa Madbouli witnessed the inking of four agreements financed by grants provided by the European Union (EU). This came on the fringe of the Egypt-EU Investment...

Ministry of Finance participates in 2024 IsDB Group Annual Meetings

30 Apr 2024

The Ministry of Finance (MoF) participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held from April 27th to 30th, 2024 in Riyadh, Saudi Arabia. This year’s annual...

Experts reveal steps to reform international climate finance

16 Aug 2023

A two-day meeting of world leading economists and finance leaders convened by the COP28 Presidency has delivered consensus on the key next steps needed to establish a new framework for...

UAE, Egypt discuss cooperation to counter money laundering and terrorist financing

04 Aug 2022

Hamid Al Zaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF), has met with Ahmed Khalil, Chairman of the Board of Trustees of...

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