Arada Developments, rated B1 by Moody’s and B+ by Fitch, has mandated banks for a sukuk issuance, joining a growing number of property developers tapping debt markets to capitalise on a construction ...

Starting July 25, 2025, banks across the UAE will begin phasing out OTPs sent via SMS and email. This change will roll out gradually over the next 20 months, with a full phase-out expected by March ...

Emirates NBD, Dubai's biggest bank by assets, reported on Thursday a 9% fall in its first-half net profit, as lower ...

Tesla has reported another drop in quarterly profits as CEO Elon Musk warned the company could face a few 'rough' quarters ...

Customers of UAE banks will no longer receive one-time passwords for online financial transactions through SMS and email starting on Friday, according to messages seen by The National. Instead of the ...

Amidst trade uncertainties and mixed earnings, Gulf markets have experienced a dip, reflecting cautious investor sentiment as they navigate the complexities of global trade policies. In such an ...

Traditional OTP methods, delivered via SMS or email, are increasingly vulnerable to phishing, SIM swapping, and SS7 protocol exploits. To counter these threats, the CBUAE is mandating the adoption of ...