Trending News: Marriott International and Blacksand announce landmark deal to develop 10 hotels in Saudi ArabiaIndian embassy confirms 12 Indian nationals among the 13 killed in Ras Laffan explosionUS Secretary of State Marco Rubio to visit Bahrain, Kuwait, and UAE for regional talksOman and Iran establish joint working group on future management of the Strait of HormuzKuwait court issues sweeping verdicts in state security and money laundering casesGCC Secretary-General expresses solidarity with Qatar following tragic Ras Laffan industrial explosionPeopleStrong launches the GCC’s first AI-powered talent infrastructure platformDeepFest returns to Riyadh as Saudi Arabia marks 2026 as the ‘Year of Artificial Intelligence’e& UAE Launches 5G-Advanced Connectivity at World’s Tallest HotelSaudi Arabia introduces mandatory health screenings and occupational fitness assessments for all workersEtihad Rail to launch first passenger service on June 30 connecting Abu Dhabi and FujairahUAE expresses deep solidarity with Qatar over tragic Ras Laffan industrial explosion and offers supportQatar investigates deadly technical blast at Ras Laffan industrial zone as officials assure global markets on LNG supplySaudi Arabia reaffirms strong GCC solidarity following tragic Ras Laffan industrial explosionKuwait authorizes expatriate workers to amend job titles and educational qualificationsOman introduces sponsor-free residency visas for foreign property owners and investorsMassive explosion at Ras Laffan Industrial City LNG site leaves dozens injured and missingUAE launches AI-powered spokesperson ‘Zayed’ to lead Presidential Court digital communicationsIran closes Strait of Hormuz citing ‘enemy’s breach of promise’UAE and Qatar sign landmark data protection agreement to secure joint electronic security projectsFour Bahraini corporate dynasties secure Forbes top 100 status as regional family businesses expandKuwait redefines global charity operations by integrating artificial intelligence and smart digital platformsKuwait and Indonesia forge strategic energy alliance to secure global supply chains amid uncertaintiesSaudi Crown Prince and Pakistan PM welcome historic US-Iran military accord during strategic phone callOman leads United Nations dialogue on combating hate speech and promoting global toleranceSaudi Arabia maps over 1,200 underwater cultural heritage sites along its Red Sea and Arabian Gulf coastlinesDubai residents move morning workouts indoors as the Mallathon returns to beat the summer heatIndian passport and visa services in the UAE will pause for five days during transition to new providerUS President unveils $400 million Qatari-gifted Boeing 747 to serve as interim presidential aircraftUAE becomes first Arab nation to enter global top 10 best countries index as future growth prospects soarDubai Police dismantle major encrypted TV piracy ring in latest push to protect intellectual propertyQatar Airways resumes daily flights to Kuwait City from Terminal 4Kuwait Traffic Department issues strict warning over boat towing violationsstc and Humain partner to build 1GW AI data centers across Saudi ArabiaSaudi Arabia tourism sector hits $80 billion in spending with 123 million visitorsUAE Presidential Court launches AI spokesperson ‘Zayed’ to lead digital communicationsSaudi Arabia keeps major offshore oil fields idle amid regional security precautionsKuwait expands Sahel App to allow GCC citizens to renew Civil IDs digitallyCentral Bank of Oman waives local digital transfer fees to boost financial inclusionKuwait International Airport resumes limited flights at Terminal 4 following disruptionsSheikh Mohammed launches ‘Dubai-It’ to accelerate government and corporate executionSaudi Ministry of Human Resources honors Lulu Group for social empowerment initiativesSalalah Airport boosts flight capacity as Oman prepares integrated plan for Khareef seasonKuwait finalizes 275 million dollar contract for Shagaya solar grid infrastructureUAE New Civil Code redefines construction risk with tailored contractor hardship protectionsSaudi Supreme Court confirms Tuesday as first day of Islamic New Year 1448 AHSaudi Arabia and South Korea sign massive energy infrastructure and storage pactUAE outdoor workers adapt to peak summer heat as midday ban takes full effectUAE banks slash loan interest rates to lowest level in five yearsKuwait overhauls domestic labor rules, halting recruitment from 27 countriesGCC states welcome historic US-Iran peace deal to reopen Strait of HormuzLulu Group plans Sri Lanka hypermarkets as Chairman meets Colombo Governor in DubaiVisa study warns half of UAE consumers targeted by scams as AI retail tools surgeSaudi Transport Authority begins major crackdown on unlicensed passenger carpooling networksUAE fractional gold investment platform launches with low entry barrier of twenty-seven dollarsQatar expands national service to expat residents with cash incentives and residency pathsKuwait Manpower Authority issues final reminder for June 30 expat visa transfer deadlineTanker struck off Oman coast as hopes rise for imminent US-Iran peace accordIndian embassy in Muscat coordinates search and rescue for missing expat sailors off Oman coastAl Salam Bank launches exclusive FIFA World Cup 2026 campaign offering cash prizes to residentsQatar expands national service eligibility to expat residents offering pathway to permanent residencySaudi economy records robust 3% growth in Q1 2026 driven by non-oil sector expansionQatar Ministry of Interior concludes temporary extension policy for entry visasAl Salam Bank launches exclusive FIFA World Cup 2026 Visa campaign for Bahrain residentsBahrain LMRA intensifies nationwide labor compliance inspections to protect market stabilityKuwait Interior Ministry restricts domestic worker recruitment to 10 approved countriesFuture Oman Fund signs RO583 million deals to accelerate strategic industries and job creationRegional exchange centers report steady remittance volumes ahead of peak summer travel windowUAE corporate ecosystem attracts surge of international entrepreneurs seeking strategic relocationExpatriate residents celebrate historic multi-million prize windfalls in Abu Dhabi drawsAbu Dhabi introduces temporary 0% rental increase cap to support tenants and market stabilityUAE Ministry of Foreign Affairs implements full transition to upgraded eDAS 2.0 commercial attestation platformUAE National Centre of Meteorology issues seasonal climatic forecast and proactive advisoriesSaudi Ministry of Sport announces privatization expansion for five national sports clubsSaudi Arabia accelerates logistical network with Al Wajh International Airport expansion and new industrial rail linkGCC sovereigns demonstrate strong fiscal resilience in updated global economic assessmentsGCC Secretary General holds high-level diplomatic talks to bolster international trade tiesUAE Filipino expat community rallies following 7.8 magnitude earthquake in MindanaoSaudi eLeague 2026 concludes as Kingdom accelerates digital entertainment sectorYas Island launches nationwide appreciation initiative for UAE frontline personnelUAE and Saudi authorities intercept major narcotics shipment in joint security operationBahrain reinforces social protection and digital responsibility initiativesKuwait reinforces national security and enhances public servicesOman advances national development through Royal Decrees and strategic energy expansionQatar prioritizes health, safety, and technological advancementSaudi Arabia reinforces governance, economic development, and national vision projectsUAE advances economic diversification and talent attraction with new policiesGCC nations uphold regional stability amidst security incidents and cybercrime enforcementBahrain reviews private sector resource allocation models for corporate continuityKuwait Ministry of Education adopts flexible summer shifts for administrative staffOman implements modern digital laws and expands international energy partnershipsQatar activates mandatory summer outdoor work restrictions to protect industrial workforceSaudi Arabia reinforces labor compliance frameworks and optimizes infrastructure timelinesUAE activates enhanced visa regulations and stricter private sector wage protection frameworksLunate launches Shariah Dividend ETF as GCC construction pipeline reaches $2 trillionGulf aviation sector implements proactive flight routing adjustments for maximum safetyGCC states emphasize cybersecurity and cybercrime law compliance amid regional updatesUAE condemns Iranian missile and drone attacks on KuwaitSharjah ruler approves government jobs for 717 EmiratisBahraini stock markets react to shifting global oil prices and regional developments
Tue. Jun 23rd, 2026
Trending News: Marriott International and Blacksand announce landmark deal to develop 10 hotels in Saudi ArabiaIndian embassy confirms 12 Indian nationals among the 13 killed in Ras Laffan explosionUS Secretary of State Marco Rubio to visit Bahrain, Kuwait, and UAE for regional talksOman and Iran establish joint working group on future management of the Strait of HormuzKuwait court issues sweeping verdicts in state security and money laundering casesGCC Secretary-General expresses solidarity with Qatar following tragic Ras Laffan industrial explosionPeopleStrong launches the GCC’s first AI-powered talent infrastructure platformDeepFest returns to Riyadh as Saudi Arabia marks 2026 as the ‘Year of Artificial Intelligence’e& UAE Launches 5G-Advanced Connectivity at World’s Tallest HotelSaudi Arabia introduces mandatory health screenings and occupational fitness assessments for all workersEtihad Rail to launch first passenger service on June 30 connecting Abu Dhabi and FujairahUAE expresses deep solidarity with Qatar over tragic Ras Laffan industrial explosion and offers supportQatar investigates deadly technical blast at Ras Laffan industrial zone as officials assure global markets on LNG supplySaudi Arabia reaffirms strong GCC solidarity following tragic Ras Laffan industrial explosionKuwait authorizes expatriate workers to amend job titles and educational qualificationsOman introduces sponsor-free residency visas for foreign property owners and investorsMassive explosion at Ras Laffan Industrial City LNG site leaves dozens injured and missingUAE launches AI-powered spokesperson ‘Zayed’ to lead Presidential Court digital communicationsIran closes Strait of Hormuz citing ‘enemy’s breach of promise’UAE and Qatar sign landmark data protection agreement to secure joint electronic security projectsFour Bahraini corporate dynasties secure Forbes top 100 status as regional family businesses expandKuwait redefines global charity operations by integrating artificial intelligence and smart digital platformsKuwait and Indonesia forge strategic energy alliance to secure global supply chains amid uncertaintiesSaudi Crown Prince and Pakistan PM welcome historic US-Iran military accord during strategic phone callOman leads United Nations dialogue on combating hate speech and promoting global toleranceSaudi Arabia maps over 1,200 underwater cultural heritage sites along its Red Sea and Arabian Gulf coastlinesDubai residents move morning workouts indoors as the Mallathon returns to beat the summer heatIndian passport and visa services in the UAE will pause for five days during transition to new providerUS President unveils $400 million Qatari-gifted Boeing 747 to serve as interim presidential aircraftUAE becomes first Arab nation to enter global top 10 best countries index as future growth prospects soarDubai Police dismantle major encrypted TV piracy ring in latest push to protect intellectual propertyQatar Airways resumes daily flights to Kuwait City from Terminal 4Kuwait Traffic Department issues strict warning over boat towing violationsstc and Humain partner to build 1GW AI data centers across Saudi ArabiaSaudi Arabia tourism sector hits $80 billion in spending with 123 million visitorsUAE Presidential Court launches AI spokesperson ‘Zayed’ to lead digital communicationsSaudi Arabia keeps major offshore oil fields idle amid regional security precautionsKuwait expands Sahel App to allow GCC citizens to renew Civil IDs digitallyCentral Bank of Oman waives local digital transfer fees to boost financial inclusionKuwait International Airport resumes limited flights at Terminal 4 following disruptionsSheikh Mohammed launches ‘Dubai-It’ to accelerate government and corporate executionSaudi Ministry of Human Resources honors Lulu Group for social empowerment initiativesSalalah Airport boosts flight capacity as Oman prepares integrated plan for Khareef seasonKuwait finalizes 275 million dollar contract for Shagaya solar grid infrastructureUAE New Civil Code redefines construction risk with tailored contractor hardship protectionsSaudi Supreme Court confirms Tuesday as first day of Islamic New Year 1448 AHSaudi Arabia and South Korea sign massive energy infrastructure and storage pactUAE outdoor workers adapt to peak summer heat as midday ban takes full effectUAE banks slash loan interest rates to lowest level in five yearsKuwait overhauls domestic labor rules, halting recruitment from 27 countriesGCC states welcome historic US-Iran peace deal to reopen Strait of HormuzLulu Group plans Sri Lanka hypermarkets as Chairman meets Colombo Governor in DubaiVisa study warns half of UAE consumers targeted by scams as AI retail tools surgeSaudi Transport Authority begins major crackdown on unlicensed passenger carpooling networksUAE fractional gold investment platform launches with low entry barrier of twenty-seven dollarsQatar expands national service to expat residents with cash incentives and residency pathsKuwait Manpower Authority issues final reminder for June 30 expat visa transfer deadlineTanker struck off Oman coast as hopes rise for imminent US-Iran peace accordIndian embassy in Muscat coordinates search and rescue for missing expat sailors off Oman coastAl Salam Bank launches exclusive FIFA World Cup 2026 campaign offering cash prizes to residentsQatar expands national service eligibility to expat residents offering pathway to permanent residencySaudi economy records robust 3% growth in Q1 2026 driven by non-oil sector expansionQatar Ministry of Interior concludes temporary extension policy for entry visasAl Salam Bank launches exclusive FIFA World Cup 2026 Visa campaign for Bahrain residentsBahrain LMRA intensifies nationwide labor compliance inspections to protect market stabilityKuwait Interior Ministry restricts domestic worker recruitment to 10 approved countriesFuture Oman Fund signs RO583 million deals to accelerate strategic industries and job creationRegional exchange centers report steady remittance volumes ahead of peak summer travel windowUAE corporate ecosystem attracts surge of international entrepreneurs seeking strategic relocationExpatriate residents celebrate historic multi-million prize windfalls in Abu Dhabi drawsAbu Dhabi introduces temporary 0% rental increase cap to support tenants and market stabilityUAE Ministry of Foreign Affairs implements full transition to upgraded eDAS 2.0 commercial attestation platformUAE National Centre of Meteorology issues seasonal climatic forecast and proactive advisoriesSaudi Ministry of Sport announces privatization expansion for five national sports clubsSaudi Arabia accelerates logistical network with Al Wajh International Airport expansion and new industrial rail linkGCC sovereigns demonstrate strong fiscal resilience in updated global economic assessmentsGCC Secretary General holds high-level diplomatic talks to bolster international trade tiesUAE Filipino expat community rallies following 7.8 magnitude earthquake in MindanaoSaudi eLeague 2026 concludes as Kingdom accelerates digital entertainment sectorYas Island launches nationwide appreciation initiative for UAE frontline personnelUAE and Saudi authorities intercept major narcotics shipment in joint security operationBahrain reinforces social protection and digital responsibility initiativesKuwait reinforces national security and enhances public servicesOman advances national development through Royal Decrees and strategic energy expansionQatar prioritizes health, safety, and technological advancementSaudi Arabia reinforces governance, economic development, and national vision projectsUAE advances economic diversification and talent attraction with new policiesGCC nations uphold regional stability amidst security incidents and cybercrime enforcementBahrain reviews private sector resource allocation models for corporate continuityKuwait Ministry of Education adopts flexible summer shifts for administrative staffOman implements modern digital laws and expands international energy partnershipsQatar activates mandatory summer outdoor work restrictions to protect industrial workforceSaudi Arabia reinforces labor compliance frameworks and optimizes infrastructure timelinesUAE activates enhanced visa regulations and stricter private sector wage protection frameworksLunate launches Shariah Dividend ETF as GCC construction pipeline reaches $2 trillionGulf aviation sector implements proactive flight routing adjustments for maximum safetyGCC states emphasize cybersecurity and cybercrime law compliance amid regional updatesUAE condemns Iranian missile and drone attacks on KuwaitSharjah ruler approves government jobs for 717 EmiratisBahraini stock markets react to shifting global oil prices and regional developments
Tue. Jun 23rd, 2026

UAE: Banks Federation Approves 2026 Strategy to Bolster Economic Resilience

  • UAE
  • April 27, 2026

The UAE Banks Federation (UBF) has officially approved its 2026 strategy during its Annual General Meeting today, focusing on reinforcing the nation’s status as a premier global financial hub. The strategy highlights the sector’s robust growth, with total assets reaching AED 5.4 trillion and a credit portfolio expansion of 17.9% over the past year. Under the guidance of the Central Bank, the federation aims to further enhance digital integration and financial stability to support the UAE’s long-term strategic economic objectives.

Source: WAM (Emirates News Agency)

    • Staff Writer (Aw)

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