GCC banks eye $100bn upside from agentic AI - banks upside

GCC banks eye $100bn upside from agentic AI

The banking industry cannot continue tinkering with AI, it needs to embrace expertly designed systems that can address real world problems, says Patrick Sullivan, CEO of Parliament Street think tank The post GCC banks eye $100bn upside from agentic AI appeared first on Gulf Business.

Editorial Team  |   |  2 mins read
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Pegula and Krawczyk swap forehands for fairways at Topgolf ahead of Dubai Duty Free Tennis Championships - pegula krawczyk

e& money opens a new era in financial access following Finance Company License

Dubai, 11th February 2026 – e& money today announced the beginning of a bold new era in its journey to reshape digital finance in the UAE, following the approval of a Finance Company license from the Central Bank of the UAE. This milestone marks more than an expansion of services. It signals a shift in ambition from enabling transactions to unlocking financial opportunity. Over the past years, e& money has transformed how people pay, send, and spend. Today, more than 2 million customers rely on the app for everyday payments, international remittance, and card spending making it one of the UAE’s most inclusive digital payment ecosystems wit

Editorial Team  |   |  6 mins read
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Ministry of Finance to implement amendments to the Tax Procedures Law Starting Early 2026 - ministry finance

Ministry of Finance to implement amendments to the Tax Procedures Law Starting Early 2026

United Arab Emirates, 29 November 2025 The Ministry of Finance has announced the issuance of Federal Decree-Law No. (17) of 2025 amending certain provisions of Federal Decree-Law No. (28) of 2022 on Tax Procedures, as part of the UAE’s continuous efforts to enhance the efficiency of the tax system and strengthen the principles of transparency and fairness in tax transactions. The amended law will come into effect on 1 January 2026. Enhancing Financial Discipline The amendments aim to establish a clearer and more structured legal framework for tax obligations and procedures, including regulating the timeframe for requesting refunds of

Mahdeehassan  |   |  3 mins read
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