Finance & Banking
The finance and banking sector is a cornerstone of the UAE’s economy, characterized by dynamic growth, a robust regulatory framework and a business-friendly operating environment. The Central Bank of the UAE is the country’s primary financial regulator and oversees more than 50 banks, including local and international institutions offering both conventional and Islamic finance solutions, operating in the country. The Abu Dhabi Global Market (ADGM) and Dubai International Financial Center (DIFC) serve as key financial free zones that offer businesses and investors security of contracts, independent courts, and favorable tax regimes.
Key Players
First Abu Dhabi Bank
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions. It offers an extensive range of tailor-made solutions to provide a customized experience to more than three million customers in the UAE. Through its strategic offerings, it meets the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Emirates NBD
Based in Dubai, Emirates NBD Group is a leading financial services brand in the MENAT region, serving over 9 million active customers through operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain with representative offices in China and Indonesia. Emirates NBD also operates Liv, the fastest-growing digital bank in the region.
Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank (ADCB) is a full-service commercial bank providing over 2.4 million customers a wide range of products and services, including retail banking, wealth management, corporate and investment banking and Islamic products, among other solutions.
Future Outlook
According to S&P Global, banks in the UAE have benefited from a strong domestic economy, leading to improved asset quality metrics and lower credit losses—a trend that is expected to remain positive moving forward. Furthermore, the UAE is strategically positioning itself as a major global fintech hub and leads across digital banking in the region. This emphasis on financial technology is driving innovation and transforming the financial services landscape.
Sam Altman
Chief Executive Officer OpenAI
Sam Altman
Chief Executive Officer OpenAI