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DUBAI / Emirates Business
Ahli United Bank Limited (AUBL), a 100% subsidiary of Ahli United Bank B.S.C., has launched its banking operations in Dubai International Financial Centre (DIFC), UAE with an initial paid up capital of US$ 25 million. AUBL has become the first bank in the GCC region to receive the Category 1 License from the Dubai Financial Services Authority (DFSA) on 25 February. AUBL will offer an array of financial products and services to clients based in the UAE as well as in the wider Middle East region.