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ABK-UAE becomes first Kuwaiti and GCC bank to obtain ADREC licence for real estate escrow agent in Abu Dhabi

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Reach by Gulf News·27 days ago
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ABK-UAE becomes first Kuwaiti and GCC bank to obtain ADREC licence for real estate escrow agent in Abu Dhabi PARTNER CONTENT Licence allows ABK-UAE to offer specialised banking solutions that strengthen its presence Last updated: May 06, 2026 | 07:00 4 MIN READ Strengthening its role as a trusted financial partner, Al Ahli Bank of Kuwait – United Arab Emirates (ABK-UAE) has been appointed to act as an Escrow Account Agent in Abu Dhabi by the Abu Dhabi Real Estate Centre (ADREC). With this appointment, the bank becomes the first Kuwaiti and GCC bank to obtain this licence, reinforcing the alignment between the bank’s strategic direction and the Abu Dhabi Government’s vision to provide a secure and well-regulated investment environment.…

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