Credit growth in the UAE’s banking sector, a key indicator of overall economic growth, surged to almost Dh2.0 trillion in the first quarter despite rising ..
Abu Dhabi court obliges bank to pay its client Dhs98,667 for charging unjustified fees
The appellant’s lawyer demanded to assign a banking expert and to obligate the bank to pay his client Dhs98,667, in addition to the fees and expenses of the lawsuit.
UAE leaders spearhead climate finance reforms at Paris summit
UAE figures took on leading roles at the Summit for a New Global Financing Pact in Paris this week, where they engaged in discussions with international leaders on climate finance reform. During the …
UAE banks’ aggregate capital and reserves up 10% by April-end
The report noted that national banks accounted for 86.4 percent of the total capital and reserves of banks operating in the UAE …
UAE recognises ADCB as sustainability, social impact leader
ADCB has taken a holistic approach to ESG in recognition of the close relationships between environment, communities, public policy, economic growth and financial inclusion UAE recognises ADCB as …
Dubai logs over AED3.3bn in realty transactions Friday
DUBAI, 23rd June, 2023 (WAM) — Dubai’s real estate market recorded 487 sales transactions worth AED1.8 billion on Friday, in addition to 138 mortgage deals totalling AED1.45 billion, and 19 gift …
Dubai logs over $898.4mln in realty transactions Friday
Dubai’s real estate market recorded 487 sales transactions worth AED1.8 billion on Friday, in addition to 138 mortgage deals totalling AED1.45 billion, and 19 gift deals amounting to AED140.12 million …
Cop28 can bring back Paris Agreement solidarity, says UAE official
Cop28 President-designate Dr Sultan Al Jaber praised France’s plan to focus on the role of finance in meeting climate change challenges, at a Paris summit on Friday.Dr Al Jaber, Minister of Industry …
Emirates NBD awarded ‘Best Bank in the Middle East’ and ‘Best Bank in the UAE’ at the Euromoney Excellence Awards 2023
Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, won four major recognitions by Euromoney affirming the bank’s status as a digital banking …
Turkey expects Gulf investments after top-level UAE visit
Turkey is expecting the United Arab Emirates (UAE) and Saudi Arabia to make investments in its energy and defence sectors after its top economy officials held negotiations in Abu Dhabi, two sources …
Dubai records over AED2.5 bn in realty transactions Thursday
Dubai real estate market recorded 744 sales transactions worth AED2 billion, in addition to 153 mortgage deals of AED542.55 million, and 27 gift deals amounting to AED31.3 million on Thursday, data …
UAE financial watchdog rolls out rulebook
This comes as part of a series of initiatives by the UAE regulator to enhance transparency and communication with licensed financial institutions, consumers, other partners and service users. The …
Abu Dhabi’s ADNOC, AI firm G42 plan IPO of technology joint venture AIQ
Microsoft sign deal to speed up UAE’s digital transformation Abu Dhabi’s G42, Mubadala create M42 with global plans G42 appoints Kiril Evtimov as Group Chief Technology Officer The company is being …
UAE and Poland grab their first Lions in Creative Data on Cannes Lions Day 3
Cannes Lions 2023 announces its day three winners in the Creative Data, Direct, Media, PR and Social and Influencer Lions. UAE and Poland bags Lions.
Astra Tech and National Bonds Partner to Bring Shari’a-compliant Investment Opportunities to 8 Million Botim Users in the UAE
Astra Tech (Astra), a leading consumer technology holding group based in the United Arab Emirates (UAE), has signed a Memorandum … conveniently invest and save – these are two elements of finance …
Turkey expects Gulf investments after visit to UAE -sources
Turkey is expecting the United Arab Emirates (UAE) and Saudi Arabia to make investments in its energy and defence sectors after its top economy officials held negotiations in Abu Dhabi, two sources …
UAE central bank retains its forecast for 2024 growth rate at 4.3%
The central bank, however, revised down its growth forecast for this year by 0.6 percentage points to 3.3% UAE central bank retains its forecast for 2024 growth rate at 4.3% CBUAE, Central Bank of the …