Liquid assets held by UAE-based banks increased 2.6 per cent to Dhs486.58bn in Q1 2021 from Dhs474.136bn in the last quarter of last year, according to the UAE Central Bank’s Core Financial Soundness …
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Liquid assets in UAE banks increase to Dhs486.58bn in Q1 2021
Liquid assets held by UAE-based banks increased 2.6 per cent to Dhs486.58bn in Q1 2021 from Dhs474.136bn in the last quarter of last year, according to the UAE Central Bank’s Core Financial Soundness …
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Experts join Emirates Institute for Banking and Financial Studies’ webinar to assess regulatory impact on capital adequacy
The speakers examined the myriad steps taken by the financial sector to stem the flood of disruption unleashed by the pandemic, from a regulatory standpoint such as improving operational resilience, …
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Increased international investment in Dubai will come – but leading banking official urges patience
Speaking at the AB Forum event on Monday, Maurice Gravier, chief investment officer, wealth management, Emirates NBD, said his is bullish about the regional market …
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UAE residents alert: 10 ways to protect yourself from online scams
There are seasonal scams with tax returns and tax submissions. Recently there was a wave of ‘eCommerce return’ scams when a victim receives an email looking like a legitimate purchase confirmation …
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Saudi car rental firm achieves 40% growth in 2020
The vehicle rental market in Saudi Arabia is forecast to grow by 7.5% per annum between 2020 and 2026 This website uses cookies to improve your online experience. They were placed on your computer …
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MIDEAST DEBT-UAE sukuk standards slow issuance, distort prices, investors say
The adoption by the United Arab Emirates of certain sharia-compliance standards has slowed the issuance of Islamic bonds from the Gulf, adding to a chronic supply-demand imbalance, market sources said …
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Digital banking you can bank on
The National Bank of Fujairah is putting its best foot forward towards adoption and automation in the banking sector …
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World Green Economy Summit in Dubai supports global efforts to shape a sustainable future
DUBAI- The World Green Economy Summit (WGES), organised by Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organisation (WGEO) in collaboration with the Dubai Supreme Council …
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Top 3 industries hiring fresh graduates in UAE
Fresh graduates can easily utilise different tools on Bayt.com that are designed to build their CV, develop their skills and increase their …
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Marketing, healthcare, and military emerged top 3 industries hiring fresh graduates in UAE
Fresh graduates can easily utilise different tools on Bayt.com that are designed to build their CV, develop their skills and increase their …
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Iran’s Rouhani dismisses central bank chief running in presidential election
Image Credit: AP Dubai: Iran’s President Hassan Rouhani has dismissed central bank governor Abdolnaser Hemmati, who is running in the presidential election in June, the Tasnim news agency reported …
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Major Gulf stocks little changed, Dubai nudges higher
Major stock markets in the Gulf were little changed in early trade on Sunday, with expectations of economic recovery nudging Dubai higher again after the …
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Bitcoin news LIVE – DubaiCoin value shoots up despite cryptocurrency price fall as illegal ‘mine’ found by cops
THE cryptocurrency market continued to slump this morning with Bitcoin, Ethereum and a whole host of major currencies losing values. One brand new entry defied the slump, however, with DubaiCoin …
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Dubai Islamic Bank confirms ADGM Courts’ ruling against NMC administrators
Courts have ruled in favor of Dubai Islamic Bank (DIB) and against the administrators of NMC Healthcare. DIB has welcomed the judgment which accepted its request that the ADGM Courts has no …
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UAE banks witness sharp decline in branches
Technology adoption, consolidation and cost saving measures resulted in lesser branches Dubai: The UAE banking sector witnessed a sharp decline in number of branches over the past one year, thanks to …
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Bitcoin price news LIVE – New DubaiCoin rises 1,000% in just 24hrs defying cryptocurrency market slump and Ethereum fall
THE cryptocurrency market continued to slump this morning with Bitcoin, Ethereum and a whole host of major currencies losing values. One brand new entry defied the slump, however, with DubaiCoin …
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