Tag: banking

Though the US Fed left the rates unchanged, a move widely predicted by analysts, it has signalled one more rate hike this year …

As Africa falls behind on renewable energy, the UAE steps in with major investments, filling an important climate finance gap ahead of the COP-28 climate summit in Dubai.

The UAE Central Bank held its benchmark borrowing rate after the US Federal Reserve hit pause for the second time this year as core inflation and the labour market in the US slowed. The Fed held its …

The interest rate notification from CBUAE comes after the US Federal Reserve announced that it is maintaining its key policy rate unchanged …

Majid Al Suwaidi, director general of COP28, which will be held in Dubai in December, said reforming development institutions like the World Bank was a priority. “The reform conversation is one that I …

Mohamed Bin Hadi Al Husseini, Minister of State for Financial Affairs, received a high-level delegation from the Republic of the Philippines at the Ministry of Finance’s Dubai office, in the presence …

Fimbank has turned to the courts in a bid to force Dubai Insurance Co to pay out on a trade credit insurance policy invoked after a commodity trader failed to repay a US$10.8mn trade finance facility.

DUBAI, Sept 20 (Reuters) – Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals …

The report unveils four key trends that will be pivotal in shaping the sector over the next five years, unlocking the potential of open finance, greater decentralisation in finance, the emergence of …

DUBAI – Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals ($4.06 billion) for the …

Dubai: National Bank of Fujairah (NBF) is participating this week in Ru’ya Careers UAE Redefined, taking place between September 19-21 at Dubai World Trade Centre. Participation in this leading …

digital assets and ESG-related finance have been identified as key trends driving innovation in the next five years, says a report. It also reinforces Dubai’s leading role in driving innovation in …

Regulations have played a pivotal role in propelling the UAE into a central position within the global … a reliable bridge to the new era of investments and to the future of finance,” said Yusuf.

AJMAN – Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), has praised the efforts of the banking sector in supporting the growth of the economic industry and …

Emirates Development Bank (“EDB” or“the Bank”), the key financial engine of economic development and industrial advancement, is participating in …

The UAE banking sector is playing a crucial role in combating climate change by providing green financing and supporting climate initiatives …

The UAE Ministry of Finance is hosting the 13th annual meeting of the Organisation for Economic Co-operation and Development (OECD) Middle East and North Africa Senior Budget Officials (MENA SBO).