Tag: banking

The signing of the MoU comes ahead of the Dubai Business Forum – China, which will be organised by Dubai Chambers and will take place in Beijing on August 21. The event aims to highlight the diverse …

Initial public offerings (IPOs) in the UAE markets raised US$890 million in the second quarter (Q2) of this year, according to a recent economic re …

Etihad Rail, the developer and operator of UAE’s rail network, has launched a sustainable finance framework, it said on Wednesday, as a possible step towards issuing green bonds to finance lower …

The number of companies that set up base in Abu Dhabi’s financial centre ADGM increased by 31% in the first half of the year as the likes of Morgan Stanley joined a slew of other financial services …

The bank’s lawsuit was revoked due to its violation of the UAE Central Bank’s personal loan instructions as the loan granted to the customer exceeded 20 times his salary. The bank also did not commit …

The bank’s lawsuit was revoked due to its violation of the UAE Central Bank’s personal loan instructions as the loan granted to the customer exceeded 20 times his salary. The bank also did not commit …

Future Health GCC has unveiled its state-of-the-art cord blood banking facility in Dubai Healthcare City, marking a significant advancement in healthcare o..

Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said. Sumitomo Mitsui is a unit of …

Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 …

Etihad Rail said its sustainable finance framework was developed in collaboration with First Abu Dhabi Bank and Standard Chartered Bank.

Dubai diners will be sitting down to cut-price food at the city’s top eateries as Summer Restaurant Week returns from August 23 to September 1. The Dubai Summer Surprises (DSS) 2024 event will see …

Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 …

Dubai World Trade Centre (DWTC) has announced growth of 140 per cent in catering to external events by its hospitality business in the first half of 2024. The results cement its position as a premier …

ADQ, the smallest of Abu Dhabi’s three sovereign wealth funds, is reportedly exploring the acquisition of the Turkish unit of Lebanon’s Bank Audi as entities based in the GCC seek to expand their …

“We are delighted to welcome Ahmad to our company,” said Damian Bunce, CEO of GTN Middle East. “Ahmad has extensive regional experience and a deep understanding of the Middle East market. He will be …

Salik delivered a very healthy financial performance in H1 2024, registering 238.5 million revenue-generating trips which increased by 4.9% YoY. Dubai: Salik reports $149 million in net profit during …

In the UAE, the 24K variant of the yellow metal was trading at … China’s anticipated liquidity injection could boost gold and other cryptocurrencies. Historically, the People’s Bank of China …