Tag: banking

Revenue for the quarter reached AED 814 million, increasing 11.4% year-on-year (YoY), the company said in a filing on the Dubai Financial Market on Tuesday. Net profit attributable to equity holders …

trade finance, advisory, commodities and trade insurance sectors. “The strategic move will lead to more inclusive economic development by serving as an entry point through the UAE for local, regional …

The Central Bank of the UAE (CBUAE) has released its Monthly Statistical Bulletin – Banking & Monetary Statistics for May 2024, revealing that the value of cheques cleared through the Image Cheque …

The Central Bank of the UAE (CBUAE) reported that its gold reserves reached AED20.619 billion by the end of May 2024. This marks a 19.7 percent year-on-year increase from AED17.219 billion in May 2023 …

International Holding Company (ADX), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade f …

UAE’s national carrier, Etihad Airways, has rubbished claims made by “several social media posts falsely suggesting that the airline is undertaking a public share listing on the Dubai Financial …

The evaluation, conducted in collaboration with the British Standards Institute (BSI), was based on two international standards: ISO 22316:2017 and BS 65000:2014 …

Net international reserves of UAE banking sector rose by 8 percent or Dhs 91 billion in the first five months of the year to reach Dhs 1.236 trillion …

Through Rorix Holdings, IHC aims to accelerate trade volumes, attract foreign investment, and foster economic partnership …

Net international reserves of UAE banking sector rose by 8 percent or AED 91 billion in the first five months of the year to reach AED 1.236 trillion by end of last May from AED 1.145 trillion by the …

Younis Haji Al Khoori: “This achievement further solidifies the UAE’s position as a leading financial hub both … Abu Dhabi: Adding yet another feather to its cap, the Ministry of Finance (MoF) has …

Users can now seamlessly and compliantly buy and sell virtual assets directly through their UAE bank accounts Last month, verified users completing ‘Know Your Customer’ (KYC) procedures on M2 …

Users can now seamlessly and compliantly buy and sell virtual assets directly through their UAE bank accounts Last month, verified users completing ‘Know Your Customer’ (KYC) procedures on M2 …

Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced an exceptional VIP Privilege Program, specially developed for the bank’s …

according to the May figures issued by the Central Bank of the UAE (CBUAE). The apex bank data showed that gross credit grew 0.7 percent from AED2.063 trillion at the end of April 2024 to AED2.077 …

Below is a picture of the fraudulent website: Listed on the Dubai Financial Market, Salik shares are traded in UAE dirhams and not dollars as claimed by the website. On Friday, the toll gate …

Local banks said demand for Golden Visas through bank deposits is steadily growing as millionaires flock to the UAE, especially Dubai, to settle down. Banks in the UAE require investments with a …