Tag: banking

The apex bank’s figures showed that the two sectors saw a 2.1 percent rise in cumulative credit balance to AED757.4 billion by the end of March 2024 …

First Abu Dhabi Bank (FAB) the largest bank in the UAE, has integrated Fenergo’s software-as-a-solution (SaaS) CLM solution to speed up client onboarding and enhance its anti-money laundering (AML) …

Credit facilities provided by the UAE national banks to the business and industrial sectors amounted to AED15.6 billion in the first quarter of 2024, according to the latest figures released by the …

FAB is one of the most prominent financial institutions in the UAE, recognised for its commitment to providing outstanding customer service. As the preeminent bank in the country, FAB provides a …

The IPO garnered strong demand, exceeding the target subscription value by 39 times, even after increasing the individual investor allocation from 8 to 10%. Meanwhile, Parkin, Dubai’s exclusive …

The apex bank’s statistics showed that savings deposits in the banking sector reached AED286.67 billion at the end of March …

Byju’s Hedge Fund Ally Can Avoid Arrest If He Answers Questions Money manager has 10 days to return from Dubai or face arrest Bankruptcy judge seeks to find lenders’ missing $533 million …

Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted about AED13.8 billion during the first quarter of this year, according to the latest statistics from the Central …

Central Bank of the UAE (CBUAE) has said that customers deposited AED13.8 billion ($3.76 billion) into savings deposits during the first quarter of this year.

Wali Khan, a 44-year-old Pakistani who lives in Sharjah’s Al Taawun area, works as a telecom engineer and dabbles in content creation as a side hustle. He started making videos on personal finance on …

A new set of fintechs such as Whimso, licenced by the UAE central bank, are re-defining the financial sector by offering accessible, secure, and easy-to-use mobile money solutions to not only serve th …

(Bloomberg) — A consortium led by Brookfield Asset Management Ltd. is investing in GEMS Education, a Dubai-based family business founded … World’s Most Expensive Cities for Expats in 2024 Hedge …

The local stock markets attracted a new market capitalisation of nearly AED21.3 billion ($5.8 billion), thanks to three new initial public offerings (IPOs) witnessed since the beginning of this year, …

The local stock markets attracted a new market capitalisation of nearly Dhs21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, …

UAE-based, Global Millennial Capital (GMCL), which invests in … Artificial intelligence, deeptech, blockchain technology and digital ledgers, decentralized finance and cloud computing are some of …

The UAE stock markets attracted a new market capitalisation of nearly Dh21.3 billion since the beginning of this year, thanks to three new initial public o..

Online scammers have become busier nowadays, as new forms of scamming emerge. One latest fraud is called ‘loan scam’, where a dubious lending company would ask victims to first deposit money as a …