Dubai Financial Market (DFM) has revealed that brokerage companies in DFM added 20,552 new investor accounts in the first seven months of 2022. According to the state news agency, WAM, the number of …
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Dubai Financial Market adds 20,500 new investor accounts in 7 months
Brokerage companies in the Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022. The market also witnessed significant …
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Gross banks’ assets in UAE stand at Dhs3,442.7 billion in end of May
The Central Bank of the UAE (CBUAE) has announced that the gross banks’ assets, including bankers’ acceptances, rose to Dhs3,442.7 billion at the end of May 2022, …
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Dubai Department of Finance launches 2026 strategy
The new strategy aims to achieve a set of objectives associated with the Dubai Strategy 2030 project, it said. “We appreciate and value the achievements made by all organisational units during the …
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Third auction of UAE Treasury Bonds continues to achieve exceptional results
ABU DHABI – The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has …
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Dubai’s Department of Finance launches strategic plan to strengthen financial stability
The emirate is among the fastest growing business and financial hubs in the Middle East. . Dubai’s Department of Finance has launch …
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UAE Central Bank issues new guidance on anti-money laundering, combating financing of terrorism
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combating the financing of terrorism (AML/CFT) for its licensed financial institutions (LFIs) on the risks …
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Central bank of UAE issues new AML guidance on risks related to payments
The guidance, which comes into effect on Monday, will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT obligations, and …
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UAE: All you need to know before and after buying property in the Dubai
Property is the most sought-after sector for local and foreign investors, pumping billions of dirhams every year to earn strong return on their investments. Over the years, Dubai has really …
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Meydan Free Zone enables start ups to bank with ease with their Commercial Bank of Dubai partnership
The partnership will enable trade license holders of Meydan Free Zone to leverage CBD’s banking products and services, including exclusive digital business accounts, as well as a wide range of …
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Abu Dhabi Islamic Bank named as the most innovative Islamic Bank by Islamic Finance news
ADIB also won Best Islamic Private Bank, Egypt Deal of the Year, and Best Islamic Bank for Treasury Management …
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What is the state of open banking regulations in Mena today?
Abdulla Almoayed is the founder and CEO of Tarabut Gateway, an open banking startup headquartered in the UAE The tide of open …
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Jordan’s Arab Bank posts H1-2022 net profit at Dh252m
Randa Sadik, CEO of Arab Bank, said, “The underlying performance of the Group continues on its growth path with 6 per cent growth in net operating income across the bank’s lin …
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UAE national banks credit to business and industrial sector grows
According to the apex bank’s figures, the cumulative balance of credit provided by national banks to the sector on a year-on-year basis grew by 2.14 percent or AED14.6 billion, said a Wam news agency …
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National banks in UAE provided $189.83bln in credit facilities to business, industrial sector in first four months of 2022
According to the apex bank’s figures, the cumulative balance of credit provided by national banks to the sector on a year-on-year basis grew by 2.14% or $3.97bln …
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UAE Cold Chain Market Outlook Report 2022-2025 – ResearchAndMarkets.com
The “UAE Cold Chain Market Outlook to 2025 – the Cold Chain Market in UAE is Thriving With the Advent of Government’S Economic Diversification Plans Coupled With UAE’s Increasing Adoption of …
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Dubai Financial Market net profit jumps 63% at Dh63.4m in H1-2022
Dubai: The Dubai Financial Market (DFM) posted a 63 per cent surge in its profit for the first-half of 2022 and said it benefited from the IPO (initial public offering) of DEWA. DFM’s net profit in …
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