Tag: finance

Recently, a committee was formed that includes representatives of the Central Bank of the UAE, the Ministries of Economy, Finance, Youth Affairs and Justice, in addition to the UAE Banks Federation, ... ( read original story ...)

According to information available, the current Pacific Controls management had lodged a complaint with Dubai Police that the finance manager (Narasimhan) and his team fraudulentl ... ( read original story ...)

Nearly half the restaurants and hotels surveyed by the Dubai Chamber and three-quarters of travel and tourism companies expect to go out of business in the next month alone. ( read original story ...)

Subroto Som of Mashreq Bank discusses the goals of digital transformation at the bank, including enhancing its customer experience. ( read original story ...)

United Arab Emirates banks are at risk from a spike in bad loans over the next one to two years as the oil-producing economy is hit by a "triple whammy" of a slump in oil prices, lower economic ... ( read original story ...)

Saudi Aramco has appointed Ashraf Ghazzawi as a new vice president of treasury effective June 1, an industry source said. ( read original story ...)

Dubai Statistics Centre data showed that the annual general consumer price index fell by 3.34 per cent in April 2020 compared to the same period in 2019. ( read original story ...)

Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, reported a 17 per cent increase in net profit for 2019 following a strong performance from investments ... ( read original story ...)

Dubai’s hotel occupancy has plummeted since the outbreak of the coronavirus and about 30% of workers in the industry will probably lose their jobs, according to research firm STR Global. ( read original story ...)

The foreign assets exclude the apex bank's Reserve Tranche Position and Special Drawing Rights holdings with the IMF. ( read original story ...)