Banks in the UAE have adequate capital and liquidity buffer to withstand severe shocks, the Central Bank said in a report on Thursday. The banking system also has a robust payment system that kept …
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UAE banks can ‘withstand’ severe shocks as global economy evolves: central bank
The national regulator conducted risk analyses through solvency and liquidity tests and supervision to “assess potential vulnerabilities UAE banks can ‘withstand’ severe shocks as global economy …
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UAE banking system can withstand adverse scenarios: Central Bank
The CBUAE projects real GDP growth to further increase to 5.4% in 2022, supported by higher economic activity and higher oil prices …
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UAE banking system can withstand adverse scenarios: Central Bank
The CBUAE projects real GDP growth to further increase to 5.4% in 2022, supported by higher economic activity and higher oil prices …
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UAE economic recovery to continue as financial system remains robust, Central Bank says
Provided by The National The Central Bank’s policies supported the resilience and recovery of the UAE’s financial sector. Photo: UAE Central Bank . Economic activity in the U …
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UAE firms begin offering Golden Visa to retain talent, attract highly-skilled individuals
In addition to monetary benefits, this new perk is being added by companies to attract highly-skilled and talented individuals on a long-term basis. “Earlier, the Golden Visa was focused on the …
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UAE’s robust financial system in supporting national economy: CBUAE’s Financial Stability Report
Among these key steps were the CBUAE’s gradual exit strategy from the Targeted Economic Support Scheme as the UAE economic recovery commenced, with the first phase completed by the end of 2021, and th …
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DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO
It was on April 12 that DEWA listed on DFM after a hugely successful IPO, the first of 10 Dubai Government enterprises that will take the road to a public listing. Since then, DEWA’s stock has been …
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DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO
It was on April 12 that DEWA listed on DFM after a hugely successful IPO, the first of 10 Dubai Government enterprises that will take the road to a public listing. Since then, DEWA’s stock has been …
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Dubai district cooling firm Empower’s IPO chances remain strong
Dubai: The chances of the Dubai district cooling company Empower coming up for a DFM listing is strong. DEWA, the utility giant that hold a majority stake in Empower, said that a review of the company …
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UAE Stocks Surge On Strong Corporate Earnings
Stock markets in the UAE ended higher on Wednesday with the Abu Dhabi index reaching a record high driven by strong corporate earnings. Th …
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Ziiboard: UAE-Based Fintech Ziina Files Patent For Innovative New Business Payment Keyboard
With the ZiiBoard, businesses can now request payments on WhatsApp, Instagram, or any messenger in just a few taps Dubai: Z …
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UAE and UK to fund Dh540m package for emergency services in Senegal
The UAE has joined forces with the UK to provide a Dh540m package to boost emergency response services in Senegal. The national emergency response programme, called the Redco Project Senegal, aims to …
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Alain Finance and Network International to launch credit card offerings in the UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
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Emirates Islamic wins global awards for ‘Best Islamic Bank in UAE’
Emirates Islamic was named ‘Best Islamic Bank in UAE’ for the bank’s stellar performance across banking segments and for driving growth in the uptake of Islamic banking solutions across the UAE. The …
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Dubai’s biggest bank gives pay raises to cushion inflation
The trajectory of price increases represents a significant turnaround from deflation throughout 2019 and 2020 – Click the link for more details.
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Dubai records over $653mln in real estate transactions on Tuesday
The sales included 360 villas and apartments worth $201.32mln and 76 land plots worth $63.35mln DUBAI – Dubai real estate market recorded 436 sales transactions worth AED971.4 million, in addition to …
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