Decision follows US Federal Reserve Board’s announcement to increase interest on reserve balances UAE Central Bank raises overnight deposit facility by 25 basis points CBUAE, interest rate on reserve …
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UAE Central Bank hikes interest rate by 25 basis points
Hike comes as US Federal Reserve lifts rates for the first time since 2018 Dubai: The Central Bank of the UAE on Wednesday hiked its base rate by 25 basis points after the US Federal Reserve increased …
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UAE, Mauritius to enhance ties in key areas of central banking
The Central Bank of the UAE (CBUAE) and the Bank of Mauritius (BoM) signed a Memorandum of Understanding (MoU) on Tuesday to enhance cooperation in key areas of central banking and share supervisory …
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Irish fintechs go on display in Dubai
Leading Irish Fintech companies will be in Dubai to take part in the Irish Fintech Innovation Showcase event organised by Enterprise Ireland, the Irish Government’s trade and innovation agency in …
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UAE – Treehouse Raises US$18 Million to Establish a Standard for DeFi Analytics
March 2022 – Treehouse , a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, announced an US$18 million …
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Why Uae Is Developing So Fast?
In the World Economic Outlook Report, the International Monetary Fund explained the potentially strong economy growth of the UAE based on increased nonpetroleum sector contributions and the strong …
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Partnership with Canada-Arab Business Council connects Alberta to the UAE
Invest Alberta has launched a partnership with the Canada-Arab Business Council (CABC) to expand its international network and bring more high-impact, high-value investment and jobs to Alberta. A …
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DEWA IPO, “valued between $27 billion and $37 billion”, will be first of 10 big upcoming listings on the DFM: expert
The DEWA IPO is part of the Dubai Markets Supervisory Committee’s strategy to increase the size of the emirate’s stock market to $816.74 billion DEWA IPO, “valued between $27 billion and $37 billion”, …
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United Arab Emirates $7.25 Bn Embedded Finance Markets Analysis 2020-2021 & Forecasts, 2022-2029
The “United Arab Emirates Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been …
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Jordanian bank manager in Amman wins $1 million in Dubai Duty Free draw
Ehab Abussaffaqa had purchased the ticket online on February 24 Dubai: A Jordanian bank manager in Amman is the latest winner of $1 million (Dh3.67 million) in the Dubai Duty Free Millennium …
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SunTec urges UAE and GCC banks to shift towards ‘Lifestyle banking’
Company shares its vision during the ‘EFMA World Retail Banking Summit’ in Dubai to future-forward the banking industry to a new growth trajectory …
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Is Uae A Developed Country Or Developing Country?
Does The United Arab Emirates Appear Onment A Third World Country? An official city of the United Arab Emirates, this town occupies about 2,000 square kilometers. Also, it was not …
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Ireland and UAE Fintech collaboration to drive the national financial services transformation journey
With a line-up of senior speakers from the UAE’s financial sector including Dr. Bernd van Linder, CEO of Commercial Bank of Dubai, F. Christopher Calabia, CEO of Dubai Financial Services Authority, …
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ICICI Bank Announces Its New Co-Branded Credit Cards with Emirates Skywards: Here’s What you Need to Know
ICICI Bank has recently announced its partnership with Emirates Skywards to launch new co-branded credit cards. ICICI Bank is the first Indian issuer to launch co-branded credit cards with Emirates …
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Insurance expenditures for UAE citizens increase 6.6 percent to $2.17 billion in 2021: GPSSA
The total value of insurance expenditures for pensioners and eligible civil and military dependents, whose files are managed by GPSSA on behalf of the Ministry of Finance, increased by $51.6 million …
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Where Are Notes And Coins Produced In Uae?
It will instead be produced from a new printing facility in Abu Dhabi’s Khalifa Industrial Zone (KIZAD), a short distance to the seaport located between central Dubai and Abu Dhabi. The Uae Coins That …
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Is There A Philippines Bank In Uae?
Philippines Banks Nypine Bank Account Online? You’ll be able to open an account all the way through the BPI Mobile app. Create a bank account by going to the mobile app, tapping …
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