The United Arab Emirates central bank said on Monday it had extended to June 2021 the applicability period of key components of a stimulus scheme to support retail and corporate banking customers and …
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Central Bank of UAE extends Dh50b support to COVID-19 affected individuals and businesses
Extension of TESS aimed at accelerating UAE’s economic recovery from COVID-19 impact Abu Dhabi: The Central Bank of the UAE (CBUAE) has announced the extension of the applicability period of the …
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Central Bank of UAE extends support to COVID-19 affected individuals and businesses
Extension of TESS aimed at accelerating UAE’s economic recovery from COVID-19 impact Abu Dhabi: The Central Bank of the UAE (CBUAE) has announced the extension of the applicability period of the …
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Central Bank of UAE extends applicability of Targeted Economic Support Scheme
Move aimed at accelerating UAE’s economic recovery from COVID-19 repercussions The Central Bank of the UAE (CBUAE) has announced the extension of the applicability period of the key components of …
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Qatar National Bank closes syndication of $3.5 billion loan
Qatar National Bank
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Atlas Mara: What went wrong in the African banking venture?
Since its creation in 2013, Atlas Mara had some high moments, but a string of bad moves has held it back. What went wrong?
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UAE national carrier to start flying to Tel Aviv next spring
Etihad Airways, the national airline of the United Arab Emirates, announced Monday Direct flights on Etihad between the emirates’ capital of Abu Dhabi and Tel Aviv will begin March 28, giving …
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Bayt.com & YouGov Survey: Hospitality, Education, and Engineering Are Most Popular Industries Among UAE Job Seekers
Bayt.com, the Middle East’s #1 job site, has recently conducted the Top Industries in the Middle East and North Africa 2020 survey in partnership with YouGov, global online market research company, in …
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Bank of Sharjah’s UAE operations report Dh379m 9-month net profit
Bank of Sharjah’s UAE operations reported an a net profit of Dh379 million for the nine-month period of 2020 comapred to Dh172 million in the same period last year. Image Credit: Supplied Dubai: Bank …
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Dubai Islamic Bank successfully closes lowest ever yielding AT1 Sukuk
DUBAI — Dubai Islamic Bank (DIB) has successfully priced a US$1 billion Perpetual Non-Call 5.5 years Additional Tier 1 Sukuk with a profit rate of 4.625 percent per annum. This transaction carries the …
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Analysis: UAE Forex Traders Investing the Most, Followed by Asia
In August forex traders from the Middle East had the biggest deposits but Asian investors were close behind. Finance Magnates examines the latest data.
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UAE government jobs offer best work-life balance: Survey
UAE residents believe that a government or civil service job maintains the best work-life balance, followed by banking and finance, and oil/petrochemical sectors, according to a new survey. Conducted …
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Pakistan raises $370m loan; UAE banks lead
Commercial Bank of Dubai, Allied Bank Limited Bahrain and United Bank Limited were mandated lead arrangers and bookrunners. The facility will further improve the South Asian country’s foreign exchange …
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Biden Will Need the UAE for Leverage with Iran
The UAE’s behavior with respect to Iran is a symptom of a broader problem that involves gold smugglers, corruption, legal loopholes, an opaque real estate market, and criminally minded business elites …
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Bank Abc Islamic Announces Nine-Months 2020 Net Profit of $22.3 Million
Bank ABC Islamic – today announces its financial results for the nine months ending 30 September 2020. Covid 19 continues to impact most of our clients across different geographies. The pandemic …
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UAE Government discusses economic visions for next 50 years
More than 1,000 ministers, and senior federal and local government officials, held 11 consultative meetings to discuss the path for the economic environment and economic models and sectors for the …
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UAE leads MENA region as most valuable, strongest nation brands
Abu Dhabi: The UAE lead the way as the strongest and most valuable brand in the Middle East and Africa, MENA, and ranked 18th globally at Dh2.45 trillion (US$672 billion), according to the latest …
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