Tag: finance

Shortly after the Fed’s announcement, the UAE Central Bank said it’s keeping its interest rate unchanged. “The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the …

(MENAFN- Khaleej Times) The Central Bank of the UAE announced on Wednesday that it has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per …

The UAE Central Bank kept its benchmark interest rate steady, mimicking the US Federal Reserve’s move to maintain its policy rate for the third time this year amid a gradual drop in core inflation.

Shortly after the Fed’s announcement, the UAE Central Bank said it’s keeping its interest rate unchanged. “The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the …

The UAE is poised to inject additional investments in Egypt across various development sectors, said Mohammed Al-Suwaidy, the country’s minister of investment.

FIVE Holdings will create up to 50 new staff millionaires following its IPO in 2025, the group’s founder Kabir Mulchandani has revealed. In an interview published in Arabian Business, Mulchandani said …

Sheikh Mohammed meets UAE astronauts Sultan Al Neyadi, Hazzaa Al Mansoori and Mohammad Al Mulla along with the ‘Zayed Ambition 2’ team from the Mohammed Bin Rashid Space Centre (MBRSC).

The session was organized by the Financial Policies and Government Accounting Standards Department and attended by audit directors from various ministries and federal entities …

The AIM Summit brings together industry leaders to explore trends and opportunities in the alternative investment industry and emphasises the role of the private sector in addressing climate change …

The collaboration between DFM and Tawasal aims to enhance data accessibility The strategic collaboration between Dubai Financial Market (DFM) and Tawasal will greatly enhance users’ access to …

The total market capitalisation of DFM increasing from AED576 billion in 9M 2022 to AED697 billion this year Dubai Financial Market (DFM) net profit increased by 109 percent to AED186.2 million ($50.7 …

In an era of uncertainty and economic volatility, the Dubai Islamic Bank (DIB) has emerged as a beacon of financial resilience, posting record profits for the first nine months of 2021. The bank’s net …

In the sandy dunes of the UAE, a different kind of storm was brewing in October – a financial one. The local stock markets in the country saw a rejuvenated surge, bolstering their capitalization by …

In the opulent heart of Dubai, the city’s financial hub pulsates with a different kind of energy. Amid towering skyscrapers and sprawling trading floors, a story of remarkable growth unfolds. The …

DUBAI:The Alternative Investment Management Summit (AIM) celebrated its latest edition convening investors and managers from various sectors of the alternative investment industry, including hedge …

Their Highnesses exchanged greetings with the assembled majlis guests and engaged in talks together covering a number of topics …

Dubai Islamic Bank, the biggest Islamic lender in the UAE, saw its net profit rise by 18% year-on-year in the third quarter of 2023, supported by growth in core revenues and decline in impairment …