Tag: finance

The UAE central bank lifted a 20 per cent cap on real estate lending as a percentage of the total deposits of banks, the chairman of the UAE Banks Federation said. The restriction is removed through t…
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Al Saleh: “UAE-China relations are gaining momentum as efforts to support the Belt & Road initiative & to guide the Islamic economy continue.” • Mansoor Al Awar: “We continue to engage in constructive …
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Dubai:Emirates NBD, a leading financial institution in the Middle East has been adjudged ‘The Innovator’ in the Middle East at the Global Finance World’s Best Consumer Digital Banks in the ME Awards 2…
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Moody’s Investors Service has kept its outlook on the United Arab Emirates banking system at stable, reflecting a gradually recovering economy, as well as banks’ strong capital, resilient profitabilit…
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The sixth edition of the UAE Banks Federation (UBF)’s Middle East Banking Forum concluded today (November 11) in Dubai, offering exclusive insights into emerging opportunities and challenges facing th…
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Hamzah Shalchi, a financial planner, heads the Dubai operations of Guardian Wealth Management. Image Credit: Supplied “With any good fortune, it can be easy to get carried away and purchase …
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ISLAMABAD – Pakistan is expecting a financial package from the United Arab Emirates as Foreign Minister Abdullah bin Zayed Al Nahyan visited Islamabad Friday to meet Pakistani counterpart Shah Mehmood …
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As the economy of the United Arab Emirates continues to diversify away from its longstanding reliance on oil, the country’s financial services sector is becoming an ever-more important engine for grow…
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Moody’s forecasts are conservative compared to those of the UAE Central Bank, which expects growth to reach 2.8 per cent this year and 4.2 per cent next year, the governor said on Tuesday. The central …
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Morgan Stanley also selected and Evercore will be IPO adviser The IPO, which could see shareholders sell about 25 percent to 30 percent of the company, may value the whole of Network International at …
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It has been a long time coming. As far back as 2007, the merger of Emirates Bank International and National Bank of Dubai – to create Emirates NBD, Dubai’s largest bank – was widely expected to start …
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Malaysia’s lead is supported by its dominant Islamic finance ecosystem, but the UAE (which consists of seven seven emirates including Abu Dhabi and Dubai) is making progress to narrow the gap …
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Dubai-based Shuaa Capital on Monday reported net profits of AED30.1 million ($8.1 million) for the third quarter of 2018, up 31 percent year on year and the company’s highest quarterly figure since 20…
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International Financial Centre in Abu Dhabi, is pleased to support the 2018 IIF MENA Financial Summit in Abu Dhabi on 6 to 7 November 2018. Abu Dhabi: Abu Dhabi Global Market, the International Financ…
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• Determines cost of operations by establishing standard costs; collecting operational data. • Identifies financial status by comparing and analyzing actual results with plans and forecasts. • Guides …
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The UAE economy will expand 4.2 per cent next year, faster than the International Monetary Fund’s estimate, as the country carries on with reforms and sustains no material impact from restrictions on …
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According to the UAE Central Bank data for the month of September 2018, the UAE banks added 356 employees month-on-month to 35,791 at September end. National banks hired 385 people while foreign banks …
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