The Central Bank of the UAE (CBUAE) on Friday issued its Financial Stability Report for 2022. The report provides a comprehensive assessment of the stability of the UAE financial system, which …
Dubai logs over AED1.9bn in realty transactions Friday
DUBAI, 14th July, 2023 (WAM) — Dubai’s real estate market recorded 465 sales transactions worth AED1.42 billion on Friday, in addition to 99 mortgage deals totalling AED304.35 million, and 10 gift …
StanChart to sell sub-Saharan Africa business to Access Bank
Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria’s Access Bank, putting into motion a plan announced last year to divest those …
UAE expats among happiest in the world: Report
The UAE’s easy visa policies, career opportunities and high standards of living help maintain its global position as an expat favourite UAE expats among happiest in the world: Report happiness, …
Step-by-step guide to buying a property in Dubai by Starling Properties
If you require financing, explore mortgage options available in Dubai. Contact local banks to understand their eligibility criteria, interest rates, and repayment terms. Determine the most suitable …
Emirates NBD, a Financial Services Group in MENA Region and Turkey, Launches Updated WhatsApp Banking Service
Emirates NBD, a banking group in the MENA region and Turkey, has launched an enhanced and upgraded version of its WhatsApp banking service.
Uae Police Warn Car Sellers Of Scammers Depositing Fake Cheques During Bank Holidays
Their modus operandi involves depositing fake cheque at ATMs, deceiving their victims into believing that the transactions are legitimate. Unsuspecting individuals, who are in the process of …
Banking, real estate blue chips drive UAE stock markets on Wednesday
In Abu Dhabi, Index FADGI closed at 9,621.620 points, while in Dubai, the main index ended at 3,987.07 points Banking, real estate blue chips drive UAE stock markets on Wednesday Abu Dhabi, Abu Dhabi …
UAE scam alert: Ministry warns residents against fake message asking for bank account details
The Ministry of Human Resources and Emiratisation (Mohre) on Thursday issued an alert warning residents of a scam message that bears its …
Dubai Financial Market at highest point in nearly eight years as UAE draws investors
The Dubai Financial Market reached its highest point in nearly eight years on Wednesday, a sign of growing investor confidence in the UAE’s capital markets amid continued structural reforms and …
PM expresses gratitude to President UAE for deposit of $1bln to SBP
Prime Minister Muhammad Shehbaz Sharif has expressed gratitude to President of the United Arab Emirates Mohammed Bin Zayed for the deposit of one billion dollars with the State Bank of Pakistan. In a …
Banking, real estate blue chips continue to drive UAE stock markets
The UAE stock markets on Wednesday continued to capitalise on improved investor sentiments, with blue-chip telecommunications, banking and real estate stocks leading the gainers in the capital’s …
Pakistan gets $1 billion boost from UAE ahead of key IMF decision
“As a time-tested friend & brotherly country, the UAE has always come forward to support Pakistan,” Prime Minister Shahbaz Sharif tweeted. “We deeply acknowledge this kind gesture & consider it …
Commercial Bank of Dubai posts 41.5% jump in H1 profit
Commercial Bank of Dubai reported an operating income of Dhs2.5bn in the first six months of 2023, up 41.9 per cent.
UAE gives $1 billion in reserve support to Pakistan
The United Arab Emirates has deposited $1 billion with Pakistan’s central bank to support foreign exchange reserves, Pakistan’s Finance Minister Ishaq Dar said on Wednesday.
UAE deposits $1 billion to Pakistan
The deposit comes a day after Riyadh transferred $2b as Islamabad looks at the IMF board to approve a $3b bailout …
High Consumer Trust Index confirms UAE’s momentum in banking sector
The Trust Index found that 85% of respondents are convinced that banks operating in the UAE put customers first, while 100% say banking services have improved; this compares to 98% in 2021 (2020: 92%, …