he Cental Bank of UAE (CBUAE) is closely monitoring banks’ utilisation of the Targeted Economic Support Scheme (TESS) programme for the benefit of individuals, small and Medium Enterprises (SMEs) and …
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Combating coronavirus: No need to pay instalment, interest during deferred period, says Central Bank
Any interest accrued during the deferment period on the principal amount will be paid by the customer at a later date. The UAE Central Bank on Sunday said that customers affected by the Covid-19 …
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India sends hydroxychloroquine to UAE for COVID-19 patients
India has agreed to send hydroxychloroquine tablets to the United Arab Emirates to be used for treating COVID-19 patients, the Gulf Arab state’s embassy in New Delhi said. India last month put a ban …
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Coronavirus news bulletin from UAE: 477 new cases confirmed; Dubai extends 24-hour sterilisation programme; Muslims can perform Taraweeh at home
Dubai on Friday said the 24-hour sterilisation campaign will be extended by another … Energy, communication, health, education, security, police, military, freight, pharmaceuticals, water, food, …
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COVID-19 response: Relaxations in IFRS 9 give UAE banks more flexibility to support creditors
Dubai: In a recent move the Central Bank of UAE (CBUAE) has issued a new requirement for all banks to apply a prudential filter to International Financial Reporting Standards 9’s (IFRS 9) expected …
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Money transfer firm TransferWise begins operating in UAE
Digital money transfer service TransferWise has begun operating in the UAE, the company has announced. The announcement comes six months after the tech firm was granted a license to bring its low-cost …
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Middle East and North Africa Mergers and Acquisition transactions totalled US$14.8 billion in Q1 2020
The United Arab Emirates was the most targeted nation … despite a 50% decline in the number of deals. One initial public offering was recorded during the first quarter. Saudi Arabian private …
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‘UAE banking sector resilient because of government support’
Resilience – this was the key word and highlight of the UAE banking sector outlook report that was released at the beginning of this year by S&P Global Ratings, and it essentially encapsulates the …
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RoboAds Inc., UAE Robotics Startup, Develops New Generation of Service Robots to Aid Medical and Security Staff on Coronavirus Frontline
UAE based Robotics startup, RoboAds Inc., has developed a new generation of telepresence robots to aid healthcare and security staff on virus frontlines. As thousands of healthcare staff around the …
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G20 Finance Ministers, Central Bank Governors Hold Virtual Meeting to Address COVID-19 Challenges
The finance ministers and central bank governors of the G20 group of the world’s largest economies started on Wednesday a virtual meeting to further address the global challenges presented by the …
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Dubai Weighs Bond and Emirates Loans as Virus Hits Economy
Dubai is in talks with bankers about shoring up its finances and the emirate’s flag carrier is mulling billions of dollars of loans, as the coronavirus pandemic hammers the economy.The government is …
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UAE Reduces Service Fees to Support Economy
Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages for Retirement …
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G20 countries agree debt freeze for world’s poorest countries
DUBAI/RIYADH/WASHINGTON – Finance officials from the Group of 20 major economies … Private creditors will join the debt relief effort on a voluntary basis, said the International Institute of …
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H.E. Obaid Humaid Al Tayer participates in second regular meeting for G20 Finance Ministers and Central Bank Governors
H.E. Obaid Humaid Al Tayer stressed the UAE’s keenness to support all international efforts aimed at facing the … Abu Dhabi: H.E. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, …
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NMC creditor files criminal complaint
Most of them are no longer believed to be in the UAE. The bank, the people added … It received a major investment from Emiratis Saeed al-Qebaisi and Khalifa al-Muhairi in 2011 ahead of its initial …
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G20 agrees debt freeze for world’s poorest countries
Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries from May 1 until …
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UAE Tire Market, by Vehicle Type , By Radial vs Bias, By Sales Channel, By Region, Competition, Forecast & Opportunities, 2025
Reportlinker.com announces the release of the report “UAE Tire Market, by Vehicle Type , By Radial vs Bias, By Sales Channel, By Region,.
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