The UAE condemned in the strongest terms the statements of Israeli Finance Minister Bezalel Smotrich regarding issuing instructions to prepare to impose Israeli sovereignty over the occupied West Bank during …
The Central Bank of the United Arab Emirates decided to reduce the “base rate” on overnight deposit facilities by 25 basis points, from 4.90% to 4.65%, effective Friday, November 8. …
Today, the Central Bank of the UAE announced a tender for cash bills on November 11. According to Central Bank data, the tender includes four issues of “M-BILL” treasury bonds, …
The total financing of national banks to the private sector amounted to about 63.2 billion dirhams during the first half of this year, bringing their total cumulative balance to 1.195 …
The Central Bank, in an analysis conducted by the bank’s employees, reduced the negative effects on banks’ profits and their role as intermediaries in the country’s financial system, as a …
New investigations into the failed robbery of the Makro Bank in the Argentine city of San Isidro – which was an imitation of the “theft of the century” that the …
The Central Bank of the UAE raised its forecast for the growth of the UAE’s gross domestic product from 3.9% previously to 4% in 2024, supported by improved performance of …
Emirates Development Bank, the main financial driver of the UAE’s economic diversification and industrial transformation agenda, has revealed its participation in the 23rd edition of “Roya – UAE Careers Fair”, …
The Central Bank has obligated companies that provide installment and short-term financing services to clarify to their clients all fees imposed, as a percentage and value, of the total financing …
Banks operating in the country granted individuals financing worth 9.4 billion dirhams during last June alone, which represents an exceptional leap since before 2008. These financings include personal loans, credit …
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