UAE Central Bank support package delivers AED 6.2bn in relief to 65,379 beneficiaries UAE Central Bank support package provided AED 6.2bn to 65,379 beneficiaries, offering payment deferrals, fee suspensions and …
Bank
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UAE Development Bank announces Dh1bn initiative to localize 5,000 products
by James Bryantby James BryantManufacturing in the UAE Poised for Growth as Make in UAE Platform Unlocks Zero‑Interest Funding and Market Access Manufacturing in the UAE is set to expand rapidly as government bodies, …
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Business
Arab Bank Group reports Q1 2026 net profit $275.8m, assets $79bn
by James Bryantby James BryantArab Bank Group Q1 2026 results: Net profit edges up to $275.8m as assets reach $79bn Arab Bank Group Q1 2026 results show net profit of $275.8m, a 2% increase …
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Business
UAE launches Tourist Identity for instant digital bank accounts for visitors
by James Bryantby James BryantUAE launches tourist digital ID allowing visitors to open instant bank accounts UAE launches tourist digital ID allowing visitors to open instant, secure bank accounts via biometric verification, boosting digital …
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Business
Dubai Chamber, Commercial Bank of Dubai Host Dialogue to Strengthen Corporate Banking
by James Bryantby James BryantDubai Chamber and Commercial Bank of Dubai Boost Banking Support for Businesses with Tailored Financing Solutions Dubai Chamber and Commercial Bank of Dubai hold open dialogue to strengthen banking support …
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Business
UAE Central Bank launches tourist digital ID for instant visitor bank accounts
by James Bryantby James BryantUAE tourist identity enables instant digital bank accounts for visitors Central Bank, ICA and Abu Dhabi Commercial Bank complete UAE tourist identity rollout, allowing non-resident visitors to open secure digital …
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Business
Abu Dhabi Islamic Bank Posts Q1 2026 Net Profit AED1.825bn Up 7%
by James Bryantby James BryantAbu Dhabi Islamic Bank posts AED1.825bn Q1 2026 net profit as assets hit AED287bn Abu Dhabi Islamic Bank posts AED1.825bn Q1 2026 net profit; revenues climb 12% as assets hit …
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UAE Central Bank keeps base rate at 3.65% as Fed holds rates UAE Central Bank keeps base rate at 3.65%, with short-term borrowing set 50 bps above; move follows the …
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Business
UAE Central Bank orders financial institutions to stop using WhatsApp for customer communications
by James Bryantby James BryantUAE Central Bank bans WhatsApp and instant messaging for customer communications UAE Central Bank orders financial firms to stop using WhatsApp and messaging apps for customer communications; firms must report …
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Business
World Bank predicts 24% jump in energy prices in 2026 if regional unrest ends
by James Bryantby James BryantWorld Bank says energy prices could jump 24% in 2026 if Middle East disruptions ease World Bank warns energy prices could surge 24% in 2026 to their highest since 2022 …