UAE banking sector resilient amid regional developments: ECB Guv

In a press statement, Khaled Mohamed Balama, Governor of the UAE's central bank, said banks, financial institutions,...

India not affected by the new fee for DirectRemit to key countrie

Emirates NBD has clarified that its DirectRemit service will continue to offer free international transfers to major...

Siraj Finance PJSC signs an agreement with Azentio

Singapore, December 23: Siraj Finance PJSC, a leading Islamic Finance Company in the UAE, has signed an agreement...

UAE banking sector hits all-time-high of AED502.6 billion

A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital and reserves...

Banks in Abu Dhabi pump AED 45.8 bn in financial facilities

Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5...

UAE's banking sector liquid assets stand at AED786.6 billion

The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year...

UAE: Banking sector sees surge in new savings deposits

Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to...

UAE banking sector demonstrates resilience amid global challenges

Saleh attributed this success to the effective strategies implemented by the Central Bank of the UAE (CBUAE),...

UAE: Banking for tech startups to be enhanced in Abu Dhabi

Hub71, Abu Dhabi’s global tech ecosystem, and Wio Bank, the region’s first platform bank, have launched a strategic...

UAE banking sector capitalised with adequate liquidity buffers

The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed...