FeaturedInsuranceUAE’s Unemployment Insurance Scheme: All you need to knowWebAdminOctober 21, 2022 by WebAdminOctober 21, 2022 Dr Abdulrahman Al Awar explained that the UAE highly values protecting human dignity... Read more
EconomyFeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
BankingFeaturedUAE central bank to introduce a new overnight deposit facilityPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 The new facility will allow conventional banks operating deposit their surplus liquidity at the central bank on an overnight basis... Read more
FeaturedFintechUAE, Abu Dhabi to jointly host Fintech Abu Dhabi initiative in NovemberInternational Finance Business DeskMay 12, 2020May 12, 2020 by International Finance Business DeskMay 12, 2020May 12, 2020 Fintech Abu Dhabi is a leading initiative created to support startups, innovation, research and collaboration in the industry across the region... Read more
BankingUAE total banking investments reach Dh396.2 bnInternational Finance DeskDecember 23, 2019 by International Finance DeskDecember 23, 2019 The central bank noted that debt securities rose 16.7% year-to-date, reaching a total of Dh245.4 bn... Read more
BankingGCC countries slash interest rates to lower loan costsInternational Finance DeskNovember 1, 2019 by International Finance DeskNovember 1, 2019 The rate cut follows the US Federal Reserve’s decision to reduce rates by 25 basis points... Read more
BankingUAE banks held record Dh65.8bn in savings accounts by mid-2019International Finance DeskSeptember 13, 2019November 4, 2019 by International Finance DeskSeptember 13, 2019November 4, 2019 The savings accounts held by UAE banks accounted for 11.4 percent of the total deposits of Dh1.4 trillion by July end... Read more
BankingNational Bank of Fujairah PJSC approves dividend of 15%International Finance DeskApril 25, 2018 by International Finance DeskApril 25, 2018 Operating profit grew 5.5% reflecting a resilient 2017 performance... Read more
EconomyQ1 2018 saw cheques bounce worth US$4.2bn in the UAEInternational Finance DeskApril 18, 2018 by International Finance DeskApril 18, 2018 The Central Bank of the UAE reports 7.168mn cheques worth AED351.1bn were handled by the UAE Clearing Cheque System... Read more