Egypt, UAE central banks affirm coordination on Banque Misr branches
The Central Bank of Egypt (CBE) and the Central Bank of the United Arab Emirates (CBUAE) affirmed their full and…
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Central Bank of the UAE
UAE targets AED2.56t in Islamic banking assets by ’31
The UAE’s newly approved Islamic Finance and Halal Strategy is expected to significantly accelerate the growth of…
UAE’s DFM, Mbank to launch IPO upgrade
Dubai Financial Market (DFM) has teamed up with Al Maryah Community Bank (Mbank) to launch the IPO Upgrade…
Egypt receives 1st $5b for Ras El Hekma deal
Egypt’s Prime Minister Moustafa Madbouly has confirmed on Thursday the receipt of a $5 billion payment as part of…
UAE, Qatar central banks keep rates unchanged in tandem with Fed move
The UAE and Qatar central banks have kept the interest rates unchanged, following the U.S. Federal Reserve’s move…
Currency swap deal raises chances of Egypt’s UAE export boost: BdC chair
Egypt’s currency swap agreement with the UAE will increase the chances of the North African country boosting its…
UAE’s Majid Al-Futtaim profits rise 18% in H1 2022 – statement
Dubai-based Majid Al-Futtaim Group announced that its earnings climbed to Dh1.9 billion ($517.71 million) and…