UAE national banks’ assets reach $823 billion in May
UAE national banks’ assets rose 4 percent to $823 billion in Jan-May 2022, according to latest statistics released…
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UAE banks
Telecom Egypt to raise UAE banks’ syndicated loan of $500mn
Telecom Egypt, the country’s largest internet provider, is raising a $500 million syndicated loan for capital and…
UAE Banks’ Profits Up 18.2% In 2011
UAE banks, which control the biggest asset base in the Middle East, boosted their net income by nearly 18.2 per…
Bank Credit Up 1.5% In Q2
Domestic credit extended by UAE banks grew by around 1.5 per cent in the second quarter of 2012 compared to the…
Bank Customers To Face Tough Times In UAE
The Central Bank on Monday sent UAE banks six news forms, which cover details about loan size and interest rates,…
MIDEAST STOCKS-Saudi Arabia Hits 9-Day Low; UAE Banks Steady
Saudi Arabia's bourse slumped to a nine-day low on Tuesday as investors reacted to second-quarter earnings, while…
UAE Banks Use New Fund Transfer System
UAE banks have fully adopted the UAE Fund Transfer System (UAEFTS) that enables them to conduct all interbank local…
UAE’s bank deposits rise 1.5% in 2011
UAE's Central Bank announced today that total bank deposits in the country increased by 1.5% during the month of…
