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…
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UAE Central Bank
UAE Central Bank Seeks Solution For Loan Defaulted By Nationals
The Central Bank of the UAE has asked the banks and financial institutions to find a solution to the issue of…
UAE Averted Mortgage Crisis
The UAE faced a real estate mortgage crisis similar to that of the United States but managed to avert the problem…
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…
UAE Central Bank Says To Launch Discount Window
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window…
UAE Central Bank Changes Banks Exposure Limits Rules
A circular released by the UAE Central Bank earlier this month amending large exposure limit rules and introducing…
ID Not Valid To Open Bank Account In UAE
Though opening a bank account in the UAE is relatively easy, banks are yet to accept the Emirates identity card…
Al Suwaidi Urges Banks To Lend SMEs
UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi urged banks to boost lending to small and medium enterprises…
Al Ansari Exchange Partners With IFH To Offer Labor Guarantee Services
Al Ansari Exchange, the UAE's exchange house network that provides worldwide remittance and foreign exchange…
