Browsing: Banking

Abu Dhabi Commercial Bank has agreed to sell 80% of its stake in Abu Dhabi Commercial Properties (ADCP) to Nine Yards Plus Holding, a subsidiary of Ethmar International Holding based in Abu Dhabi. The announcement was made by the bank on Thursday

Digital Transformation in Banking and Insurance Summit 2023 is set to take place on the…

UAE’s largest bank, FAB, achieved an impressive 58% year-on-year increase in net profit, reaching AED 12.4B in nine months. This growth, aided by a stake sale in Magnati, with total revenue of AED 20.5B, bodes well for other prominent UAE blue-chip banks.

Savings Deposits held by banks in the UAE, excluding interbank deposits, reached a total of…

The UAE Banks Federation ( UBF ) has recently revealed how the banking and financial…

The Central Bank of the UAE’s Financial Stability Report for 2022 revealed that the UAE…

The Central Bank of the UAE (CBUAE) has released its Financial Stability Report for 2022,…

The UAE economy has successfully rebounded from the effects of the COVID-19 pandemic and garnered…

Central Bank of the UAE Keeps 2024 Growth Forecast Unchanged at 4.3%. In its quarterly…

KPMG, a renowned provider of audit, tax, and advisory services in Saudi Arabia, released its…