Browsing: Banks

A Dubai billionaire has urged for banks to remain open during lengthy holidays, citing the “direct harm” caused to customers and the commercial sector by their closure.

The combined capital and reserves of banks operating in the United Arab Emirates (UAE) reached AED 500B by the end of January 2024, as per the latest data released by the Central Bank of the UAE (CBUAE).

Consumers in the UAE can now register complaints against banks and licensed insurance companies through Sanadak, the country’s inaugural ombudsman unit dedicated to resolving customer issues within the financial sector.

National banks in the UAE have increased their credit financing to the business and industrial…

The Central Bank of the United Arab Emirates (CBUAE) has recently taken significant action by…

GCC Central Banks: The Central Bank of Saudi Arabia, the Central Bank of Bahrain, and…

According to a report by the global rating agency Moody’s, it is predicted that there…

UAE financial markets: Abu Dhabi bourse finished 0.773% higher Thursday, with the DFM hitting a…

The Central Bank of the UAE reported that as of January 2023, savings deposits in…

This year, interbank rates increased by more than 400 basis points, and the majority of…