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Ajman Bank provides Arada with AED152 million in financing for Sharjah megaproject Aljada

January 25, 2022

SHARJAH, 24th January, 2022 (WAM) -- Ajman Bank has signed a financing agreement with local developer Arada that will provide AED152 million to finance......

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Sharjah's United Arab Bank appoints interim CEO

January 22, 2022

UAE-listed United Arab Bank (UAB) has appointed Thomas Mathew Alexander to take over the reins as interim chief executive officer of the company,......

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First Abu Dhabi Bank to partner with Thomas Murray

January 21, 2022

First Abu Dhabi Bank (FAB) has announced that it will partner with Thomas Murray, a UK-based post-trade and technology company who provide guidance......

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CBUAE, CBRT sign agreement to establish swap agreement for their currencies

January 20, 2022

ABU DHABI, 19th January, 2022 (WAM) -- The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of the Republic of Turkey (CBRT)......

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DFSA grants ABK DIFC Branch Category 1 banking licence

January 18, 2022

The DIFC is home to major global financial institutions and boasts a worldwide reputation as an international financial centre with an excellent......

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80 percent growth in bank deposits in 10 years: Federal Competitiveness and Statistics Centre

January 17, 2022

ABU DHABI, 16th January, 2022 (WAM) -- Deposits at UAE banks grew 80% to AED1,884 bn in 2020 from AED1,049 bn in 2010, according to a report by the......

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Global bond funds see outflows on expectations of faster Fed rate moves

January 15, 2022

Global bond funds faced their first weekly outflow in four weeks in the seven days to Jan. 12 on expectations that the U.S. Federal Reserve will......

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The Future of the Point of Sale Is Here: Visa Pioneers Cloud-based Payment Acceptance

January 14, 2022

Today Visa (NYSE: V) announced a new platform, Visa Acceptance Cloud (VAC), set to...

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Mary Kay Continues Its Commitment to Skin Science

January 14, 2022

Mary Kay Inc., one of the world’s innovative skincare companies, participated...

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Dubai Free Zones Council discusses facilitating opening business bank accounts

January 10, 2022

DUBAI, 9th January, 2022 (WAM) -- The Dubai Free Zones Council (DFZ Council) held its 19th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum,......

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