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RAKBANK hosts virtual conference on life insurance products

November 23, 2020

RAS AL KHAIMAH, 22nd November, 2020 (WAM) -- National Bank of Ras Al Khaimah, RAKBANK, today held a virtual conference explaining how sweeping changes......

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UAE's financial free zones sign agreements with Israel's largest bank

November 22, 2020

The UAE's two financial free zones signed agreements with Israel’s largest lender Bank Hapoalim on Saturday to jointly develop local FinTech......

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Israel’s Bank Hapoalim to have presence in DIFC

November 22, 2020

Dubai International Financial Centre (DIFC) has entered into an agreement with Bank Hapoalim, one of Israel’s largest banks to create a framework......

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UAE Central Bank’s gold reserve up to AED8.961 bn by September

November 21, 2020

(WAM) -- The value of Gold reserves held with the Central Bank of the UAE (CBUAE) rose by 121 pct in September 2020 to AED8.961 billion when compared......

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MoF participates in the final G20 Finance and Central Banks’ Deputies meetings

November 21, 2020

ABU DHABI, 20th November 2020 (WAM) - As part of the UAE delegation, the Ministry of Finance, MoF, recently participated in the final two Finance......

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UAE Central Bank extends Tess scheme to June 2021

November 17, 2020

The Central Bank of the UAE said on Monday that it will extend the Dh50 billion Targeted Economic Support Scheme until June 30 next year in an effort......

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CBUAE extends the applicability period of Targeted Economic Support Scheme

November 17, 2020

ABU DHABI, 16th November 2020 (WAM) - The Central Bank of the UAE, CBUAE, has announced the extension of the applicability period of the key components......

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Mashreq Bank, DMCC ink strategic partnership

November 9, 2020

Mashreq Bank and the Dubai Multi Commodities Centre (DMCC) have signed a cooperation agreement to strengthen support for SMEs and start-ups in Duba......

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Expat remittances from UAE, Saudi Arabia fall as return migration takes effect

November 9, 2020

Money flows from expatriate hubs around the world to low and middle-income countries are forecast to drop by 7 percent to $508 billion this year,......

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CBUAE issues new regulation to support development of digital payment services

November 4, 2020

ABU DHABI, 3rd November, 2020 (WAM) -- In an effort to ensure that stored value products and services are operated in a secure, sound and efficient......

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