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CBUAE Governor discusses digital transformation and Emiratisation plans with bank CEOs

June 23, 2022

ABU DHABI, 22nd June, 2022 (WAM) -- Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE), held a meeting with......

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Board of Central Bank of UAE discusses Emiratisation plan for banking, insurance sectors

June 23, 2022

ABU DHABI, 22nd June, 2022 (WAM) -- H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman......

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Emirates Development Bank to showcase industrial impact at 'Make it in the Emirates Forum'

June 20, 2022

ABU DHABI, 19th June, 2022 (WAM) -- Emirates Development Bank (EDB) will be participating in the first 'Make it in the Emirates Forum' held......

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UAE insurer banned from issuing new policies for a year

June 17, 2022

A UAE-based insurer has been slapped with administrative sanctions by the country’s central bank for failure to meet regulatory obligations.......

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CBUAE imposes administrative, financial sanctions on finance company operating in the country

June 15, 2022

ABU DHABI, 14th June, 2022 (WAM) -- The Central Bank of the UAE (CBUAE) imposed administrative and financial sanctions on a Finance Company operating......

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Shuaa Capital buys out Allianz Marine and Logistics Servicesp

June 15, 2022

Shuaa Capital has completed the leveraged buyout (LBO) of Allianz Marine and Logistics Services in an $160 million SOFR-based acquisition facility......

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ADFD participates in Bonds, Loans and Sukuk Middle East forum as a strategic sponsor

June 10, 2022

ABU DHABI, 9th June, 2022 (WAM) -- Abu Dhabi Fund for Development (ADFD) participated as a strategic sponsor in the Bonds, Loans and Sukuk Middle......

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FAB offers ADGM registered entities preferential banking services

June 9, 2022

ABU DHABI, 8th June, 2022 (WAM) -- Abu Dhabi Global Market (ADGM) and First Abu Dhabi Bank (FAB) have signed a Memorandum of Understanding to further......

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CBUAE expects UAE's real GDP growth to reach 4.2% next year

June 9, 2022

ABU DHABI, 8th June, 2022 (WAM) -- The Central Bank of the United Arab Emirates (CBUAE) has revised up its projections for the country's real......

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Dubai’s Deyaar to suspend shares as it completes capital reduction process

June 8, 2022

Dubai developer Deyaar has completed the procedures to obtain the final approval on its proposed capital reduction plan to write off accumulated......

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