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Mashreq partners with Bank Al Habib Limited Pakistan

November 25, 2022

Mashreq Bank, one of the leading financial institutions in the UAE, has signed a strategic partnership with Bank Al Habib Pakistan to offer free......

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Fitch affirms ECI’s ratings at AA- with stable outlook for fourth consecutive year

November 23, 2022

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has been assigned 'AA-' (Very Strong) ratings for the fourth consecutive......

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UAE Banks Federation reiterates importance of supporting SMEs

November 23, 2022

ABU DHABI, 22nd November, 2022 (WAM) -- The UAE Banks Federation recently organised a webinar on growth opportunities and innovation of banking solutions......

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Wio Bank, Abu Dhabi Global Market join hands to improve banking journey for SMEs

November 16, 2022

ABU DHABI, 15th November, 2022 (WAM) -- Wio Bank, the region’s first platform bank, today announced a partnership with Abu Dhabi Global Market......

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CBUAE highlights new initiatives during Insurance Sector CEO Forum

November 15, 2022

ABU DHABI, 14th November, 2022 (WAM) -- Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), chaired the Insurance Sector CEO......

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GCC banks to start 2023 on solid footing despite global economic uncertainties, S&P says

November 14, 2022

GCC banks will start next year on a solid footing helped by a rise in profitability on higher oil prices, improving confidence and large-scale-government......

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Sharjah-based Invest Bank’s accumulated losses reach $588mln

November 10, 2022

Sharjah-based Invest Bank’s accumulated losses have reached AED2.16 billion ($588 million), according to a bourse filing on Wednesday. The......

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FAB takes part in COP27 panel to explore future of NZBA in MENA

November 10, 2022

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has today taken......

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United Arab Bank reports AED119 million net profit in Jan-Sep 2022

November 10, 2022

SHARJAH, 9th November, 2022 (WAM) -- United Arab Bank (UAB) announced its financial results for the nine months ending 30th September, 2022. UAB......

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How Fed rate hike will impact UAE consumers’ savings, mortgages, credit cards

November 5, 2022

The US Federal Reserve’s decision to hike interest rates will add financial burden to consumers in the UAE who are already battling with rising......

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