Picture used for illustrative purpose only.
According to the report, CBUAE noted that the UAE banking system remains strong, with sufficient capitalisation and liquidity reserves, solid financial performance and high operating efficiency.
Abu Dhabi Commercial Bank (ADCB) recommended a cash dividend of Dhs0.27 per share, translating to a pay-out of Dhs1.878 billion, or 49% of the net profit for 2020.
Abdulhamid Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE), has said that in light of the COVID-19 pandemic, central banks across the globe have played a fundamental role in promoting continued economic activity
Abdulhamid M. Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE), participated as a lead speaker at the Meeting of Governors from Major Emerging Market Economies organised by the Bank for International Settlements, which was held via video conference.
Abu Dhabi National Energy Company (Taqa), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (Adnoc) announced on Thursday
China’s passenger vehicle sales fell for the first time in six months in November and are expected to stay flat next year, an industry body said on Thursday,
The 6th edition of the Sharjah Entrepreneurship Festival (SEF), organised by Sharjah Entrepreneurship centre (Sheraa), is poised to be the biggest yet.