A view of the headquarters of the UAE Central Bank in Abu Dhabi.
The total value of fund transfers among the UAE’s banks amounted to Dhs745.27 billion in January 2021, according to the statistics released by the Central Bank of the United Arab Emirates.
In 2020, the UAE’s economy showed a remarkable ability to overcome the impacts of the coronavirus pandemic, with the Central Bank of the UAE revealing that early recovery signs began to emerge in the second half of 2020.
Bank investments in the UAE touched Dhs541 billion by the end of February 2023, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed.
Takahiko Shingai, Deputy General Manager and Director of Development Department at ADOC, said: ’’We are planning to expand our production facilities and increasing extraction rates."
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has launched ‘Business in Dubai,’
The UAE’s leading luxury real estate developer Damac Properties hosted an exclusive media tour to showcase its ambitious Damac Lagoons development,