A view of the UAE Central Bank.
This decision comes after the Federal Reserve announced an increase in the interest rate on reserve balances by 25 basis points at its meeting held on March 16, 2022.
UAE Banks Federation (UBF) has unveiled the results of its 2018 Trust Index Survey, which has been recently completed, revealing that 74% of respondents had high trust in the UAE banking sector, up from 68% in 2017.
Abu Dhabi's First Abu Dhabi Bank (FAB), on Sunday rejected allegations by the Qatar Financial Centre Regulatory Authority (QFCRA), that its branch in the Qatar Financial Centre had failed to provide appropriate financial disclosures.
The Ministry of Industry and Advanced Technology (MoIAT) and EDGE Group have jointly launched Talk 4.0, a new knowledge-exchange initiative to empower industrial leaders
Australia’s central bank on Tuesday raised interest rates by a quarter-point to an 11-year high, and warned that further tightening may be required to ensure that inflation returns to target.
Khalifa Fund for Enterprise Development has signed a Memorandum of Understanding with The Accounter, a UAE-based entity specialising in providing accounting and taxation