Arab Bank headquarters in Amman, Jordan. File
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.
The 10-year swap rate on the Dirham has steadied at 1.6 per cent by the end of H1-2020, only rising to 1.9 per cent during the first week of June before falling against to 1.6 per cent by the end of the month, according to the figures of the Central Bank of the United Arab Emirates.
The expectations of consumers across the United Arab Emirates in the banking sector is rapidly evolving, even more so with the pervasiveness of the COVID-19 crisis, according to new research announced on Monday by Boston Consulting Group (BCG).
The UAE-Israel Comprehensive Economic Partnership Agreement, which was signed on May 31, 2022, will come into effect on April 1, 2023.
In line with the keenness of Dubai Electricity and Water Authority (DEWA) to enhance cooperation with international companies and exchange best international experiences
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, stated that the UAE leadership believes