Mazin Manna and Adnan Ahmed Yousif after signing the MoU at ADIB headquarters.
The Central Bank of the UAE (CBUAE) is enhancing its reporting of Non-Performing Loans (NPL) for the UAE banking system to align its methodology with international best practices, in consultation with the International Monetary Fund.
The Abu Dhabi Commercial Bank (ADCB) on Monday reported its financial results for the first quarter of 2019. The results are for the standalone ADCB entity for the first quarter of 2019, prior to the merger with Union National Bank and the subsequent acquisition of Al Hilal Bank.
Ajman Bank has announced the launch of its latest branch in Dalma Mall that boasts state-of-the-art design and cutting-edge digital banking and payment solutions.
Stock markets rallied on Monday, with fresh signs of economic recovery resonating with investors more than a surge in coronavirus infections worldwide.
Effective 12th July, 2020, the Central Bank of the UAE, CBUAE, will introduce a new deposit facility named Overnight Deposit Facility (ODF), which will enable conventional banks operating in the UAE to deposit their surplus liquidity at CBUAE on an overnight basis.
Pushing ahead its agenda of creating a holistic, development-oriented environment for the UAE’s entrepreneurial community amid the socioeconomic economic challenges brought on by the Coronavirus (COVID-19) pandemic, the Sharjah Entrepreneurship
Ducab Group, one of the UAE’s largest manufacturing businesses, has taken a significant step towards increasing its sustainability with the official opening of its Solar Plant, which was inaugurated by His Excellency Saeed Mohammed Al Tayer,