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Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Mamo E. Mihretu, Governor of the National Bank of Ethiopia (NBE), have signed a bilateral currency swap...
The value of gold reserves of the Central Bank of the UAE (CBUAE) reached Dhs20.36 billion by the end of April 2024, marking a year-on-year (YoY) growth of around 12...
Emirates Development Bank (EDB) has reported outstanding H1 2024 results, marking a significant impact on the UAE’s economy. The Bank’s cumulative total financing since launching its new strategy in April...
Adnoc Gas on Monday announced the award of engineering, procurement and construction (EPC) contracts for the next phase of the UAE sales gas pipeline network enhancement ‘ESTIDAMA Project’. Separately, ownership...
National Bonds, the UAE’s leading Sharia-compliant savings and investment company, proudly announces the onboarding of United Arab Bank (UAB) to its innovative Sharia-compliant Al Manassah platform, reflecting National Bonds’ commitment...
Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft (144,000 sqm) Grade A logistics park at National Industries Park...
Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and the Prime Minister of the Republic of Côte d’Ivoire, Robert Beugré Mambé, have inaugurated a new...
Investment in green projects coupled with sustainable finance could help the GCC countries to unlock up to $2 trillion (Dhs7.3 trillion) in GDP contribution by 2030, if investment opportunities are...
The total investments by banks operating in the country continued to rise steadily, reaching Dhs666.2 billion at the end of April 2024, registering growth of 0.3% on a monthly basis,...
Sajjad Ahmad, Deputy Business Editor Tourism experts have confirmed an increase in hotel occupancy rates across the UAE overall and Dubai in particular during this summer, as the city...
