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    Invest bank expands digital trade finance through strategic deal with Veefin Solutions

    Invest bank expands digital trade finance through strategic deal with Veefin Solutions

    18 Feb 2025

    Gulf Today, Staff Reporter Invest bank on Tuesday announced a strategic partnership with Veefin Solutions to introduce cutting-edge digital trade finance solutions for businesses across the UAE. Through this...

    UAE leads digital banking in Middle East

    UAE leads digital banking in Middle East

    19 Nov 2024

    The UAE is setting the standard for Middle Eastern banking innovation, commanding the largest share of the region’s $3.2 trillion in banking assets and driving rapid digital growth that...

    UAE accounts for 47.3% of Arab exchange companies: AMF

    UAE accounts for 47.3% of Arab exchange companies: AMF

    03 Oct 2024

    The United Arab Emirates accounts for approximately 47.3 per cent of the Arab exchange companies, according to the latest statistics from the Arab Monetary Fund (AMF). The Fund reported that...

    UAE leads Arab world in banking sector assets with 24.3% share

    UAE leads Arab world in banking sector assets with 24.3% share

    30 Sep 2024

    The Arab Monetary Fund (AMF) reported a significant growth in the assets of the banking sector in the Arab countries, rising to US$4.574 trillion at the end of 2023, up...

    UAE banking sector showcases resilience with strong capital buffers, favourable liquidity conditions: CBUAE

    UAE banking sector showcases resilience with strong capital buffers, favourable liquidity conditions: CBUAE

    26 Sep 2024

    The Central Bank of the United Arab Emirates (CBUAE) issues its Financial Stability Report for 2023. The report provides a comprehensive assessment of the stability of the UAE financial system...

    UAE’s banking sector net international reserves increase by 8.1 per cent in H1 2024

    UAE’s banking sector net international reserves increase by 8.1 per cent in H1 2024

    13 Sep 2024

    Net international reserves of the UAE’s banking sector increased by 8.1 percent, or Dhs92.3 billion, during the first half of 2024 (H1 2024), reaching Dhs1.238 trillion at the end of...

    UAE banks’ investments up 0.3% to Dhs666.2b

    UAE banks’ investments up 0.3% to Dhs666.2b

    13 Jul 2024

    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,...

    Dhs13.1b rise in monetary deposits during April: CBUAE

    Dhs13.1b rise in monetary deposits during April: CBUAE

    12 Jul 2024

    The Central Bank of the United Arab Emirates (CBUAE) announced that monetary deposits increased by over 1.74 per cent or Dhs13.1 billion in April, reaching Dhs764 billion, compared to Dhs750.9...

    Free Zones Authority of Ajman, ruya sign deal

    Free Zones Authority of Ajman, ruya sign deal

    11 Jul 2024

    The Free Zones Authority (FZA) of Ajman has entered into a strategic partnership with ruya, the UAE’s digital-first Islamic bank, to provide comprehensive business banking services for startups and SMEs....

    CEOs Advisory Council of UBF reviews plans and initiatives

    CEOs Advisory Council of UBF reviews plans and initiatives

    25 Jun 2024

    Gulf Today, Staff Reporter The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, held its second regular meeting of...

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