Wednesday, December 25, 2024

UAE Banks

UAE banks attract new deposits worth AED 54 billion

Deposits in UAE banks recorded a remarkable growth of 8.9% during the first five months of 2024, with total new deposits exceeding AED 54 billion. Banks operating in United Arab Emirates In attracting new deposits during the first five months...

UAE banks increase their loans by 15 billion dirhams in a month

Total banking assets in the UAE rose by 10.8% to Dh4.287 trillion at the end of May. Has risen Total bank credit in UAEAED 15 billion, or 0.7%, from AED 2.063 trillion at the end of April to AED 2.078...

UAE banks increase their loans by 26 billion dirhams in a month

Total assets of banks in the UAE rose from Dh4.254 trillion at the end of March to Dh4.296 trillion at the end of April. Total increased Credit granted Of banks in the UAE by 0.8% or AED 26 billion from...

UAE banks increase their financing for trade and industry to exceed 748 billion dirhams

Traditional banks accounted for about 680.8 billion dirhams, or 82.2% of the credit financing granted to the trade and industry sectors in the UAE at the end of last February. The cumulative balance of credit provided by national banks to...

UAE Banks Lead Regional Revenue Surge as Digitalization Slashes Branch Costs Across Gulf

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE bank branches is the highest in the region at US$18.6 million per branch for retail...

Latest News

New visual identity for the General Authority for Food Security in Saudi Arabia

The new visual identity of the General Authority for Food Security embodies the Authority’s pioneering vision in leading food...

Today Gold Rate in Saudi Arabia – 24th Dec 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,790.74 while 24k Per 10 Gram gold price is SAR 3,250.00. Usually...

Today Gold Rate in Qatar – 24th Dec 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,703.26 while 24k Per 10 Gram gold price is QAR 3,175.00. Usually people opt...

Today Gold Rate in Oman – 24th Dec 2024

Today Gold Rate in Oman Today Per tola is OMR 387.82 while 24k Per 10 Gram gold price is OMR 332.50. Usually people opt...

Today Gold Rate in Kuwait – 24th Dec 2024

Today: Gold Rate in Kuwait (Kuwaiti Dinar) Today Per tola is KWD 305.59 while 24k Per 10 Gram gold price is KWD 262.00. Usually...