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...
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...
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...
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...
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...
The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers.
The...
UAE residents hoping to visit Europe “wasted” a whopping Dh20.6 million (€4.93 million) in 2024 due to rejected Schengen visa applications, according to a...
Air Arabia has become the first airline in the region to offer stablecoin-based payment. The Sharjah-based budget carrier has partnered with Al Maryah Community...
