According to statistics obtained by Arabian Business from the Union of Arab Banks, the UAE has increased by 170% in green bond issuance, while Saudi Arabia has recorded a 69% increase as its largest issuer in 2023.
The United Arab...
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...