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This collaboration seeks to enhance market liquidity and financial stability, aligning with the ADX’s vision
GCC banks have sufficient external liquidity to cover outflows in most cases
Bank becomes the first regional and UAE dirham, Saudi riyal, and Indian rupee settlement bank on the platform
Nasser noted that Asia and the Global South are often overlooked in transition plans, impacting the world
UAE leads the region in the fintech startup sector, with over 550 companies currently operating in this field
Net profit rose 4 percent year-on-year to AED12.9 billion in the first nine months of 2024
The move reflects the UAE's commitment to support communities in crisis
The initial focus of Project Aperta will be on trade finance for SMEs
The bank is diversifying its financing portfolio, with total customer financing at AED36.6 billion
This marks the first consecutive rate reduction in 13 years
The committee noted that this decision reflects recent global and local developments
Financial products and services that could help young adults are sometimes out of reach due to governing frameworks and societal biases
Payment passkeys use device-based biometrics to replace OTPs, making online transactions faster and safer
Significant loan growth, a low-cost funding base and strong transaction volumes propel group's growth
This move would accelerate Odeabank’s growth and drive tech advancements in financial services
The initiative seeks to streamline tax compliance by collecting VAT on real estate and land transactions
Mashreq selects Oracle Exadata Cloud@Customer to leverage cloud automation and boost scalability
Total volume of sustainable sukuk globally reached $7.1 billion in the first nine months of 2024, down 11 percent year-on-year
CEOs of unicorns noted that Dubai is an ideal gateway for launching global digital initiatives
In5 Science provides a platform for over 35 innovative science start-ups
The funding will support RAK Properties' projects, including luxury hotels and residential communities in Mina Al Arab
The platform aims to improve government solutions for better service delivery and adaptability
This collaboration aims to mobilize the UAE community to raise vital funds for emergency relief
In 2023, overall global venture capital funding declined to $248.4 billion, the lowest since 2017
