Banking & Finance
Company contributes to UAE's prominance as global financial center
Company’s share price closed at $0.18, down 98 percent in under 2 years
Losses stemming from the most significant non-performing loans in three years
The agency lowered the rating of 11 American banks and placed major banks under review
Investments in fintech startups in 2023 show better results than in 2022
Half-year net profit rose to 205 million Qatari Riyals
Strategic plan 2023-2026 focuses on financial empowerment, sustainability
Cost savings for banks from AI applications could be $447 bn by 2023
Market boost can bring more attention to burgeoning industry,
In 2021 alone, the UAE invested $5.6 billion in 71 projects on the continent
PIF announced the establishment of a sports investment company to support growth of the sector
For seamless digital experience, enhanced security
Sheikh Maktoum: DIFC to play vital role in Dubai's sustainable development
Aimed at maintaining the UAE’s position as a major investment hub
First deputy preparing to resign, second and third continue duties
Salameh's 30-year tenure ends amid corruption charges, economic turmoil
PIF set up five regional investment firms, targeting investments of up to $24 bn
30 banks with as few as $100 billion in assets are impacted
GCC central banks followed suit and raised interest rates by 25 basis points
Budget surplus of 6.4 billion Kuwaiti dinars, amounting to $20.86 billion
