Banking & Finance
The UAE was the most active country in the 2022 edition
New company aims to provide financial services to micro, small enterprises
Funding will be used to fuel international expansion
Guidelines involve the use of digital ID systems
Its biggest round of job write-offs ever
Mubadala will hold 80% ownership in the AD Global Market-based entity
UAE bank's market capitalization is more than $51 billion
AFAQ is another step closer to unifying banking across the region
Reached a $825 million term loan facility
Conversations focused on the transformation taking place in financial services
Central Bank: Loan-to-deposit ratio reached lowest level in 7 years
Using laser-focused due diligence and real-time data analytics
For the state's development sectors and the private sector
Positive outcomes were achieved at all levels of the financial sector
Debts of Egypt, Lebanon, and Turkey saw significant increase in 2021
Interest rate hikes by 50 basis points
He lost to Arnault whose fortune is now estimated at $171 bn
"The previous five years saw major structural reforms"
