Tag: Banking
UAE banking sector can tackle any macro-financial shocks; Central Bank
The Central Bank of the UAE (CBUAE)'s recent Financial Stability Report (FSR) states that the UAE's banking sector can withstand any form and size...
UAE launches ‘The Bankers Programme’ to promote youth into Banking Sector
UAE's Human Resources Authority (HRA) has collaborated with the Abu Dhabi Global Market (ADGM) Academy, and First Abu Dhabi Bank (FAB) to set up...
CBUAE reveals Overnight Deposit Facility for UAE Banks
The Central Bank of the UAE (CBUAE) has introduced a new deposit facility, Overnight Deposit Facility (ODF) which will allow conventional banks operating in...
Saudi IPO in COVID; Amlak International offers its share on Tadawul
Saudi Arabian real estate finance company Amlak International opened up it's Initial Public Offering (IPO) yesterday allowing the Saudi public to purchase its share...
Saudi Banks Merge; NCB set to acquire Samba in a $15.3bn...
Two of the largest banks in Saudi Arabia, The National Commercial Bank (NCB) and Samba Financial Group have entered into an initial agreement to...
UAE startup challenges revealed by HUB71’s Study
Following the launch of its white paper, Hub71 partnered with Mashreq Bank and First Abu Dhabi Bank to conduct pilot studies with an aim...
Bahrain’s Al Salam Bank praised by KPMG for toping key performance...
According to a report by KPMG, Al Salam Bank-Bahrain (Al Salam Bank) has attained the highest reduction in non-performing financing (NPF) amongst fifty-five GCC...
Landmark Sukuk of Islamic Development Bank closed by Emirates NBD Capital
The investment banking arm of Emirates NBD, Emirates NBD Capital Limited, has successfully closed the Islamic Development Bank (IsDB)’s first-ever USD Sustainability Sukuk.
Emirates NBD...
