Blockchain is disruptive
The banks are using blockchain to improve trade finance, strengthen KYC and...
UAE banks
UAE urges banks to extend support to private sector
Previously, the central bank provided over Dh 61 billion in the form...
Islamic Development Bank launches $2 bn coronavirus response package
The package will help member states to cope with the impact of...
UAE central bank’s foreign assets reach Dh405.94 billion in February 2020
The central bank's total foreign assets increased 13 percent compared to the...
Dubai Islamic Bank approves increase in foreign ownership limit
The bank's shareholders have approved foreign ownership limit of shares to 40...
UAE’s four largest banks’ profitability to remain strong in 2020
The combined net profit of the four banks increased 13 percent to...
ADIB funds $80 million Sharia-adhering facility to Oman Shipping Company
OSC will invest the funds from this Ijara facility in purchasing very...