11/20/2020
At the end of the third quarter of 2020, total deposits of resident and non-resident customers with banks operating in the UAE rose by 2.2 pct (q-o-q), reaching AED1,907.2 billion.
11/18/2020
This transaction, which involves creating a mudaraba based subordinated perpetual financial "equity-like" instrument, is the world's largest ever Islamic finance transaction
11/17/2020
CBUAE will now extend for another six months, starting from January, the duration of a "Zero Cost Facility" aimed at easing liquidity management for banks
11/17/2020
Sami stressed that the CIB pays great attention to the Central Bank of Egypt’s notices regarding compliance issues, and that the necessary mechanisms are being put in place to avoid the repetition of these issues in the future