10/15/2020
Arabtec told banks that Target had been identified as a sustainable business and could be protected from the collapse of the wider group if creditors agreed to a standstill, said three sources with direct knowledge of the matter.
10/14/2020
The meeting will be chaired by the Saudi Minister of Finance, Mr. Muhammad Al-Jadaan, and the Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed Al-Khulaifi.
10/14/2020
The outcome of these positive developments was reflected in the profitability of the UAE banking system, which has maintained good growth rates, with net profits for the year 2019 amounting to about 45.3 billion dirhams, and the return on assets increased
10/13/2020
The bank’s largest shareholders will be Saudi Arabia’s Private Investment Fund, the Public Pension Agency and the General Organization for Social Insurance, all government entities.
10/13/2020
In the meantime, total withdrawals from the CBUAE during the reference period valued around Dhs134.77 billion, Dhs134.756 billion of which are banknotes and the remainder in coins.