05/01/2020
The UAE banking sector has acted quickly to provide essential support towards the banks and the customers with various relief and stimulus measures amounting to more than $70 billion, executed in line with regulatory guidance.
04/30/2020
The main component of the FATF mutual evaluation report deals with the effectiveness of the systems the UAE has developed and, in that regard, the country is often found wanting.
04/29/2020
Capital Intelligence noted the bank has good liquidity, and enjoys strength in the retail sector, and most of the bank’s deposits are from the local market, even as non-domestic deposits make up a minimal share.
04/29/2020
Dubai’s reliance on real estate, transportation and tourism makes the Middle East business hub the most exposed to the impact of coronavirus in the United Arab Emirates, according to Moody’s Investors Service. “The coronavirus outbreak