UAE

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

Sharjah Islamic Bank Ready to Join Pakistan Sukuk as Finance Minister Meets Three UAE Lenders

Sharjah Islamic Bank is ready to take part in a planned Pakistani sukuk issuance, Pakistan's Finance Division said on October 17 after Finance Minister Muhammad Aurangzeb met the bank, ADCB and Ajman Bank in Bangkok.

UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

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UAE Signs Host Agreement With World Bank and IMF for 2029 Annual Meetings in Abu Dhabi

The UAE signed a host country agreement with the World Bank Group and the International Monetary Fund on October 18 for the institutions' 2029...

UAE Raises US Treasury Holdings by $6 Billion to $116.1 Billion in August

The UAE increased its holdings of US Treasury securities to $116.1 billion at the end of August from $110.1 billion in July, while Saudi Arabia trimmed its position to $141.2 billion, US Treasury data showed.

Sharjah Islamic Bank Ready to Join Pakistan Sukuk as Finance Minister Meets Three UAE Lenders

Sharjah Islamic Bank is ready to take part in a planned Pakistani sukuk issuance, Pakistan's Finance Division said on October 17 after Finance Minister Muhammad Aurangzeb met the bank, ADCB and Ajman Bank in Bangkok.

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UAE Holds Rates Steady After US Decision

The UAE Central Bank has decided to keep the base rate for the overnight deposit facility at 4.40%. This move follows the US Federal...

Dubai: Gold Prices Reach Record High Amid Uncertainty

Gold prices soared to new heights in Dubai, crossing the $3,015 per ounce mark. This increase was driven by rising demand for safe-haven assets...

UAE Consumers Face Surge in Digital Payment Scams, Survey Reveals

A recent Visa survey shows that almost 50% of UAE consumers using digital payments have fallen victim to online scams. Additionally, 15% of those surveyed reported...

Emirates NBD Denies Acquisition Plans in Egypt

Emirates NBD, the largest bank in Dubai, has dismissed rumors about acquiring Banque du Caire, an Egyptian bank. Recently, reports suggested that Emirates NBD...

Dubai Gold Prices Dip After Record Surge

Gold prices in Dubai experienced a drop on Tuesday morning following a record spike the previous day. On Tuesday, 24K gold saw a decrease...

UAE Set to Launch Jaywan Card for Global and Local Use

The UAE Central Bank has confirmed that the Jaywan card is ready for launch, both locally and internationally. This marks a major step in the country’s digital payment growth. The UAE...

UAE: Sheikh Mohamed Issues Law on Abu Dhabi Customs

President Sheikh Mohamed has issued a new law restructuring the General Administration of Abu Dhabi Customs. The law grants the entity independent legal status...