Dubai banks hold largest share of the national bank sector’s deposits in January 2025 Total assets of Dubai banks stood at Dh2.025 trillion by the end of January 2025. Gulf News Archives Dubai ...

The base rate applicable to the Overnight Deposit Facility (ODF) stands at 4.40% Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the base rate ...

He urged the public to adopt precautionary measures and stay informed about safe digital banking practices. Recent data reveals a concerning reality. A study by the UAE Cybersecurity Council and ...

The UAE’s banking sector is poised to lead regional resilience in 2025, bolstered by thriving non-oil economic momentum, record-breaking infrastructure investments, and strategic digital ...

The digital payments industry in the UAE continues to expand rapidly, with transaction values projected to reach $80.37 billion by 2025. Image: Shutterstock Tap Payments has secured a licence from the ...

According to banking indicators released today by the Central Bank of the UAE, bank investments in securities representing debt on others grew to AED332.3 billion at the end of January, reflecting a ...

The UAE’s real estate sector has experienced significant growth and development in recent years, becoming one of the world’s most active real estate markets. As with other developing global markets, ...

A similar law passed in 1996 imposed a Dubai Banking Tax on foreign banks. However, with the advent of the Federal Corporate Tax Law of 2022, it was not clear whether the foreign banks were to be ...

The facility aligns with CBD’s strategic vision to enhance its market presence by providing tailored financial solutions to industry leaders Commercial Bank of Dubai (CBD) said it has partnered with ...

The total investments of banks operating in the UAE rose by 1 percent month-on-month, increasing by AED7.3 billion in January to reach AED742.9 billion by the end of the month, marking a 16.1 percent ...

Myanmar Prime Minister, Senior General Min Aung Hlaing, today visited the Indian Army’s Field Hospital in quake-hit Mandalay, ...