Dubai 28 May 2018: A total of AED14 billion in cash has been pumped onto the market by the Central Bank in April, the highest liquidity injected by the country’s primary financial regulator since the […]
DUBAI 22 May 2018: Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has signed a landmark unsecured four-year revolving credit facility with an initial commitment of US $ 480 million and an accordion feature that allows […]
DUBAI 7 May 2018: An additional month’s basis salary will be paid to all employees of Union Coop. The firms has followed the UAE government lead on bonus to staff. The UAE had announced on […]
DUBAI 19 May 2018: The Central Bank of the UAE (CBUAE) announced that, as of May 17, 2018, it will publish on its website, a list of foreign currency rates against the AED (Arab Emirates Dirham), to […]
ABU DHABI 30 April 2018: The interest rates charged by the Emirates Inter-Bank Offered Rate (Eibor) hit new highs across all terms, according to UAE Central Bank figures. The one-year Eibor booked a significant rise […]
DUBAI 25 April 2018: Nasdaq Dubai welcomed the listing today of a US$500 million dollar sukuk by Noor Bank, a leading Shariah-compliant bank in the UAE. It is Noor Bank’s second sukuk to be hosted by […]
ABU DHABI 23 April 2018: The UAE Central Bank has withdrawn Dh6 billion of excess liquidity in the market during March after it met the market needs for cash in January and February. The total […]
ABU DHABI 23 April, 2018: The one-year interest rates charged by the Emirates Inter-Bank Offered Rate, EIBOR, posted a significant rise of 3.21 percent after the UAECB started to enforce the new EIBOR system effective […]
Savings and investment tips for expats in UAE DUBAI 15 April 2018: Some of us are lucky enough to receive an annual bonus and a pay rise each year. It is very tempting to spend this […]
DUBAI 16 April 2018: Visa’s first battery-less dual interface biometric payment card, has been unveiled by Gemalto and biometric firm Zwipe with Areeba, a financial and payment technology company, with the support of Unilux Cards. It is the […]