Telecom subscribers in the UAE increase to 23.67 mn
Around 3.046 mn people subscribed to internet services until December, while fixed-line...
UAE
Mubasher granted short-term margin trading licence in the UAE
Abu Dhabi Exchange has granted the licence making Mubasher the first financial...
UAE central bank’s foreign assets reach Dh405.94 billion in February 2020
The central bank's total foreign assets increased 13 percent compared to the...
Dubai Islamic Bank agrees to increase foreign ownership limit to 40%
Currently the foreign ownership limit in the bank is 25%...
Abu Dhabi records real estate deals worth Dh58 bn in 2019
Deals includes sales and mortgages of lands, buildings and real estate units...
ADIB launches digital forex platform for better foreign exchange rates
The digital forex platform is an extension of ADIB Direct, an integrated...
Renewable energy investment in MENA to reach $35 bn in 2020
Currently, there are seven gigawatts of renewable energy projects in the region...
Dubai’s first KYC blockchain data-sharing platform goes live
The platform is launched by Mashreq Bank and Dubai International Financial Centre...
Dubai Port seeks partnership with Pelindo IV to develop Ambon’s new port
Dubai Port is also interested in collaborating with Pelindo IV for the...
UAE’s four largest banks’ profitability to remain strong in 2020
The combined net profit of the four banks increased 13 percent to...