The findings show that 72 per cent of UAE employees operate in mobile-first environments, reflecting the country’s digital infrastructure
UAE banks
Latest in UAE banks
CBUAE
CBUAE issues $5m fines to foreign banks
UAE Central Bank fines foreign banks over anti-money laundering violations
Minister of Industry and Advanced Technology
UAE banks agree $10.9bn financing for industrial sector
UAE banks will provide financing to fund industrial growth in the country
Emirates NBD
Emirates NBD reports record $7.4bn profit before tax
Emirates NBD reports profit after tax of $6.3bn
CBUAE
CBUAE reports $1.21 trillion in bank assets by end of October
Banks’ deposits increased by 1.5%, from AED 2,761.4 billion at the end of September to AED 2,802.5 billion at the end of October 2024
interest rates
UAE GDP to stay ‘strong in 2025-2027’, driven by non-hydrocarbon activity, tax reforms: S&P
Despite the potential vulnerability to sudden increases in regional geopolitical tensions and significant drops in oil prices, the economic risks will remain manageable, the report said
Employee engagement
UAE, Saudi banks push for enhanced employee experience in GCC: Report
The report highlighted the direct impact on profitability through prioritising employee experience on engagement, retention, and innovation
CBUAE
UAE gross bank assets climbed to $1.2tn in August
Central Bank of the UAE gives overview on gross assets of banks in the UAE
digital banking
UAE leads the way for digital innovation in Middle East’s $3.2bn banking sector
The UAE’s willingness to adopt innovative banking practices such as blockchain adoption and AI put it at the forefront of Middle East banking
CBUAE
UAE banks pass AED500bn in capital and reserves to reach historic high
UAE banks see capital and reserves climb by more than 10 per cent in a year
Emirates NBD
Emirates NBD announces $5.2bn profit in first 9 months of 2024
Emirates NBD announces record profits after the first nine months of the year
Etihad Rail
Hafeet Rail announces $1.5bn finance deal as it looks to connect UAE and Oman by train travel
Hafeet Rail announces $1.5bn in project finance debt, secured by Emirati and Omani banks
Arab Monetary Fund
Family credit in UAE banks hits $115bn: AMF
Family credit in the UAE banking sector climbs to $115bn, according to the Arab Monetary Fund
CBUAE
UAE banking sector reports 10.6% growth in capital, reserves, investments
Total capital and reserves of banks operating in the UAE reached AED495.2 billion at the end of June 2024, new data by CBUAE said
Abu Dhabi
UAE banks boost local stock market investments by AED4.4bn over 12 months
National banks raised their equity investments to AED16.1 billion at the end of May, a 37.6% rise on an annual basis
Emirates NBD
Emirates NBD launches Millionaire Account with $15.5m of prizes to be won
Emirates NBD Millionaire Account has MASSIVE prize fund for UAE savers