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Bank of Sharjah records resilient performance for 2020-

July 29, 2021

Bank of Sharjah has announced its results of the period ended June 30, 2021, with the consolidated net profit of the group prior to hyperinflation......

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FAB reports Group Net Profit of AED5.4 billion in H1 2021

July 29, 2021

ABU DHABI, 28th July, 2021 (WAM) -- First Abu Dhabi Bank (FAB) has reported its financial results for the first half period ended 30th June 2021.......

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RAKBank reports 25% jump in second-quarter net profit amid continued economic recovery

July 28, 2021

National Bank of Ras Al Khaimah reported a 25.4 per cent surge in its first-quarter net profit as loans and advances grew and impairment charges......

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Emirates Development Bank Board reviews strategic progress, applauds achievements in H1 2021

July 27, 2021

ABU DHABI, 26th July, 2021 (WAM) -- Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and......

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CBUAE issues new anti-money laundering guidance for financial institutions

July 27, 2021

The Central Bank of the UAE (CBUAE) on Monday issued a new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT)......

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UAE's recovery to gain momentum in H2 as Expo Dubai boosts activity

July 26, 2021

Standard Chartered Bank expects the UAE’s recovery to gain momentum in H2 supported by its fast-paced vaccination campaigns and Dubai's......

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Sharjah offers investors insights on new UAE Commercial Companies Law

July 18, 2021

The Sharjah FDI Office (Invest in Sharjah) and the Sharjah Economic Development Department (SEDD) recently organised a business seminar to offer......

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Bank of America Reports Second-Quarter 2021 Financial Results

July 15, 2021

Bank of America reported its second-quarter 2021 financial results today. The news release, supplemental filing and investor presentation can be......

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UAE to chair 6th Annual AIIB Board of Governors meeting

July 14, 2021

ABU DHABI, 13th July, 2021 (WAM) -- The United Arab Emirates and Asian Infrastructure Investment Bank (AIIB) today signed a Memorandum of Understanding......

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UAE Banks Federation discuss financial crime countermeasures with US Treasury official

July 14, 2021

ABU DHABI, 13th July, 2021 (WAM) -- A high-level delegation of UAE Banks Federation (UBF) Compliance Committee, led by UBF Director-General Jamal......

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