UAE banking sector


UAE Central Bank Boosts Liquidity With $4.3bn Cash Injection

Middle East Business News - Published date: .

Certificates of deposit dropped to $53bn by the end of May, from $54bn in April Read more

First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions

Middle East Business News - Published date: .

Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more

Mashreq Reports Drop In First-half Profit Amid 'tough Operating Environment'

Middle East Business News - Published date: .

Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more

Survey Reveals Trust In UAE Banks On The Increase

Middle East Business News - Published date: .

UAE banking sector has higher trust rating than US, UK, China, Japan, France and Germany Read more

Emirates NBD Reports 45% Slump In Profit After $1.1bn Provisions

Middle East Business News - Published date: .

Emirates NBD continues to have a good underlying operating performance, said CFO Patrick Sullivan Read more

Emirates NBD's Q1 Profit Drops As It Sets Aside $700m In Covid-19 Provisions

Middle East Business News - Published date: .

Emirates NBD, Dubai's largest bank, reported a 24% drop in its first-quarter profit Read more

Irregularities Found Habib Bank's UAE Operations

Middle East Business News - Published date: .

Employees in some of Habib Bank's UAE branches helped certain customers disguise transactions by issuing pay orders in t... Read more

UAE Bank Customers' Complaints To Be Dealt With Quickly Under New Guidelines

Middle East Business News - Published date: .

Consultation process launched for new Financial Consumer Protection Regulatory Framework Read more