Dubai: The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value of more...
ABU DHABI, (WAM) — The Dubai Islamic Bank donated AED16 million to the Zakat Fund, whose projects this year are being carried out under the slogan,...
(Bloomberg) — Two of Dubai’s biggest banks bought loans made to DXB Entertainments PJSC from other regional lenders as part of plans by its majority owner to...
The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go of hundreds...
The bank is positioned to become one of the largest Islamic Banks in the world with total assets exceeding AED 275 billion. The acquisition will...
