ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) has introduced a new digital service allowing individual employers to register and pay employees’ salaries directly through the ADIB Mobile Banking app and corporate employers via the ADIB Direct app. ADIB is one of the first banks to offer this service, which is fully aligned with the approved regulatory framework of …

AJMAN/WAM Real estate transactions in the Emirate of Ajman recorded 864 transactions during the month of May, with a total value of AED 1.6 billion. Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulation Department, stated that the performance of the real estate sector during May reflects the continued activity in the market …

ABU DHABI/WAM Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), received Khalid Humaidan, Governor of the Central Bank of Bahrain (CBB), at the CBUAE headquarters in Abu Dhabi. During the meeting, both sides discussed ways to further strengthen the strategic partnership and enhance cooperation frameworks in the financial and banking sectors. The meeting also addressed several …