Abu Dhabi / WAM Credit financing provided by national banks to the trade and industry sectors totalled AED37.2 billion in the first nine months of 2022, according to recent data issued by the central bank of the UAE (CBUAE). The statistics showed that the cumulative balance of credit provided by national banks to the trade and industry sectors reached ...

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new sustainability-linked current account for corporate clients, extending its leadership as an environmental pacesetter for the UAE banking sector. The new FAB Sustainable Account will support clients in achieving ESG objectives by contributing ...

  Dubai / Gulf Time Deyaar Development PJSC (Deyaar), one of the leading real estate developers and service providers in Dubai, has announced its intention to launch a trio of new projects in Al Furjan worth approximately AED300 million. The three projects will comprise residential units and hotel apartments and will include approximately 400 diverse units consisting of one, two ...