Recent Posts

UAE calls for Gaza de-escalation

  Abu Dhabi / WAM The United Arab Emirates has emphasised the need to restore calm to the Gaza Strip, reduce escalation, and preserve civilian lives. In a statement, Afra Mahash Al Hameli, Director of the Strategic Communications Department at the Ministry of Foreign Affairs and International Cooperation (MoFAIC), said that the UAE expresses its deep concern over the current ...

Read More »

Gross banks’ assets in UAE cross AED3tn in 5 months

  Abu Dhabi / WAM The total assets of the 22 national banks increase to AED3.023 trillion in the first five months of 2022, up 4 percent (AED117.3 billion), according to latest statistics released by the UAE central bank (CBUAE). Assets of national banks accounted for 87.8 percent of gross banking sector’s assets of AED3.442 trillion by end of last ...

Read More »

Dubai Chamber sets up ‘Dubai digital assets business group’

  Dubai / WAM Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, announced the formation of the Dubai Digital Assets Business Group (D2A2), which aims to strengthen the digital asset industry’s role in the economic development of the UAE and the wider Middle East region, enhance digital business infrastructure and support the ...

Read More »
Send this to a friend