ABU DHABI/WAM The Central Bank of the UAE (CBUAE) revealed that total gross banks’ assets, including bankers’ acceptances, rose by 0.5 percent from AED4,287.0 billion at the end of May 2024 to AED4,310.2 billion at the end of June 2024. In its Monetary and Banking Developments for June 2024, the central bank said Gross credit grew by 1.1 percent from ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended a ceremony organised by the Mohammed Bin Rashid Center for Leadership Development (MBRCLD) to mark the completion of 20 years since its establishment. The ceremony was also attended by HH Sheikh Hamdan bin Mohammed bin Rashid ...

DUBAI/WAM The Dubai AI and Web3 Festival opened on Wednesday at Madinat Jumeirah, bringing together 6,000 participants from 100 countries. The event aims to highlight Dubai’s leading role in advancing the digital economy and AI applications globally. The event, organised by Dubai AI Campus – a Dubai International Financial Centre (DIFC) initiative – will explore the commercial and economic potential ...