Abu Dhabi / WAM Credit facilities provided by UAE banks to non-resident clients rose by AED17.5 billion ($4.76 billion) over the first eight months of the year, statistics by the central bank of the UAE shows. The cumulative balance of bank loans to non-residents increased 10.5 percent by the end of August, bringing to AED183.5 billion the cumulative balance of ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the Nasdaq Dubai Growth Market, a new market under the umbrella of Nasdaq Dubai. The initiative aims to help young businesses and small and medium-sized companies, SMEs, achieve the next phase of their expansion by raising capital through an initial public ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 110,807 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...