ABU DHABI / WAM The central bank of the UAE (CBUAE) issued a notice to all banks and finance companies operating in the UAE on housing loans granted to beneficiaries of Home Finance of Sheikh Zayed Housing Programme (SZHP). The notice included details of the CBUAE decision, in agreement with SZHP and in line with Article (5) of the ...

Bloomberg Oil falls for a second-consecutive month as a deteriorating demand outlook offset concerns over tight physical supplies. West Texas Intermediate rises, bringing this week’s gain to around 4%. Futures nevertheless recorded their first back-to-back monthly decline since 2020 as fears of an economic slowdown fueled bearish sentiment across markets. The US economy shrank for a second quarter as rampant ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has received congratulatory cables from the Kings, Presidents and Princes of Arab and Muslim countries, on the occasion of the new Hijri Year. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received similar cables ...