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UAE Borrowers Shouldn’t Anticipate Lower Interest Rates Next Week

Banking Staff Writer -
Robust US economy makes June rate cut in UAE less likely. Dubai: Expectations of lower borrowing costs have weakened after a stronger-than-expected US jobs report...

ADIB Launches Digital Mobile Service to Streamline Salary Payments for Employers

Banking Staff Writer -
New WPS-compliant feature enables employers to process salary payments directly through banking apps. Abu Dhabi Islamic Bank has launched a new digital service that allows...

Al Jalila Foundation receives Dh10 million donation from Dubai Islamic Bank.

Banking Staff Writer -
The funding will support patient care, medical education, and research across Dubai Health. Dubai: Al Jalila Foundation has received an AED10 million Zakat donation from...

UAE residents can now obtain war risk insurance coverage for homes, vehicles, and cargo.

Banking Staff Writer -
Orient Insurance expands protection to cover cargo, homes, and vehicles against war-related risks. Dubai: Comprehensive insurance solutions provider Orient Insurance has expanded its war risk...

UAE banks did not request Covid-era-style bailouts during the war, banking chief says.

Banking Staff Writer -
UAE banking sector reports resilient profits and lending despite ongoing tensions. Dubai: Senior banking officials said the UAE banking sector has not sought any Covid-style...
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From diplomatic service to dairy innovation: Meet the Emirati championing kefir’s rise in popularity

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SB Girls to headline one major UAE show in Abu Dhabi, while details of a Dubai concert are yet to be revealed.

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Information about the Dubai performance is expected to be...

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