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Past articles by Banking:
COVID-19 fightback: UAE banks learn value of remote banking
Banking sector takes the lead in combating virus by using digital services → Read More
COVID-19: UAE central bank warns about fraud attempts linked to coronavirus scare
Regulator say communication that asks for personal details should be treated as suspect → Read More
Dubai Free Zones Council launches stimulus package to mitigate economic risks from COVID-19
Package includes initiatives aimed at enhancing liquidity and reducing cost for companies → Read More
Coronavirus impact to drag down GCC growth to 0.6% in 2020
Mena region likely to slip into recession due to oil prices and coronavirus impact → Read More
COVID-19: UAE banks and exchange houses to have more flexibility on remote work
They along with exchange houses can also choose shut down branches temporarily → Read More
COVID-19: Abu Dhabi banks offer loan and financial relief to customers affected by coronavirus
Relief package includes 17 initiatives to support retail and SME customers → Read More
Abu Dhabi banks offer relief pacakge to coronavirus impacted customers
Relief package inclued 17 initiatives to support retail and SME customers → Read More
Sharjah signs Petrofac for $40m gas storage project
Launches $40m storage project at Moveyid field, and to be used for domestic consumption → Read More
Emirates airlines to suspend passenger operations from March 25, to retain cargo flights
The airline said move it will retain cargo operations → Read More
UAE banks support customers impacted by coronavirus
Central bank schemes and relief announced by banks to ease pain of customers → Read More
Interest rate cuts to impact UAE banks’ profitability
Gross yields on loans will decline more than the funding costs → Read More
UAE banks and clients need to do it digitally
Every effort must be made to access banking services via online means, says central bank → Read More
ADCB to support customers impacted by coronavirus
1.2m retail customers of ADCB and Al Hilal and 50,000 SME customers of ADCB to benefit → Read More
UAE stimulus will limit banks’ asset quality dip
Central Bank has allowed banks to free up $13.6b in additional lending → Read More
UAE Central Bank issues 'Dormant Account Regulation'
Issues regulation to protect customers losing their money held in such accounts → Read More
Coronavirus threat: DFM temporarily shuts its trading floor
Dubai Financial Market. DFM announced that it is temporarily closing its Trading Floor and Customer Affairs counters until further notice from Monday 16 March 2020, as part of its commitment to public health of all market participants and employees and in line with measures taken in the UAE to contain coronavirus. Image Credit: Pankaj Sharma/Gulf News Dubai: Dubai Financial Market (DFM)… → Read More
UAE Central bank’s Dh100b support to lift liquidity and lending of banks
Central bank of UAE uses its financial strength to support banking system and the economy → Read More
UAE Central Bank to suppot banks in Covid-19 impact
Central bank assures all support to maintain stability of the UAE banking system → Read More
Price war in oil market to hurt GCC economic growth
Falling government revenues and impact of coronavirus to slow oil exporters → Read More
UAE banks take precautions against coronavirus
Banks, financial institutions in UAE tell their staff to take precautions against COVID-19 → Read More