DUBAI, United Arab Emirates (AP) -- The United Arab Emirates' central bank said Sunday it would offer additional liquidity to banks, signaling a push by the federal government to reassure investors worried about the country's banking sector and its exposure to Dubai's crushing debt....
Similar Stories to Uae To Back Banks Amid Dubai Meltdown on Bing News
By BARBARA SURK and TAREK EL-TABLAWY, Associated Press
Sun, 11/29/2009 - 8:45am
BING NEWS:
- World’s Best Private Banks 2025: Middle East
Regional financial institutions and international players are dedicating more resources to capitalize on private banking in the Middle East. Knight Frank research shows that global UHNWIs rose by 4.2% ...
12/6/2024 - 2:48 pm | View Link - Major Gulf bank post-3Q earnings prospects look better
Gulf banks' prospects are tied to interest-rate cycles, with Saudi peers' margins looking best-placed for rate-cut support into 1H25 after navigating the challenges of rising cost of liquidity though ...
12/5/2024 - 8:52 am | View Link - Gross banks’ assets hit Dhs4,378b by August-end: UAE Central Bank
The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7 per cent from Dhs4,348.6 billion at the end of July 2024 to Dhs4,378.0 billion ...
12/3/2024 - 11:00 am | View Link - Delivery Hero's Talabat sets Dubai IPO price at top end, to raise $2 bln
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering in the United Arab Emirates, after its parent ...
11/28/2024 - 3:08 pm | View Link - Leading GCC Banks Emirates NBD and Mashreq Back Syndicated Loans platform -LoanBook
Emirates NBD and Mashreq Bank today announced a strategic investment in NewBridge Fintech Solutions, a fintech firm and owner of LoanBook, an EMEA-focus ...
11/26/2024 - 6:52 pm | View Link - More
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