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The UAE ranked second globally in terms of customer confidence in banks at 84 per cent in 2022, according to the index conducted annually by the UAE Banks Federation,
EFG Hermes Holding shares jumped by 15.95 per cent after an offer from First Abu Dhabi Bank (FAB) to acquire the group’s shares, traded at 18.25 Egyptian pounds. Financial Supervisory Authority got a statement of disclosure announcing the desire of
The digital banking platform's primary shareholders ADQ and Alpha Dhabi, one of the fast-growing investment holding companies in the Middle East, own 65%. Additionally, Etisalat holds 25%, and the First Abu Dhabi Bank holds 10%.
The UAE’s aviation sector registered a record growth in terms of air traffic and passenger numbers through the country’s airports.
The surge in global demand has rallied the world’s largest tech and start-up event to scale even higher and bigger in 2023, spearheading a global tech takeover across two Dubai mega venues next month.
Indonesia is launching Southeast Asia’s first high-speed railway, a key project under China’s Belt and Road infrastructure initiative that will cut travel time between the capital
With effect from October 8, the deposit or exchange of Rs2,000 notes at bank branches will be stopped. However, Rs2,000 notes will continue to be legal tender even after October 7, but can be exchanged only at RBI offices, the central bank said.