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AED246.6 bn saving deposits in UAE banks by end of November 2022
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AED246.6 bn saving deposits in UAE banks by end of November 2022

Fri 27-01-2023 22:22 PM ABU DHABI, 27th January, 2023 (WAM) — At the end of November of last year, saving deposits in the UAE banking system, excluding interbank deposits, increased to AED246.61 billion, a growth of approximately AED7.21 billion, or 3 percent, from about AED239.4 billion in November 2021, statistics by the Central Bank of the...

Executive Office of Anti-Money Laundering organises roundtable on partnership between public, private sectors
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Executive Office of Anti-Money Laundering organises roundtable on partnership between public, private sectors

ABU DHABI, 27th January, 2023 (WAM) — The Executive Office of Anti-Money Laundering and Countering the Financing of Terrorism (EO AML/CFT), in partnership with the Future of Financial Intelligence Sharing programme of the Royal United Services Institute (RUSI), organised a roundtable on public-private partnerships and ways to enhance collaboration to combat financial crime. Officials from...

24 Emirati graduate from Oxford’s Leadership Development Programme
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24 Emirati graduate from Oxford’s Leadership Development Programme

SHARJAH, 27th January, 2023 (WAM) — The Emirates Institute for Banking and Financial Studies (EIBFS), the region’s leading institute for education and training in finance, has announced that 24 Emirati professionals along with 14 Expatriates and Bahrain Nationals have completed its Leadership Development Programme (LDP), organised by the institute in collaboration with the Saïd Business...

EDGE Group announced as strategic partner for IDEX and NAVDEX 2023
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EDGE Group announced as strategic partner for IDEX and NAVDEX 2023

ABU DHABI, 27th January, 2023 (WAM) — ADNEC Group announced EDGE Group as the strategic partner for the 16th edition of the International Defence Exhibition (IDEX) and the 7th edition of the Naval Defence Exhibition (NAVDEX) 2023, which will be held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. Organised...

U.S. Mortgage Rates Ticked Down in Late January
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U.S. Mortgage Rates Ticked Down in Late January

Email Sign Up For Our Free Weekly Newsletter According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.13 percent as of January 26, 2023. “Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market,” said...

Dubai’s weeklong real estate transactions exceed AED 8.4 bn
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Dubai’s weeklong real estate transactions exceed AED 8.4 bn

Fri 27-01-2023 18:07 PM DUBAI, 27th January, 2023 (WAM) — A total of 2,786 real estate transactions worth over AED 8.4 billion were conducted during the week ending 27th January, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 285 plots were sold for AED 1.7 billion, while...

Using public transportation in Dubai, you can reach these five tourist destinations
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Using public transportation in Dubai, you can reach these five tourist destinations

Using public transportation to move around Dubai is simple and inexpensive if you’re a visitor. You have a variety of transportation alternatives, including taxis, the metro, tram, and ferries, if you wish to visit one of Dubai’s popular attractions, including the Burj Khalifa or Bluewaters Island. Here is how to use public transportation to go...

Yas launches new unit to develop luxury homes in Abu Dhabi
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Yas launches new unit to develop luxury homes in Abu Dhabi

In order to provide residents and investors in the UAE region and beyond a new standard of luxury, high-quality, and distinctively made properties, Abu Dhabi-based investment group Yas Holding has launched a new real estate division called Taraf. According to a statement from Yas Holding, Taraf, a luxury and boutique residential property developer, will provide...