Moody’s lowers outlook on UAE banking profitability, while penciling in 5% growth for the non-oil sector
The agency lowered its outlook on the UAE banking system from “positive” to “stable”
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The agency lowered its outlook on the UAE banking system from “positive” to “stable”
PLUS: New crypto payment options and a credit rating review for Masdar
Plus: The lenders are expanding their debt programs
PLUS: Drake and Scull secures AED 1 bn Arabian Hills contracts
The foundation of any scalable financial services business lies in its infrastructure
Plus: Stocks listed on the ADX can now be bought and sold on global trading platform eToro
The move is pending the Central Bank of Bahrain’s approval and is expected to be completed in 4Q 2025
The facility will include a Murabaha tranche to incorporate both Islamic and conventional financing
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