Islamic banks’ loans crossed the AED 700 bn mark last year
Shariah-compliant issuances handed out by Islamic banks climbed 7.8% y-o-y to AED 428.9 bn in 2023
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Shariah-compliant issuances handed out by Islamic banks climbed 7.8% y-o-y to AED 428.9 bn in 2023
The figure is lower than the CBUAE’s previous expectation
The app operates on a zero-commission structure and allows riders to select their cars in an auction-based model
Good morning, nice people, and welcome to an unexpectedly busy Tuesday. We have a packed issue for you this morning,…
Total MENA startup funding remained flat in 2023, with a less than 1% y-o-y increase to USD 3.98 bn
The framework lays out regulations for companies looking to extend short-term credit in the UAE
Government deposits stood at AED 454.4 bn in October, up 4.34% y-o-y and 2.53% m-o-m
Islamic banking made up 23% of the UAE’s overall banking assets
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