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US$92.57 billion. Bank rate. 5.15% [1] Website. centralbank .ae /en. The Central Bank of the United Arab Emirates ( Arabic: مصرف الإمارات العربية المتحدة المركزي) ( Central Bank of the UAE or CBUAE) is the state institution responsible for managing the currency, monetary policy, banking and insurance regulation ...
On 1 December 2012 Dubai Bank was acquired by Emirates NBD. [3] [4] [5] As of 31 December 2020, total assets were AED 698 billion, deposits of AED 464 billion, a total income of AED 23.21 billion, and a net profit of AED 7 billion, making it one of the top financial institutions of the UAE, with a brand value of $3.89 billion.
Headquarters. Abu Dhabi. , UAE. Website. edb .gov .ae /en / [1] The Emirates Development Bank (EDB) is an Emeriti state-owned financial institution established in 2015 in the United Arab Emirates under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Deputy PM and Minister of Presidential Affairs of UAE. [2] [3] [4]
The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle East, Africa and South Asia. Dubai-based YAP does ...
The UAE e-Government is the extension of the UAE federal government in its electronic form. The UAE's Council of Ministers (Arabic: مجلس الوزراء) is the chief executive branch of the government presided over by the prime minister. The prime minister, who is appointed by the Federal Supreme Council, appoints the ministers.
The TDRA is a regulatory body that oversees the telecom sector and the licensees in the UAE in accordance with the Federal Law by Decree No. 3 of 2003 and its Executive Order, and implements the directives of the Board of Directors. [citation needed] The TDRA is an independent body and its duties include ensuring telecom services are available ...
ADCB is the third-largest bank in the UAE in terms of balance sheet size and offers a range of commercial and retail banking services to its customers. As of 30 September 2018, it employs over 5000 people serving retail and corporate clients. Aside from 56 branches in the UAE, it has 1 branch in Jersey. It also operates out of representative ...
NBAD was founded in 1968, the emirate of Abu Dhabi's first bank. NBAD was the first UAE bank to expand overseas opening a branch in 1975 in Cairo, Egypt In 1976 it expanded into Oman and Sudan, then in 1977 into the United Kingdom the into France and the United States of America in 1979. The bank's network expanded across five continents and 17 ...