Thursday 26 December 2024
 
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Access to capital ‘challenge’ for women’s businesses in Bahrain

Access to capital remains a challenge for women-owned businesses in Bahrain, with close to a third (28%) of women entrepreneurs citing it as a significant hindrance to business growth.    This is according t

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Access to capital ‘challenge’ for women’s businesses in Bahrain

Access to capital remains a challenge for women-owned businesses in Bahrain, with close to a third (28%) of women entrepreneurs citing it as a significant hindrance to business growth.    This is according t

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Abu Dhabi with $1.7trn tops global SWF ranking

Abu Dhabi has emerged as the leading city that manages the most Sovereign Wealth Funds capital globally, thanks to the $1.7 trillion in assets managed by its various SWFs headquartered in the capital of the UAE.   

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Top 10 UAE banks show ‘better asset quality, higher profits’

The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024.    Profitability increased to AED21.5 bi

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Mamo secures $3.4m to enhance financial services for SMEs

Mamo, a UAE-based fintech startup on a mission to help small and medium-sized businesses consolidate their payment collection, corporate cards and expense management needs, has completed a $3.4 million funding round. The additional funds will

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Mamo secures $3.4m to enhance financial services for SMEs

Mamo, a UAE-based fintech startup on a mission to help small and medium-sized businesses consolidate their payment collection, corporate cards and expense management needs, has completed a $3.4 million funding round. The additional funds will

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UAE banks' aggregate capital, reserves hit $129.7bn in March

The aggregate capital and reserves of banks operating in the UAE reached AED476.6 billion ($129.7 billion) at the end of March 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).  

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New Plan Capital Survey for Abu Dhabi’s future development

Abu Dhabi's Department of Municipalities and Transport (DMT) has announced the launch of the Plan Capital Survey under the theme “Shaping Tomorrow Together” as part of its commitment to creating one of the world's most

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New Plan Capital Survey for Abu Dhabi’s future development

Abu Dhabi's Department of Municipalities and Transport (DMT) has announced the launch of the Plan Capital Survey under the theme “Shaping Tomorrow Together” as part of its commitment to creating one of the world's most

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UAE banking sector set for continued growth in 2024

The UAE banking sector continued its growth momentum in 2023, and is poised for further growth and recovery in 2024, thanks to the Central Bank of the UAE's (CBUAE) strategies and policies that maintained a stable and efficient banking and f

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