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UAE national banks lend $13.48bn to private sector in 5 monthsCredit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 trillion at the end of May. & More… |
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UAE national banks lend $13.48bn to private sector in 5 monthsCredit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 trillion at the end of May. & More… |
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ZCG and Fawaz Alhokair announce direct lending JVZ Capital Group (ZCG), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company (Fawaz Alhokair), an investment entity founded by Fawaz Alhokair, have announced a direct lending joint venture. More… |
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Tarabut powers Flooss to enable faster loan approvalsTarabut, Mena’s leading open banking platform, has announced a new partnership with Flooss, a Bahrain-based digital lending platform, to approve small loans within minutes. Tarabut’s Income Ve More… |
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Mubadala commits $1bn to Blue Owl's technology lending strategyMubadala Investment Company, an Abu Dhabi-based global sovereign investor, has formed a strategic partnership with Blue Owl Capital, a leading alternative asset manager, to finance technology companies. The par More… |
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UAE banks lending to businesses, industries up $7.73bnUAE’s national banks increased their credit facilities for the business and industrial sectors by around AED28.4 billion ($7.73 billion) in the first five months of this year, according to the latest statistics from the Central Bank of t More… |
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UAE banks lending to businesses, industries up $7.73bnUAE’s national banks increased their credit facilities for the business and industrial sectors by around AED28.4 billion ($7.73 billion) in the first five months of this year, according to the latest statistics from the Central Bank of t More… |
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World heading for 'great reset', says S&P reportRates stress is likely to force a 'Great Reset' of borrowing and lending practices and policymaker mindset, says an S&P Global Ratings report. Rising rates and slowing economies pose a crisis risk. More… |
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World heading for 'great reset', says S&P reportRates stress is likely to force a 'Great Reset' of borrowing and lending practices and policymaker mindset, says an S&P Global Ratings report. Rising rates and slowing economies pose a crisis risk. More… |
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GCC banks' lending growth likely to decline: S&PTighter local monetary policy conditions and lower economic growth will lead to a decline in lending growth for Gulf Cooperation Council (GCC) banks, S&P Global Ratings has said in a report. The 'GCC Ba More… |
