Central Bank reduces interest rate on liquidity support facilities to 1.5%
H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...
UAE Banking Sector grew 66 percent in Q1 of 2011
In the first quarter of 2011, profitability has increased in the banking sector in all GCC countries, according to data released by Global Investment...