Search Results for 'UAE'

UAE c.bank urges banks to reduce lending rates - paper

Banks in the United Arab Emirates should bring down interest rates on loans as much as possible since they are awash with liquidity, a daily on Monday quoted the country's central bank governor as saying. Bank deposits in the world [...]

Posted On : May, 30 2011 | Comments : 0

UAE bank deposits at highest level ever

In a significant milestone, UAE bank deposits grew to over Dh1 trillion in August for the first time since November last year, underlining the improving ratios of the local banking sector. Bank deposits now are at their highest level eve [...]

Posted On : Sep, 27 2010 | Comments : 0

Airline strikes deal with UAE firm

A Kenyan cargo airline has struck a deal with another based in the Middle East, to facilitate a link between Abu Dhabi and Nairobi. The deal between Kenya’s Astral Aviation and Etihad Crystal Cargo, a division of Etihad Airways, means [...]