United Arab Emirates

Coordinates: 24°N 54°E / 24°N 54°E / 24; 54

The United Arab Emirates i/juːˌntd ˌærəb ˈɛmɪrts/ (Arabic: دولة الإمارات العربية المتحدة Dawlat al-Imārāt al-‘Arabīyah al-Muttaḥidah), sometimes simply called the Emirates or the UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. In 2013, the UAE's total population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates.

Established in December 1971, the country is a federation of seven emirates. The constituent emirates are Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Each emirate is governed by an absolute monarch; together, they jointly form the Federal Supreme Council. One of the monarchs is selected as the President of the United Arab Emirates. Islam is the official religion of the UAE, and Arabic is the official language, although English is widely used.

Latest News for: Banking uae

Edit

UBF playing a pioneer role to achieve net-zero target by 2050

Khaleejtimes 11 Sep 2024
Jamal Saleh, Director-General, UAE Banks Federation (UBF), said UAE banks are emerging as a leader in adopting policies and regulations that are expected to strengthen green finance in coming years ... What is the opinion of the UBF about the importance of ESG policy in the banking sector of the UAE?....
Edit

ESG Focussed Banking in Core Aspects

Khaleejtimes 11 Sep 2024
We have strengthened our stance by aligning ourselves with both the UAE Environmental Vision 2030 and Ajman 2030 Vision,” informs Zohaib Ali Zahid, Head of Corporate Governance and ESG at Ajman Bank ... This digital feature quickly gained popularity, and the app’s rating has risen to one of the highest-rated banking apps in the UAE....
Edit

Supporting Businesses, Communities, and Economies

Khaleejtimes 11 Sep 2024
Committing to environmental sustainability as a corporate responsibility to build a sustainable future for stakeholders and the communities served by the bank, reaffirms our alignment with the UAE’s Net Zero 2050 Strategy ... the first bank to offer carbon futures contracts trading....
Edit

Standard Chartered Launches Crypto Custody in UAE, Eyes Institutional Market

Coin Edition 11 Sep 2024
Standard Chartered launches digital asset custodial services in the UAE. The bank secured ... British multinational bank Standard Chartered has unveiled its crypto custody services in the UAE, licensed by the Dubai Financial Services Authority....
Edit

UAE unveils Bachelor’s Program in Actuarial Science

GCC Business News 11 Sep 2024
The Central Bank of the UAE (CBUAE) and the Scholarship Office at the Presidential Court, in collaboration with the Emirates Institute of Finance, have unveiled the Bachelor’s Program in Actuarial Science ... the future of the UAE and developing its national capabilities....
Edit

Is VAT a factor in consultancy services offered during an IPO?

Gulf News 11 Sep 2024
The IPO landscape in the UAE is gaining significant momentum, attracting government-owned enterprises and private homegrown companies eager to go public ... Legal advisors ensure that the company complies with UAE regulations and international securities laws ... Can businesses recover the VAT paid on these services under UAE VAT law?....
Edit

ESG at the Core of ruya

Khaleejtimes 11 Sep 2024
“Being an ethical Islamic community bank ruya accords top priority to Environment Social Governance (ESG) principles to all its operations and align with its core values of transparency, fairness and social responsibility. Our ESG policy reflects the tenets of Sustainable Islamic Finance issued by the Central Bank of the UAE....
Edit

NymCard in partnership with Mastercard for fast money transfers

GCC Business News 11 Sep 2024
NymCard, a UAE-based leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries through one secure connection ... The portfolio’s reach spans 180 countries and over 150 currencies, with access to more than 95 percent of the world’s banked population....
photo: Creative Commons / Pixabay/ Christopher Muschitz
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries, June 10, 2020.
Edit

Standard Chartered Bank receives Dubai license for crypto custody services

The Arabian Post 11 Sep 2024
Standard Chartered Bank has officially launched its cryptocurrency custody services in the UAE, marking a ......

Most Viewed

People watch TV screens showing a debate between Democratic presidential nominee Vice President Kamala Harris, right, and Republican presidential nominee former President Donald Trump, at Sports Grill Kendall, where the Miami-Dade Democratic Hispanic Caucus had organized a watch party, Tuesday, Sept. 10, 2024, in Miami.
AP / Rebecca Blackwell

Harris rattles Trump in combative debate

Gulf Today | 11 Sep 2024
Iranian President Masoud Pezeshkian is welcomed by Iraqi Prime Minister Mohammed Shia al-Sudani, left, with an official ceremony at the Baghdad International Airport in Baghdad, Iraq, Wednesday Sept. 11, 2024
AP / Murtadha Al-Sudani/Pool Photo via A

Iran president visits Iraq on first foreign trip

Gulf News | 11 Sep 2024
×