UAE banking sector assets rise as deposits and credit grow in February
Fresh CBUAE data shows a banking system with rising liquidity, larger deposits, and stronger credit activity. Total bank assets reached AED5.47 trillion by late February, adding further weight to recent expansion. Credit also moved upward during the month, with private sector borrowing providing the clearest support. Deposit growth stayed broad, with residents and non-residents both […]
Salik AED1.55 billion profit lifts 2025 dividend payout for all investors
Salik reported strong momentum across its business during 2025, supported by steady toll crossing activity. The company remains the exclusive operator managing Dubai toll gates across major commuting routes. Those assets give Salik direct exposure to daily travel demand across the wider emirate network. Higher usage and disciplined operations helped lift earnings without placing extra […]
UAE-Bahrain currency swap agreement supports Gulf trade and stability today
UAE-Bahrain currency swap agreement links two Gulf banking systems through a five-year liquidity framework. The announced facility carries a nominal value of AED 20 billion, or BHD 2 billion. Both sides presented the signing as another step toward stronger central bank cooperation efforts. Officials also tied the arrangement to wider UAE Bahrain trade ties across […]
UAE Japan economic partnership grows under CEPA and broader trade goals
The UAE-Japan economic partnership is entering a stronger phase after both sides backed a new trade framework. The recent call between President Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Sanae Takaichi showed support for deeper commercial ties. Both governments tied their talks to the Comprehensive Strategic Partnership launched in 2022, which guides broader […]