Abu Dhabi: The UAE banking sector is working on a unified digital platform that would allow customers’ personal information and documents to be updated automatically, reducing the need for people to submit the same records separately to every bank and other institution they deal with. Jamal Saleh, Director General of UAE Banks Federation, said the platform is expected to be ready before the end…
Yields on municipal bonds — adjusted for taxable-equivalent comparisons — have widened dramatically over those of corporate bonds over the past two months.
Yields on municipal bonds — adjusted for taxable-equivalent comparisons — have widened dramatically over those of corporate bonds over the past two months.
USD/JPY trades flat on Tuesday as the Japanese Yen (JPY) holds firm in thin holiday trading during Japan’s Silver Week. However, a broadly stronger US Dollar (USD) keeps the Yen’s gains in check.
Dubai: The National Bank of Egypt is set to acquire Banque Misr’s branches in the UAE under a preliminary agreement to reorganise the two banks’ presence in the country, subject to the necessary…