UAE: Banks Federation Approves 2026 Strategy to Bolster Economic Resilience

  • UAE
  • April 27, 2026

The UAE Banks Federation (UBF) has officially approved its 2026 strategy during its Annual General Meeting today, focusing on reinforcing the nation’s status as a premier global financial hub. The strategy highlights the sector’s robust growth, with total assets reaching AED 5.4 trillion and a credit portfolio expansion of 17.9% over the past year. Under the guidance of the Central Bank, the federation aims to further enhance digital integration and financial stability to support the UAE’s long-term strategic economic objectives.

Source: WAM (Emirates News Agency)

  • Related Posts

    UAE rain alert: Showers hit Sharjah, hail falls on roads to Fujairah as police urge caution

    The NCM issued yellow and flash flood alerts as heavy rain and hail pelted eastern parts of the UAE on Tuesday.

    Read more

    Flydubai, Etihad Airways extend Saudi flight cancellations amid Houthi attacks

    UAE carriers flydubai and Etihad Airways have extended flight suspensions to key Saudi cities—including Riyadh, Jeddah, Dammam, and Abha—through mid-week following repeated Houthi strikes on the Kingdom’s airports.

    Read more

    Leave a Reply

    Your email address will not be published. Required fields are marked *