Strong caps, earnings to help UAE banks versus risks issacjohn@khaleejtimes.com Filed on April 1, 2021 | Last updated on April 2, 2021 at 06.58 am
S&P Global Ratings noted the sharp economic contraction in 2020 and prospects of a protracted recovery in 2021 and beyond will have varying effects on rated UAE banks.
The UAE banks’ asset quality indicators to deteriorate further once regulatory forbearance measures are lifted
The Covid-19 pandemic, lower oil prices and continued pressure on the real estate sector have increased risks for UAE banks but banking authorities’ response to the crisis reporting requirements have reinforced oversight and transparency, S&P Global Ratings said.
Banks asset-quality set to deteriorate further: S&P khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
SHARJAH: With over 500 events and activities for people of all age groups at the 18th annual edition of Sharjah Heritage Days (SHD 2021), the cultural capital of the region will once again bring together the UAE community and visitors to learn more about and closely experience the unique customs and traditions of 29 nations around the world.
Perhaps the largest and longest celebration of local and global cultures in the UAE and the region, the three-week festival from March 20 – April 10, is organised by the Sharjah Institute for Heritage (SIH) and embodies the vision of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to enrich our future by opening a window to our past. Themed ‘Cultural heritage gathers us’, this edition of SHD is turning the spotlight on Republic of Montenegro as Guest of Honour.
29 countries to showcase their heritage at 18th Sharjah Heritage Days Tue 16th March 2021 | 05:30 PM
SHARJAH, (UrduPoint / Pakistan Point News / WAM - 16th Mar, 2021) With over 500 events and activities for people of all age groups at the 18th annual edition of Sharjah Heritage Days (SHD 2021), the cultural capital of the region will once again bring together the UAE community and visitors to learn more about and closely experience the unique customs and traditions of 29 nations around the world.
Perhaps the largest and longest celebration of local and global cultures in the UAE and the region, the three-week festival fromMarch 20 â April 10, is organised by the Sharjah Institute for Heritage (SIH) and embodies the vision of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to enrich our future by opening a window to our past.
Top 10 UAE banks profits shrunk 40% in 2020: A&M gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.