Browsing Tag
credit facilities
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At the end of January, the business and industrial sector received AED 35.3 billion in credit facilities from national banks.
The AED 35.3 billion in credit facilities provided to the business and industrial sector at the end of January is a positive sign for the UAE's economy, as it suggests that national banks are continuing to lend to businesses and support economic growth, despite the challenges posed by the COVID-19 pandemic.