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Bond carries a 5.250 percent coupon rate and matures in 2029

The bank reported $231.44 million in net profit for the year

After cutting the benchmark interest rate by a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range

After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range

CBUAE was among the first central banks globally to issue Islamic CDs, with outstanding balances reaching AED42 billion in 2024

Net profit reached a landmark high of $762.3 million, demonstrating a robust 32 percent growth

The bank's branch expansion in Saudi Arabia enabled its loan book to grow by a very impressive 57 percent in 2024

The Bank's Board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.030 billion

STC Bank will provide several financial products and solutions that will contribute to elevating banking services

EFG Hermes topped the MENA equity capital market in 2024 with 11 IPOs and 6 secondary offerings

Offering was four times oversubscribed, with an order book of approximately $16 billion

The FTA defines a 'natural person' as any living human being, regardless of age or residence

India-Oman trade grew to $12.388 billion in 2022-2023

Only 24 percent of High-Net-Worth Individuals currently have a full estate plan in place

Deal marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE

The market is pricing in the possibility that the U.S. central bank will lower borrowing costs twice by the end of this year

The app offers residents and visitors access to lifestyle features, cultural activities, and exclusive services

In 2024, UAE nationals received 7,520 VAT refund applications for new residences, totaling $191.8 million

Markets are pricing in one more 25-basis-point interest rate hike for Japan by the end of this year

E-commerce dominated with 33 percent of total funding with a value of $247 million

Infrastructure boost will support growth in economic activity, strengthen regional trade and foster economic integration

Partnership will provide UAE businesses with enhanced financial solutions to fuel their international trade ambitions

This represents a month-on-month increase of 5.5 percent, or $348.5 million

The CBUAE has issued 3,000 of these commemorative coins, each weighing 60 grams