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Sharia-compliant financial products are in high demand, with Sukuk issuances exceeding $10 billion in Q2
112 asset and fund managers now operate in ADGM, managing 141 funds
The company has experienced remarkable growth, especially in the East, with a 19 percent increase in tonnage
The company's gross profit for H1 2024 reached $22.86 million, translating to a gross margin of 31 percent
The group’s net profit after tax and minority interest rose 95 percent annually to EGP791 million in Q2 of 2024
Partnership seeks to drive growth, improve operational efficiency and provide comprehensive support to businesses in trade
This translated to total revenue of AED1.1 billion ($299.48 million)
Keeping the customer at the heart of every decision and anticipating their needs will go a long way in building strong relationships with them
S&P expects 2024 to be another profitable year for the GCC region's Islamic and Takaful insurers sector
Bybit supported and advised over 20 startups, helping them establish a foothold in Dubai's dynamic crypto landscape in 2023
This covers the period since the service was launched and until the end of the first half of 2024
The airline achieved a turnover of $449.22 million, a 19 percent increase year-over-year
This is the fourth listing under their $2 billion trust certificate program
The company's Q2 2024 financial results saw a 12 percent increase in total revenues, reaching $55.94 million
This represents a 19 percent growth compared to the same period in 2023
The group saw increases of $37.3 million in outpatient revenue and $22.3 million in inpatient revenue
CBRT governor cited $26.5 billion increase in reserves, 50 percent target for lira deposits amid global volatility
The company has raised its medium-term revenue expectations to $3.85 billion for the fiscal year 2024
Qatar's banking sector assets grew by an average of 6.8 percent over the past five years
During the first half of 2024, 616 global IPOs took place, a decline from 674 in H1 of 2023
EBITDA reached AED6.6 billion, operating profit of AED3.3 billion and profit after tax of AED2.6 billion
Credit balance for the sectors from banks in Abu Dhabi was around $104.76 billion in May 2024
The company will pay its first post-IPO interim dividend of $27.93 million
The UAE is one of only 36 countries worldwide currently piloting the implementation of CBDCs
