Banking & Finance
The company reported net profit of $8.97 billion
Fueling UAE's economic growth and industrial advancement
This growth was primarily driven by a 28 percent increase in net interest income
Abu Dhabi's sovereign wealth fund expands presence in private credit markets
These bills hold a maturity period of 182 days
Saudi banks dominated the GCC’s banking conversation
A total of AED7.58 billion will be distributed as dividends to Emirates NBD shareholders
During a visit to Emirates NBD headquarters on the occasion of the bank’s 60th anniversary celebrations
Challenges and risks arise as social media democratizes investment information
Experts take stock of the progress made on the restructuring front in the MENA economies so far.
The Islamic finance sector experienced an 11 percent growth in 2022
The platform aligns with Abu Dhabi Islamic Bank’s vision for expanding digital services
GCC banks’ strong profitability provides robust shield against potential losses from cyber incidents
No significant losses from cyber incidents for rated GCC banks
Non-oil revenues in 2023 surged by 11 percent YoY
Analysts cite uncertainties surrounding timing of rate reductions
Mobile money revolution bridges financial gaps
Investment banking company introduces schemes to enhance customer experience, increase market share
Green bonds will continue to dominate the sustainable finance market in 2024, S&P says.
Driven by expanding operations, new routes fuel growth
UAE played key role in supporting OFID's sustainable development initiatives
Bank rewards savings and encourages financial responsibility
As many as 108 Arab banks have already completed linking with the platform.
