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The company reported an adjusted EBITDA of $1.14 billion
This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024
The third edition supports women entrepreneurs in publishing, fashion, food, and more over several months
Year-over-year, the growth was robust at 9.2 percent compared to Q2 2023
The facility has a duration of three years and is extendable for up to two additional years
How Emirati female entrepreneurs help shape Abu Dhabi’s diversified economy
Businesses in RAKEZ can now gain access to Mbank's comprehensive suite of secure, customized, and advanced digital banking solutions
UAE's digital VAT refund system processed 19.67 million transactions during this period
Acquisition includes UCB’s neurology portfolio and allergy portfolio in Mainland China, in addition to UCB’s Zhuhai manufacturing site
Term deposits exceeding 12 months recorded AED44.48 billion at the end of May, up by 0.52 percent
The group reported 7.73 percent surge in net profit, 4.79 percent rise in revenues in H1 2024
Number of financially included women has risen in the last few years, growing by 252 percent from 2016 to June 2024
The program has facilitated the implementation of over 212,800 projects
The bills carry an issue date of August 25, and are scheduled to mature on February 23, 2025
Hamdan Innovation Incubator supported 109 Emirati tech startups in H1 2024
The value of the global market for stablecoins is currently at $150 billion and is set to grow exponentially to $2.8 trillion by 2028
This transaction values BFL at $1.2 billion
The paper noted that banks in Kuwait have strong capital and liquidity despite growth constraints
Banks saw a 3.2 percent rise in loans and advances, outpacing the 0.4 percent growth in deposits
Egypt's external debt to GDP ratio reached 39.8 percent in the first quarter, down from 40.5 percent at the end of June 2023
Qatar Airways will expand its reach to 45 destinations across 15 African countries
This growth is driven by technological advancements and changes in the financial sector, leading to greater security and efficiency
The quarter saw a 2.7 percent quarterly increase, adding around SAR46.724 billion to the reserve
The UAE capital’s international financial center saw its AUM grow by 226 percent in H1 2024
