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Group EBITDA rises to $310.4 million, with net profit soaring to $126.3 million

The UAE Islamic finance industry is estimated to have reached over $285 billion at the end of Q1 2025

Strategic Bolt partnership impacted short-term profits as DTC eyes long-term growth

Capital deployed increased by 33.7 percent to $32.4 billion

The official reserves include bonds, foreign treasury bills, gold, and Special Drawing Rights (SDRs)

Late submission of tax registration applications now eligible for penalty waivers within specified deadlines

UAE aims to establish a sustainable platform for exchanging expertise between BRICS countries

Qatar's islamic banking surged to $160.9 billion, outperforming conventional banks

Proceeds will provide growth capital and fund projects that advance ADQ's mandate and long-term growth ambitions

Chinese corporations are increasingly turning to Dubai, with over $22 billion in debt on the exchange at the end of 2024

U.S. and Chinese officials prepare for crucial talks in Switzerland to ease trade tensions

The collaboration enables Whish Money to integrate Visa’s advanced payment technologies for improved services

The strategy aims to increase the assets of UAE Islamic banks from AED986 billion to AED2.56 trillion within six years

Q1 EBITDA surged by 15.0 percent, achieving a remarkable margin of 47.4 percent.

Net proceeds will support ADNOC Group for general corporate purposes and funding diversification

Kingdom’s oil revenues generated $39.94 billion during the quarter

Company’s diverse portfolio has been crucial for driving revenue growth and enhancing profitability

Saudi Arabia led MENA startup funding during the month, attracting $158.5 million across eight deals

EBITDA rose by 11 percent to $275 million, the highest first-quarter result since 2017 IPO

Visa CEO emphasized the need for secure AI-enabled payments in evolving commerce landscape

Diverse asset portfolio and long-term strategy drive 23 percent YoY profit increase

The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion

This investment is the single largest investment in a crypto company and the largest investment ever paid in stablecoin

New RHQ will enhance operations and services across the Middle East