Banking & Finance
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.
UAE Ministry of Finance and World Bank renew advisory services agreement
Strategic collaboration aims to enhance UAE's position in global energy market
Transfers via mobile apps could remain the same
Commercial cards program promises enhanced efficiency and control for businesses
Region witnessed an estimated $95 billion in mergers and acquisitions in 2023
Coming from 10 percent in 2023
Following collaboration in Kazyon's $76.5 million capital raise/private placement in 2014
To create AED1 billion credit umbrella in support of SMEs and startups
Cementing Abu Dhabi's position as a leading international financial center
Annual profits plummeted 52 percent
