Banking & Finance
Regional CEO Sunil Kaushal asserts lender ‘keen to unlock paths to net zero’
Stock market investors started making bets on the next dominoes to fall
Deal also includes opening of 17 SVB branches under First Citizens Bank
The state’s first Green Guarantee is issued for a solar project
Trade between Egypt, Kuwait reached $401 mn in 2022
Banks likely to remain on a profitable path in 2023
He will be replaced by Saeed Mohammed Al Ghamdi
Profitability of UAE's top four banks will continue to grow this year
Government-sponsored incentives have enabled businesses to thrive
More than 90 projects totaling $32 billion were funded by the Bank
Tech ecosystem created more than 900 jobs
Funding round expected to value rocket maker at $140 bn
House Republicans refuse to guarantee deposits exceeding $250K
Leaders Edge Program creates a platform for distinguished capabilities at the ministry
To accelerate growth of innovative start-ups in the region
Figure may change as the regulator sells off assets
It includes 100 billion Swiss francs in financial assistance
Local banks and firms have limited or no exposure
Bank's stock has dropped 70% in the last nine trading sessions
Expenditures amounted to AED120.3 bn
DAMAC turned into profitability after it converted to a private firm
Recording 563 deals in 2022
