Banking & Finance
The Boston Group: The UAE is in a very good position
Offering reassurance to an earnings period weighed down by inflation
Profits amounted to AED 7.9 bn
Within the strategy of investing in leading firms
Company registered revenue growth of 16.4%
For failing to comply with due diligence and reporting procedures
On higher operating income, lower expenses
Parliament amended the original formula... Will the IMF concur?
Investments amounted to 472.7 billion dirhams
Assets totaling $115 billion
The financing is expected to be completed within days
Agility, digitization, leadership, passion are driving forces behind exchange
The deal is worth 192 million riyals
Borrowings hit $498 billion by March end
Saudi, UAE banking sectors face contrasting liquidity dynamics
In May, Saudi's PIF purchased a 16.87% stake in KHC
Bank deposits increased by 0.9 percent to AED2.006 trillion
To a record-high of SAR 2.19 billion
The Public Investment Fund is betting on the future of the automotive and transportation
The bank announced preliminary unaudited financial results for H1 2022
