Skip to main content Skip to footer 
EDB has expanded its team from 135 to over 350 employees since April 2021, a remarkable 159 percent increase
QAR500 million for 7 days (new issue), with an interest rate of 4.610 percent; QAR250 million for a duration of 28 days
The bank's net profit before tax reached $2.7 billion, marking a 12 percent rise
Bond carries a 5.250 percent coupon rate and matures in 2029
The bank reported $231.44 million in net profit for the year
After cutting the benchmark interest rate by a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range
After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range
CBUAE was among the first central banks globally to issue Islamic CDs, with outstanding balances reaching AED42 billion in 2024
Net profit reached a landmark high of $762.3 million, demonstrating a robust 32 percent growth
The bank's branch expansion in Saudi Arabia enabled its loan book to grow by a very impressive 57 percent in 2024
The Bank's Board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.030 billion
STC Bank will provide several financial products and solutions that will contribute to elevating banking services
EFG Hermes topped the MENA equity capital market in 2024 with 11 IPOs and 6 secondary offerings
Offering was four times oversubscribed, with an order book of approximately $16 billion
The FTA defines a 'natural person' as any living human being, regardless of age or residence
India-Oman trade grew to $12.388 billion in 2022-2023
Only 24 percent of High-Net-Worth Individuals currently have a full estate plan in place
Deal marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE
The market is pricing in the possibility that the U.S. central bank will lower borrowing costs twice by the end of this year
The app offers residents and visitors access to lifestyle features, cultural activities, and exclusive services
In 2024, UAE nationals received 7,520 VAT refund applications for new residences, totaling $191.8 million
Markets are pricing in one more 25-basis-point interest rate hike for Japan by the end of this year
E-commerce dominated with 33 percent of total funding with a value of $247 million
Infrastructure boost will support growth in economic activity, strengthen regional trade and foster economic integration
