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Move will help bolster the fintech’s growth and commitment to innovation, financial inclusion
One of the leading financial institutions in the MENA region sees embedded finance, automation and hyper personalization as the future of banking
The group faced a decline in EBITDA, which fell by 6.7 percent to $1.4 billion
Profit before tax was $25.6 million, with net profit after tax amounting to $23.4 million
Salik’s total chargeable trips reached 158.0 million, fueled by variable pricing and new gates
The center will support applied research, talent development, and startup initiatives in critical technologies
The program supports the Dubai Government’s Public-Private Partnership Strategy aimed at economic growth
Dubai Finance partners with Crypto.com to revolutionize government payments with cryptocurrencies
The UAE's well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability
Chamber events supported business, empowered startups, nurtured talent, and built partnerships
Company posted $135.5 million in net profit during the quarter
Successful launch highlights conviction that profitability and a positive environmental impact are mutually reinforcing
EBITDA rose by 20 percent to $343.6 million, driven by robust performance across all business segments
Revenue rose 27 percent to $74.4 million, with strong operational performance citywide
QCB detailed bill offerings, including QAR500 million maturing in 7 days at 4.61 percent
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
