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In 2024, DEWA Group delivered another year of strong performance, reporting consolidated full-year revenue of AED30.98 billion
The net return for banks rose to EGP915 billion in 2024, up from EGP582.5 billion
Gulf funds are strategically pivoting toward Asia, with many establishing new offices throughout Asia-Pacific
Accreditation is valid for two years; service providers must submit renewal applications before expiration
Partnership seeks to service the growing power needs of data centers, hyperscale cloud companies and other energy-intensive industries
EFG Holding will retain at least a 67 percent indirect stake in Valu through its subsidiaries
The Group's net operating profit rose 84 percent Y-o-Y in FY24 to $175.9 million
Google Cloud's acquisition boosts cloud security and enhances multicloud capabilities in the AI era
Banks in the UAE will maintain robust growth in their lending activities, bolstered by relaxed monetary policies and a favorable economic environment
Fitch expects Qatar's oil and gas revenue to drop under its assumption that the Brent oil price will average $70/bl in 2025
Approved projects in food security, health, education, and transportation support achieving the SDGs
In 2024, Air Arabia added 31 new routes from its hubs in the UAE, Morocco, Egypt, and Pakistan
The issuance is valid for three months, at an income rate of 4.125 percent
In 2024, the group achieved revenues of AED25.8 billion, EBITDA of AED4.1 billion and a net profit of AED1.7 billion
Upon shareholder and regulatory approvals, the share buyback would be conducted through open market transactions
Bank of Sharjah's operating income nearly tripled from AED271 million in 2023 to AED727 million in 2024
Bank reported a total income of AED23.3 billion, marking a 16 percent year-on-year growth
Reconstruction and recovery requirements following the conflict that affected Lebanon are estimated at $11 billion
This marks a year-on-year rise of 15.9 percent
The issuance attracted strong investor interest, with orders exceeding $4.4 billion, reflecting market confidence
Bank credit was $693 billion during the same period in 2024
In 2023, Scopely was acquired by Savvy Games Group, a subsidiary of Saudi Arabia’s PIF, for $4.9 billion
CBUAE reported M1 money supply rose 2.3 percent to $257.7 billion by December 2024
Now spanning approximately 14.3 million square meters, ADGM has become one of the world’s largest international financial centers
