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Al Etihad Payments ties up with Mastercard to offer the co-branded cards in the UAE

The total net profit of Saudi banks rose to SAR80 billion in 2024 from SAR70 billion in 2023

The AGM highlighted ADIB's strong business momentum and the exceptional 2024 performance

The company's 2024 financial results show resilience with $1.22 billion net earnings, a 24 percent YoY increase

The $135.97 million financing will enable the acquisition of vital equipment and ensure project success

Domestic transactions use UAESWITCH; cross-border transactions outside GCC will utilize Visa's global network, VisaNet

As part of the campaign, a startup pitch competition featured 20 innovative companies

Demand deposits, which constitute the largest share, accounted for 49.3 percent of the total liquidity at SAR1.440 trillion

This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices

Over three years, 400 women entrepreneurs will receive support to build thriving micro businesses and create jobs

Growth-stage investments accounted for 67 percent of total transactions in 2024, up from 43 percent in 2023

PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region

Revenue-generating trips reached 498.1 million for the year, up by 8 percent YoY

Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase

Saxo Bank experienced sustained growth and reached a record of almost 1.3 million clients by the end of 2024

Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising

UAE-based issuances ranked second, with $38.5 billion through 109 issues, representing 26 percent of the market

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

Collaboration aims to provide SMEs with the solutions they need to support their long-term growth

More than 100 aircraft expected to be added in flynas fleet over the next five years

Jaywan offers secure, efficient payments, reducing costs, supporting growth, and promoting inclusion

The UAE reported the MENA region’s largest M&A deal of the year worth $12.4 billion

The success is reflected in the attractive market-driven prices, with a yield to maturity of 4.18 percent for the tranche maturing in August 2028

This increase results from CBE's collaboration with banks and stakeholders for economic empowerment across society