Banking & Finance
Commitment aims to accelerate the recovery of Syria’s economy and development
Revenues reached $5.12 billion with an increase of 1.60 percent
The bank successfully priced the $500 million sukuk at a fixed profit rate of 5.125 percent
New law allows regulators to access ten years of banking records to combat corruption
Mubadala, through its asset management subsidiary Mubadala Capital, holds a significant stake in Fortress
CEO noted significant market fluctuations affected investor sentiment and fund performance
Emerging markets like Azerbaijan and Tajikistan showed remarkable spending growth among UAE travelers
Auction attracted robust demand from eight primary dealers across both tranches maturing in May 2027 and September 2029
Finance Minister Yassine Jaber announced loan details after meeting World Bank Vice President Osama Weden
Canada is a key auto exporter to the U.S. with integrated supply chains under USMCA
ADGM FSRA launches 2025-2026 business plan to enhance regulatory framework, drive sustainable growth
Plan focuses on key regulatory priorities such as maintaining international regulatory alignment and combating financial crime
The UAE merchant acquiring market reached a total payment volume of approximately $150 billion in 2024
Platform introduces AI-led governance that replaces labour-intensive reviews with autonomous, real-time assessments
Newly appointed board will ensure that all transactions adhere strictly to Shariah’s rules and principles
Reinforcing commitment to shareholder value
Bank reported an 11 percent increase in total assets to AED123 billion
Assets under management across the group grew to $50 billion, reflecting the ongoing success of the Bank’s wealth management strategy
Dubai SME facilitated the launch of 3,461 new Emirati businesses, 524 more than in 2023
The issuance garnered the largest order book in Mashreq’s history, with demand surging to $2.9 billion despite elevated market volatility
Primary debt issuances of bonds and sukuk in the GCC region amounted to $51.51 billion through 125 issuances
Investment will support the bank's continued growth, enabling it to meet the rising demand for financial products
New S&P report highlights GCC banks' solid strategies in volatile markets
Late-stage funding drove the overall funding surge, with $760 million raised in Q1 2025
