Category: FINANCE

Buoyed by strong performance in non-oil sectors, the UAE economy is on track to expand at the fastest clip in the region while Saudi Arabia will gro …

Total income was higher by 33 per cent at Dh163 million during the period Dubai: United Arab Bank posted a 25 per cent rise in net profit after tax for the first quarter of 2024 as a result of is a …

Azerbaijan will urge wealthy nations and companies to “invest today to save tomorrow” when it takes over from the UAE as chair of global climate talks. Finance will be a key focus of the Cop29 summit …

Since its first participation in the Global Partnership for Financial Inclusion (GPFI) in 2020, the UAE has actively engaged with the group and became a member in 2021, making headway in embracing the …

Alkhabeer Capital, an asset manager specializing in Sharia-compliant investments and financial services, has announced the dates for the initial public offering (IPO) of Alkhabeer Diversified Income …

Simultaneously, Vivek Gahlaut UAE started investing in new companies, like angel investing. In India, he used his financial knowledge & experience to help technology startups to grow. Vivek really …

His Excellency Younis Haji Al Khoori, Undersecretary of the UAE Ministry of Finance, said: “The UAE’s commitment to financial inclusion is evident by its efforts to provide individuals and businesses …

This frenetic activity reflects the UAE’s belief that it has an opportunity to exert … For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our …

The UAE Cabinet has approved an AED2 billion package to address the damage suffered by the citizens’ homes during the recent severe weather conditions.A ministerial committee has been tasked with …

The UAE has joined with Kenya to boost investments in the mining and technology sectors as the Emirates looks to diversify its global investment portfolio. Abu Dhabi-based company ADQ has also signed …

FinTech landscape is booming with over 800 FinTech start-ups worth USD 15.5bn.

Dubai FinTech Summit will offer a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond.

Saudi Arabia’s Fakeeh Care Group, one of the largest private hospital groups in the kingdom, said on Wednesday it planned to proceed with an initial public offering (IPO) through the sale of a 21.47% …

Commercial Bank of Dubai (CBD) on Wednesday reported a net profit after tax result of Dh701 million for the first quarter of 2024, up 21.9 per cent (on a pre-tax basis, the result is up 33.9 per cent) …

DUBAI, 24th April, 2024 (WAM) — The Commercial Bank of Dubai (CBD) announced its financial results for the first quarter of 2024. The net profit after tax was AED701 million, showing a 21.9% (on a …

Saudi Arabia’s low-cost carrier, flynas, has officially announced plans for an Initial Public Offering (IPO).Read More: Spinneys’ $375 Million Dubai IPO Attracts Franklin Templeton Bander Almohanna, …

Organised by Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, the Summit will bring together 8,000 …