Category: FINANCE

Commercial Bank of Dubai reported an operating income of Dhs2.5bn in the first six months of 2023, up 41.9 per cent.

The United Arab Emirates has deposited $1 billion with Pakistan’s central bank to support foreign exchange reserves, Pakistan’s Finance Minister Ishaq Dar said on Wednesday.

The deposit comes a day after Riyadh transferred $2b as Islamabad looks at the IMF board to approve a $3b bailout …

The Trust Index found that 85% of respondents are convinced that banks operating in the UAE put customers first, while 100% say banking services have improved; this compares to 98% in 2021 (2020: 92%, …

Tuesday’s deals included 650 sales transactions worth AED2.55 billion, 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million Dubai records property deals to the tune …

Dubai real estate market recorded 650 sales transactions worth AED2.55 billion, in addition to 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million on Tuesday, data …

DUBAI: Dubai real estate market recorded 650 sales transactions worth AED2.55 billion, in addition to 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million on Tuesday …

The five “transformational” projects announced by the UAE Ministry of Finance will enhance the country’s economic environment and boost investments in the Emirates, executives have said.The projects, …

The UAE’s Ministry of Finance has announced five major projects to improve government financial work aimed at further enhancing future readiness. They include local supply strategies, transparency in …

Emirates NBD allows customers to use 15 services on WhatsApp Emirates NBD launches WhatsApp banking service Emirates NBD, UAE banks, WhatsApp, WhatsApp services Banking & Finance …

DIB Bank Kenya seeks to double support for small and medium-sized enterprises (SMEs). The subsidiary of Dubai Islamic Bank PJSC (AE) also plans to boost trade between Kenya and the United Arab …

Manama: Gulf International Bank B.S.C. (GIB) today announced its partnership with World Climate Summit – The Investment COP 2023. The event, which is hosted by World Climate Foundation, will take …

DUBAI, July 10 (Reuters) – Qatar National Bank , the oil-rich Gulf’s biggest lender by assets, reported on Monday a 4% drop in second-quarter net profit to 3.7 billion riyals ($1.02 billion). QNB …

The Dubai International Financial Centre has signed a preliminary agreement with the Alternative Investment Management Association and welcomed five additional global hedge funds as it seeks to …

The Ministry of Finance (MoF) announced five major strategic transformational projects to support its ongoing endeavours to implement national priorities and improve government financial work with the …

The United Arab Emirates (UAE) could make investments of up to $30 billion (TL 783.28 billion) in multiple areas in Türkiye, a senior official …

Dubai’s average prices grew at the strongest pace since late 2014, increasing by 16.9% in the year through June 2023. This is up from the 15.9% growth registered a month earlier. Over this period, …