Category: FINANCE

In the expansive, mirrored halls of the Central Bank of the United Arab Emirates (UAE), a fresh and remarkable narrative is emerging. A narrative not of oil wells and skyscrapers, but of a financial …

The B2B (business-to-business) credit risk in the UAE is on the rise as businesses face cash flow constraints, according to Atradius, an authorised EU-reinsurer and trusted global leader in credit …

Blue-chip bank Emirates NBD latest to post massive profits, after ADCB and FAB Emirates NBD bank was the latest and yet another top UAE lender to record upbeat results in the past week. Image Credit: …

Dubai’s rise in global trade and the new face of globalisation By His Excellency Abdul Aziz Al Ghurair, Chairman of Dubai Chambers Over the past few decades, globalisation has transformed economies …

Under the gilded skies of the United Arab Emirates, a story of economic resilience is being written. The protagonists: 13 national banks whose combined net profits have surged to an impressive AED 50.

Alabbar noted that Emaar Misr for Development is not intending to delist its shares from the Egyptian Exchange (EGX …

Fund transfers among UAE banks posted a rise of 35.6 percent to reach a whopping AED10.99 trillion in the first eight months of the year, the latest data showed. The bank deposits during the period …

London and Dubai both appear to be excellent options for Indian buyers looking for an investment property or overseas home. On the face of it, London and Dubai both appear to be excellent options for …

UnaFinancial, an international fintech group of companies, is set to raise up to US$15 million to launch a finance app in UAE in 2024. The service will address spending, investing and borrowing needs …

At the nine-month stage, the Dubai bank was putting in some high double-digits year-on-year. Image Credit: Ahmed Ramzan/Gulf News Dubai: The profit growth march of UAE’s biggest banks continues, with …

Dubai is now one of the most important financial centres globally. This is also proven by the fact that the World Trade Centre in the UAE city was once again the venue for Forex Expo, the most …

UAE banks’ investments surpassed AED 580 billion, hitting a record high in August 2023, according to the Central Bank of the UAE. The investment grew by 19.5 percent year-over-year to reach AED 585.4 …

Paulson, the legendary hedge fund billionaire best known for making an estimated $ … private jets and travel to Dubai. Paulson is seeking more than $189 million in damages. His suit, which alleges …

Commercial Bank of Dubai on Wednesday announced a record net profit of Dh1.936 billion for the first nine months of 2023, up 46.4 per cent compared to the corresponding period in 2022.Outstanding …

The UAE banks’ investments surpassed Dhs580 billion, hitting a record high in August 2023, according to the Central Bank of the UAE. The investment grew by 19.5 percent year-over-year to reach Dhs585.

Net income rose 44.88% over a year ago to Dh2.427 billion Dubai: Commercial Bank of Dubai’s profit rose 46.41 per cent year-on-year to Dh1.935 billion for the nine months through September 2023. Net …

Are you ready to embark on an exhilarating journey through the shifting sands of the Dubai Financial Market? Join us as we delve into this vibrant and dynamic landscape, where opportunities abound …