Dubai Islamic Bank, the largest Islamic bank in the UAE, on Tuesday announced that its net profit rose 26 per cent to Dh7.01 billion for the period ending ..
Dubai Islamic Bank full year 2023 group financial results
Dubai: Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending December 31, 2023. Established in 1975, Dubai Islamic Bank is the largest …
Deutsche Bank to hire Jamal Al Kishi as CEO
Deutsche Bank said it is hiring Jamal Al Kishi to be CEO, Middle East & Africa, and vice chairman of Origination & Advisory, Middle East & Africa as the lender looks to hone its focus on the region.
Dubai logs over $3.4bln in realty transactions Tuesday
Dubai’s real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210 mortgage deals totalling AED1.95 billion, and 30 gift deals amounting to AED165.56 …
Deutsche Bank Brings Back Al Kishi as CEO for Mideast, Africa
Deutsche Bank AG appointed Jamal Al Kishi for a second stint as chief executive officer for the Middle East and Africa, four years after the seasoned executive left to lead a regional bank.
Dubai developer Deyaar triples 2023 net profit to $120mln
Dubai-listed developer Deyaar saw its net profit triple in 2023 on the back of strong property sales, according to a bourse filing on Monday. The company’s net profit for the full year ending December …
UAE consolidates its position as a global private wealth hub
where the residential property sector is skyrocketing – the real estate market in Dubai experienced record-breaking years in 2022 and 2023. Besides holding shares, bank accounts, luxury items, and …
UAE: Dubai records over AED3.3 bn in realty transactions Monday
Dubai real estate market recorded 715 sales transactions worth AED 2.28 billion, in addition to 201 mortgage deals of AED 993.9 million, and 30 gift deals amounting to AED 76.3 million on Monday, data …
Dubai records over $898mln in realty transactions Monday
DUBAI: Dubai real estate market recorded 715 sales transactions worth AED2.28 billion, in addition to 201 mortgage deals of AED993.9 million, and 30 gift deals amounting to AED76.3 million on Monday, …
Vikas Lifecare to acquire 60% stake in Dubai-based entity
The acquisition process shall be completed in the ongoing financial year, Vikas Lifecare said in an exchange filing.
Video: ADNOC sets aim to generate Dh178b back into UAE economy over 5 years
UAE energy giant also increases scope of its decarbonization efforts to Dh84.4b Dubai: The Board of Directors at UAE energy giant ADNOC has endorsed the goal to drive $48.5 billion (Dh178 billion) …
How much of a stock price bounce will Salik get after new toll-booths?
Dubai toll-gate company’s revenues are up for a hike – will … The same logic applies for the upcoming IPO Parkin, which explains the ‘buzziness’ surrounding it, ever since it has been incorporated …
Dubai GDP surges 3.3% in 2023 as emirate pursues ambitious economic vision: Sheikh Hamdan
So far, Dubai has remained relatively shielded from international headwinds thanks to limited sensitivity to interest rate hikes and contained inflation. Mortgage transactions in Dubai continued …
Dubai continues its economic surge with 3.3% GDP growth in the first nine months of 2023
The growth reflects Dubai’s continued attractiveness as a global real estate destination. Finance & Insurance Sector grows 2.7% Dubai’s financial and insurance sector, a significant contributor to the …
Emaar, CCL Pharma and other companies exploring IPO option at PSX
KARACHI: Emaar Pakistan, the subsidiary of Dubai-based Emaar Properties … (PSX), their key officials informed during a panel discussion held here in a day-long IPO Summit 2024 themed ‘Empowering the …
Dubai traffic to ease as RTA completes 14 road improvements, travel times slashed by 50%
Dubai road improvements will continue throughout 2024, revealed Abdulla Yousef Al Ali, CEO of Traffic and Roads Agency at RTA …
Emaar, CCL Pharma and other companies exploring IPO option
KARACHI: Emaar Pakistan, the subsidiary of Dubai-based Emaar Properties, Pakistan’s multinational pharma company CCL, FF Steel, Fast Cables and International Packaging Films are all at different …