Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the …
( read original story …)
Dubai Islamic Bank net profit record 33 percent increase
Dubai Islamic Bank, the Emirate’s largest Sharia-compliant lender by assets, registered a 33 per cent increase in its last year’s net profit, pushed …
( read original story …)
Dubai Islamic Bank’s 2021 profit climbs 33% on lower impairment charges
Courtesy Dubai Islamic Bank Dubai Islamic Bank reported lower impairment charges in 2021 pushing the net profit higher. Courtesy Dubai Islamic Bank . Dubai Islamic Bank, the UA …
( read original story …)
Adnoc named UAE’s most valuable brand, worth Dh47 billion, for 4th consecutive year
Adnoc’s $12.76 billion (Dh47 billion) brand value witnessed a 19 per cent increase over the previous year and a 174 per cent increase since 2017, said an Adnoc statement on Wednesday. Adnoc ranked the …
( read original story …)
UAE’s National Bank of Fujairah reports 124.2% rise in net profit for 2021
UAE lender National Bank of Fujairah (NBF) reported a net profit of Dhs115.2m for the year ended December 31, 2021, marking a 124.2 per cent increase, compared to a loss of Dhs475.3m recorded in 2020.
( read original story …)
Emirates NBD’s 2021 net profit up 34% to Dh9.3 billion, reinforcing UAE’s growth rebound
Significant decline in loan impairments and rise in income boosted full year profit Dubai: Emirates NBD’s net profit jumped 34 per cent to Dh9.3 billion in 2021, demonstrating the resilience of the …
( read original story …)
How Saud Ahmed Ibrahim Ahmed’s Leading UAE Security Company Technical Support Secure Websites & Electronic Accounts Exposes Computer Virus Attack
Cyber security analyst Saud Ahmed Ibrahim Ahmed has spoken of how his company (Technical Support Secure Websites & Electronic Accounts) stopped a potential ransom virus attack on a client’s computer.
( read original story …)
Dubai offers full support to financial markets to post higher growth
Dubai Mercantile Exchange was able to gain the confidence of major oil producers and consolidate its position as the most reliable source of oil pricing in the …
( read original story …)
Four of UAE’s SWFs in world’s top 20 largest funds
Four of the UAE’s sovereign wealth funds (SWFs) appear on the world’s top 20 largest funds list, said leading financial services PR firm Financepr.com in a new report, adding that the country seems …
( read original story …)
UAE Core Banking Solutions Market Analysis by Size, Share, Growth, Trends, and Forecast, 2021 2027
UAE Core Banking Solutions Market 2022 PORTLAND, OREGON, UNITED STATES, January 24, 2022 /EINPresswire.com / — Allied Market Research pu …
( read original story …)
UAE – Abu Dhabi Islamic Bank appoints new head of private banking
Dr Amer brings over 20 years of experience in the banking industry, primarily in wealth management and business development. by A Staff Reporter …
( read original story …)
UAE: Gold prices rise ahead of Fed meeting, Russia-Ukraine conflict
Gold prices were flat on Tuesday morning, as investors looked for interest rate hike cues from the US Federal Reserve’s meeting, while safe-haven bullion was buoyed by risk-off trades over concerns of …
( read original story …)
UAE – Ajman Bank to provide Dh152 million in financing for Aljada
Ajman Bank has signed a financing agreement with local developer Arada that will provide Dh152 million to finance the construction of two key projects within the fast-growing Aljada mixed-use …
( read original story …)
UAE Intercepts Two Ballistic Missiles Over Abu Dhabi Fired From Yemen
Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market ValueMorgan Stanley’s Slimmon Warns Against Buying Growth-Stock DipU.S. Futures Rebound With Focus on Fed Tightening: …
( read original story …)
How to drive your UAE-registered car in India for up to six months
Permanently moving your car to India is a much costlier approach wherein you end up paying at least 125 per cent of the value of your car in taxes and other fees in India. This al …
( read original story …)
Dubai tribunal upholds ban and fine of ex-DIFC based banker
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.
( read original story …)
For Goldman, Saudi Arabia will remain king of Mideast IPO deals
Tadawul All Share Index is up 8 percent this year, making it one of the world’s best performers, data compiled by Bloomberg show For Goldman, Saudi Arabia will remain king of Mideast IPO deals Capital …
( read original story …)