A UAE task force set up to snare money launderers and criminals financing terrorism seized more than Dh2 billion in illicit funds in its first year. The Executive Office of Anti-Money Laundering and …
( read original story …)
UAE discussing defence upgrade after Houthi attacks- envoy to U.N.
The United Arab Emirates may upgrade its defensive capabilities after missile attacks by Yemen’s Iran-aligned Houthi group, while continuing diplomacy with Tehran to reduce regional tensions, a senior …
( read original story …)
UAE’s Etisalat and Adnoc ranked among world’s strongest brands
Etisalat has been ranked as the world’s strongest telecom brand and the first in the Middle East and Africa region while Abu Dhabi National Oil Co. (Adnoc) maintained its position as the UAE’s most …
( read original story …)
Dubai Islamic Bank posts 39% rise in net profit for 2021
Dubai Islamic Bank recorded a 39 per cent year-on-year increase in net profit for 2021, totaling Dhs4.406bn versus Dhs3.16bn earned during a year-earlier period. Last year, operating revenues declined …
( read original story …)
Dubai Islamic Bank’s net profit up 39% to Dh4.4 billion
Dubai: Dubai Islamic Bank (DIB), reported a net profit of Dh4.4 billion for the full year 2021, up 39 per cent year on year. “Despite the on-going global market uncertainties, the UAE banking sector …
( read original story …)
Dubai Islamic Bank Full Year 2021 Group Financial Results
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 …)