DUBAI, 14th July, 2026 (WAM) — Dubai Islamic Bank (DIB) reported net profit after tax of AED3.736 billion for the first half of 2026, compared with AED3.73 billion in the same period last year, while …
SpaceX IPO ignites rally across Asian supply chains
SpaceX’s $75bn IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk’s rocket company that are likely to benefit from the blockbuster deal. Shares of …
Trellen Capital completes first UAE SME financing transaction, expanding access to growth capital
DFSA-regulated Trellen Capital completes its inaugural financing transaction, providing growth capital to a Dubai-based trading and distribution company and reinforcing its commitment to addressing th …
UAE Microfinance Market Report Just Released; Profiles Emirates Microfinance Bank, Dubai Islamic Bank, and 13 Other Key Players
The UAE Microfinance Market thrives on increasing financial inclusion, SME growth, and low-income household loans. Key opportunities are tied to e-commerce expansion and NGO partnerships, which can …
Emirates NBD becomes first regional bank to enable real-time cross-border dollar payments on blockchain
Lender launches instant US dollar settlement through Partior’s blockchain network, with J.P. Morgan acting as settlement bank in the first phase of a wider global rollout.
UAE plans new port to bypass Strait of Hormuz, end Gulf shipping crisis: Report
DP World is planning a new port and container terminal in Fujairah on the UAE’s east coast to bypass the Strait of Hormuz and safeguard trade flows amid recurring disruptions due to the war.
Tabby Cash launches in the UAE: 3% cashback, no fees and free local transfers
Tabby Cash is a fee-free UAE spending account with a cashback card and free local transfers. Here’s the 3% launch offer, the waitlist and what it signals.
Dubai ranks as competitive global hub for affluent lifestyles: Julius Baer report
Optimism among Middle Eastern high-net-worth individuals (HNWIs) remains exceptionally strong: a third reported major wealth accumulation last year, and 43 per cent are expanding their investments and …
ADIB, Dubai DET sign agreement to offer SMEs foundational toolkit for success
ABU DHABI, 13th July, 2026 (WAM) — Abu Dhabi Islamic Bank (ADIB) and Dubai Department of Economy and Tourism (DET) have launched a DET Connect Account under DET’s “SME in a Box” platform to empower …
ECI supports $50mln trade finance facility for Gerald Group with ADCB to accelerate UAE non-oil exports
Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has supported a USD 50 million, three-year trade finance deal for Gerald Metals Sàrl, the Geneva-based subsidiary of Gerald …
UAE, Saudi banks to lead GCC credit growth in 2026, says S&P
Ratings agency says robust capital buffers, healthy liquidity and continued lending growth position UAE ,Saudi banks to maintain stability despite a more challenging global environment.
ASB Capital deepens UAE capital markets presence with JLM role in Dubai Islamic Bank’s USD 1bln AT1 Sukuk issuance
ASB Capital, a purpose-driven asset and wealth management firm with assets under management (AUM) of USD 9.1 billion, acted as Joint Lead Manager and Bookrunner in Dubai Islamic Bank’s (DIB) USD 1 …
Ajman Bank opens new corporate office in Dubai
Ajman Bank has officially opened a new corporate office in Dubai, reinforcing its institutional presence in the UAE’s leading commercial hub and expanding its capacity to serve corporate and …
FG speaks on UAE, mentions plan to establish first ever Abu Dhabi Bank in Lagos
Sheikh Hamad bin Khalifa Al Thani, Qatar’s former emir, died at 74. He reshaped the nation with Al Jazeera, gas exports, and the 2022 World Cup bid.
Backed by Abu Dhabi’s ruling family, UAE’s $406 billion banking giant targets South Africa after 10-year court battle
First Abu Dhabi Bank (FAB), the United Arab Emirates’ largest lender with more than $400 billion in assets, has moved a step closer to entering South Africa after ending a decade-long trademark …
Dubai mortgages: When can banks repossess homes for missed loan payments?
Process for falling behind on repayments, legal notice period, and whether you can get extra time before a forced sale explained …
Dubai homebuyers in 2026 turn to fixed-rate mortgages as banks tighten scrutiny
Dubai’s property market is usually discussed through prices, launches and transaction volumes. But in 2026, one of the most important shifts is happening inside the mortgage market. For buyers, the …