In the video, Sofia urges her followers to “never date broke men.” With a soundtrack featuring a woman’s voice singing, “Thank you to my man,” the montage-style footage shows a series of aspirational …
Finance House Introduces The ‘Forsa’ Credit Card, Designed Exclusively For Emirati Citizens
With the introduction of Forsa, UAE nationals gain the unprecedented opportunity to consolidate their credit card debts into a single card, unlocking substantial savings on interest rates paid on …
UAE’s Cop28 Business and Philanthropy Forum forges partnerships to drive climate action
The UAE’s Cop28 Business and Philanthropy Climate Forum has forged new global partnerships to explore how the private sector can help bridge the $3 trillion gap in financing required annually to …
UAE’s top bank FAB Q3 profit up 46%, beats estimates
First Abu Dhabi Bank (FAB) reported a 46% jump in third-quarter net profit on Thursday, beating analysts’ expectations, on higher income from interest payments as customers paid more to borrow.
UAE mega-bank FAB delivers record 9-month net profit 2023 of Dh12.4b
Its 9-month ’23 revenues at Dh20.5b as UAE banks look to another strong quarter numbers Dubai: UAE’s biggest bank FAB’s net profit put in another hot streak, helping propel the nine-month total to …
UAE: Gold prices drop Dh1 per gram in early trade after gaining over Dh2 on Wednesday
Gold prices dropped one dirham per gram at the opening of the markets on Thursday after it gained over two dirhams per gram …
Dubai realty matures as end-users dominate
The Dubai real estate market is showing signs of maturing, as more and more end-users are entering the market, a new report showed. The Betterhomes’ Dubai Real Estate Market report for the third …
UAE a pivotal and influential contributor to historic international decisions
The UAE has become an increasingly important player in international relations due to its strong ties with most countries …
Gupta bank and Dubai insurer settle row over disputed trades
A defunct trade finance bank owned by steel tycoon Sanjeev Gupta and a Dubai insurer have settled a legal dispute over US$3.18mn in trade credit insurance claims. The Commonwealth Trade Bank (CTB) was …
UAE leads GCC with $3.9bln in proceedings from four IPOs
The UAE was the top performer in terms of IPO value, generating $3.9 billion from four listings in the first nine months of 2023, Kuwait Financial Centre (Markaz) said in a new report released on …
Markaz: GCC IPOs raise USD 6.8 billion in 9M-2023 marking, with the UAE market leading the region in terms of IPO proceeds
Kuwait Financial Centre “Markaz” released its research report titled “Initial Public Offerings (IPO) in the GCC markets”, which raised total proceeds of USD 6.8 billion through 29 offerings during the …
AlHuda CIBE and Holy Book Finance collaborate to boost of Islamic Finance
The inherent sustainability and status as a superior financial alternative elevate the prominence of this phenomenon, attracting the professionals and researchers …
COP28 hosts signal intent to expand energy transition partnerships, reform climate finance, operationalise carbon markets
COP28 hosts signal intent to expand energy transition partnerships, reform climate finance, operationalise carbon markets; Euro Markets: Midday Update; Insurance mar …
How robust economic growth and reforms are attracting investors to GCC stocks
Proceeds from global initial public offerings surged by 46 per cent in the second quarter of 2023, with the Asia-Pacific region, led by mainland China, contributing about 68 per cent of the total.
UAE apex bank unit launches instant digital payments platform
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), has announced the launch of Aani, an instant payment platform that aims to transform the landscape of digital payments in …
National Bank Of Fujairah Announces 17 UAE National Graduates From Its Management Trainee Programme
The young Emiratis successfully completed the 11th edition of the long-standing programme.
ADIB Named as the Best Bank in the UAE by Global Finance Awards 2023
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been named the Best Bank in the UAE by Global Finance Magazine 2023. The bank was recognised also as the Best Islamic Bank …