DOHA: PwC Middle East s latest IPO Watch report reveals that GCC equity markets continued to attract capital and investor interest in Q2 2025, …
Dubai Financial Market Announces 298% Rise in Net Profit Before Tax for the First Half of 2025 to AED 777.1 Million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit bef …
Dubai Financial Market announces 298% rise in net profit before tax for the first half of 2025 to AED777.1mln
Dubai, UAE: Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED 777.1 million, up 298 …
UAE’s largest bank FAB relocates to new London address cementing 48-year legacy in the UK
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, today marked a major milestone with an official opening of its new London branch.
DFM announces 298% rise in net profit before tax for H1 2025 to $207mln
DFM saw robust market performance during this period, with the DFM General Index (DFMGI) rising by 10.6 percent …
Dubai Islamic Bank Enhances Customer Experience and Modernizes Core …
About Dubai Islamic Bank: Established in 1975, Dubai Islamic Bank is the largest Islamic bank in the UAE by assets and a public joint-stock company listed on the Dubai Financial Market.
DFM announces 298% rise in net profit before tax for H1 2025 to AED777.1 million
Dubai Financial Market (DFM) today announced its consolidated financial results for the six-month period ending 30 June 2025, reporting a net profit before tax of AED777.1 million, up 298 percent …
UAE’s Masdar swings to profit as costs fall and assets soar
UAE renewables company Masdar swung to a profit in 2024, driven by a drop in direct costs. Net earnings reached AED412 million ($112.2 million) last year, versus a net loss of AED44 million in 2023, …
Dubai: Number of companies in DIFC jump 25% to 7,700
Around 1,081 new active registered companies joined the DIFC, representing a 32 per cent increase from the same period in 2024 …
UAE’s Open Finance will transform the banking experience
The UAE is on the cusp of a transformation in financial services, as the Central Bank of the UAE (CBUAE) rolls out its pioneering Open Finance initiative – a key pillar of the country’s ambition to …
Dubai universities launch new AI and Robotics programmes for 2025 academic year
The institutions aim to transform emerging talent into a future-ready workforce as part of Dubai’s Education 33 Strategy …
My Dubai Salary: ‘After earning Dh1,500 as a supermarket cashier, I now make Dh48,000 as an entrepreneur’
Meenakshi Tejwani has tried new careers throughout her life. She started off working in sales at the age of 17 at a car showroom in India, moved to Dubai in 2012 and found a job as a supermarket …
GNG Electronics shares off to a solid start, list at 50% premium over IPO price
GNG Electronics share price listed at ₹355 apiece on the NSE, up ₹118 or 49.79% over its issue price of ₹237 per share. On the BSE, GNG Electronics stock opened at ₹350, a premium of 47.68%.
UAE Central Bank revokes licence of Al Nahdi Exchange
The Central Bank of the UAE (CBUAE) has revoked the licence of Al Nahdi Exchange, an Exchange House operating in the UAE, and struck its name off the Register, pursuant to Article (137) of the …
Ajman Bank and MENSA Technologies announce strategic alliance
Ajman Bank, a leading Shariah-compliant banks in the UAE, has partnered with MENSA Technologies, a fintech company, in a strategic alliance aimed at enhancing the delivery of Wage Protection System …
Abu Dhabi Investment Authority snaps up 1.17% stake as anchor in India’s NSDL IPO
The Abu Dhabi Investment Authority (ADIA) has continued its investment streak in India, acquiring a 1.17% stake in the National Securities Depository Limited (NSDL), the country’s oldest central …
UAE central bank suspends foreign insurer’s motor business over solvency issues
The CBUAE cited the entity’s non-compliance with solvency and guarantee requirements specified in the Law and prevailing regulations governing insurance companies in the UAE as the reason for the susp …