More UAE third-party administrators go bust
The UAE health insurance market is set to witness the collapse of more third party administrators (TPAs) and the emergence…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47882 articles available
Al Baraka Banking Group first-half profit falls as pandemic provisions soar 345%
Islamic bank Al Baraka posted $47.09 million in half-yearly profit attributable to equity holders, a fall of 16% compared to…
Abu Dhabi Islamic Bank reports H1 2020 net profit of AED587.6 million
Abu Dhabi Islamic Bank (ADIB) today reported a net profit of AED587.6 million and AED 2.5 billion in net revenue…
CDC reinforces Egyptian ties with new appointment
The hire of an experienced development finance professional is intended to improve the UK development finance institution's relationships in Egypt,…
Al Salam Bank Reports a Net Profit Attributable to Shareholders of BD 7.1 Million in the First Half of 2020
Al Salam Bank-Bahrain (“ASBB”) (Bahrain Bourse Trading Code: “SALAM”; Dubai Financial Market Trading Code: “SALAM_BAH”) reported a net profit attributable…
Dubai leads most major Gulf markets higher; Egypt quiet
Most major Gulf bourses ended higher on Wednesday, with the Dubai's index buoyed by gains in Emirates NBD Bank after…
Samba Financial Group Chooses Dubai International Financial Centre for International Operations
> First Saudi Arabian banking license launched in DIFC >DIFC presence will help Samba Financial Group access the regional markets…
Dubai's Emirates NBD in early talks for possible acquisition of Blom Bank Egypt
Dubai's biggest bank, Emirates NBD, is in preliminary discussions with Lebanon's Blom Bank,regarding the possibility of a potential acquisition of…
Interacting with customers in the "New Now"
How is the COVID-19 pandemic changing the way companies and customers communicate? And what can we learn from it? …
Saudi Arabia's Aramco raises domestic petrol prices
Saudi giant, Aramco, has raised its domestic gasoline prices for August, state TV reported yesterday. In July, the state-owned…
Why banking on GCC e-wallets is an easy money decision
In a matter of seconds, a digital wallet allows secure payment of bills and purchases to retailers, but also the…
IMF Grants Egypt $5.2 Billion Loan
The International Monetary Fund’s (IMF) executive board approved on August 11th a 12-month stand-by arrangement for Egypt at a total…