Sharjah Islamic Bank reports Dh251.2m net profit in first half 2020
Sharjah Islamic Bank on Wednesday reported a net profit of Dh251.2 million for the first half of 2020, down by…
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Saudi Arabia clarifies on income tax after finance minister's comment
Saudi Arabia has clarified that introducing an income tax is not under discussion. And that the subject has not been…
First Abu Dhabi Bank wins global tender to be Etihad partner
First Abu Dhabi Bank will be the card payment processing partner of Etihad Aviation Group, on both online and in-store…
Qatar- QIIB posts QR512.6mn half-yearly net profit assets top QR59bn
QIIB has posted a half-yearly net profit of QR512.6mn, up 0.4% on the same period last year. The results…
Qatar's capital market should encourage more primary issuances
A strategic document envisioned for broadening Qatar’s capital market has listed out a wide range of recommendations, including developing a…
Robust Finance Functions Key For Saudi Arabia’s Road To Recovery
Saudi Arabia’s financial institutions and government stretched out a helping hand to residents and business owners through numerous initiatives as…
Abu Dhabi property sales set to increase in H2 2020
Sales volumes in Abu Dhabi’s real estate market are expected to rise in the second half of 2020, as developers…
Region’s first global digital security capital raise from the DIFC
Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa and South Asia region has announced…
Lebanon hires US firm for central bank probe
The Lebanese government has hired Alvarez & Marsal, a New York-based professional services firm, to carry out a forensic audit…
Optimism about personal finances is on the rise among UAE residents
The appearance of the Covid-19 pandemic has turned our familiar world upside down within a span of few months. YouGov’s…
Mashreq posts Dh535m net profit for first half of 2020
Mashreq on Wednesday reported a net profit of Dh535 million for the first half of 2020 down 56.2 per cent…
Time ripe for banks to move towards green loans: BAB
The exceptional circumstances inflicted by the Covid-19 pandemic and its repercussions on business offer a favourable opportunity for banks to…