UAE apex bank unit launches instant digital payments platform
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has announced the launch of Aani, an instant…
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Bain & Company announces a new report assessing MENA's climate ambitions, corporate response and consumer awareness
Bain & Company together with the World Economic Forum launched a new sustainability report ‘Closing the Climate Action Gap: Accelerating…
ADIB Named as the Best Bank in the UAE by Global Finance Awards 2023
Recognised as the Safest Islamic Bank Globally Recognised earlier this year as the Best Islamic Bank for ESG Abu Dhabi…
Boubyan Bank records net profit of KD 61.1m for 9-month period in 2023
Boubyan Bank has announced outstanding financial results for the period ending 30 September 2023, with KD 61.1 million in net…
Hedge funds are thriving in the UAE
The UAE hedge fund ecosystem is growing by leaps and bounds. Whether you look at the number of announcements made,…
Proserv makes senior appointments in Norway and Qatar to drive growth
Proserv has appointed two new General Managers (GM) for its businesses in Stavanger, Norway and Doha, Qatar. Rune Christian Godejord…
QIB profit grows by 7.2% to reach QR3,055m for nine months
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the nine months’ period ended 30 September…
Oman Arab Bank’s OMR 50mln perpetual bonds issuance oversubscribed by 60%
Oman Arab Bank has successfully closed a new Subordinated Perpetual Additional Tier 1 Bond issuance of OMR 40 million with…
UAE’s pension scheme is ranked 23rd worldwide
The UAE has moved up two places in the ranking of pension systems around the world. The Mercer CFA…
Qatar Islamic Bank posts 7% rise in M9 2023 net profit
Qatar Islamic Bank has reported its nine-month 2023 net profit of 3.05 billion riyals ($839 billion), up 7% over the…
UAE Corporate Tax: Small businesses unsure on compliance should check out 'Muwafaq' package
Small businesses in the UAE still unsure about how to go about corporate tax compliance can do themselves a lot…
UAE: Gold prices jump over Dh1 per gram as Middle East conflict escalates
Gold prices jumped more than one dirham per gram in the UAE on Wednesday morning due to the escalation of…