Dubai Chambers advances sustainability agenda
Dubai Chambers saved the equivalent of 3,822 five-gallon bottles of water and successfully promoted a culture of responsibility among employees.…
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Salim Saeed Al Midfa appointed as CEO of the Corporate Communications & Customer Service at Sharjah Asset Management
Sharjah Asset Management has announced the appointment of His Excellency Salim Saeed Al Midfa to the role of CEO of…
Six UAE lenders endorse green economy via $51.77bln financing
Six UAE lenders contributed to green financing with a total of AED 190 billion ($51.80 billion) by the end of…
UAE’s third auction of Islamic treasury bonds in 2023 oversubscribed 5.5 times
The third auction of the UAE's dirham-denominated treasury sukuk for the year was oversubscribed by 5.5 times, receiving bids worth…
Time to sell? UAE gold prices continue to rise
Gold prices jumped in the UAE and globally on Thursday morning, trading at nearly a two-week high due to a…
Oman’s Islamic banking assets hit RO7bn mark as market share rises
Oman’s Islamic banking sector is experiencing robust growth this year, driven by strong demand for Shariah-compliant products and supportive regulations.…
Islamic finance in Egyptian market exceeds $19.38bln in 1H 2023: El-Beltagy
Mohamed El-Beltagy, President of the Egyptian Islamic Finance Association, has said that the Islamic finance in the Egyptian market exceeded…
UAE's top banks' combined profits soar 68% on higher rates, business activity
The UAE's biggest banks, which account for 77% of banking assets, notched up a combined net profit of $7.4 billion…
Banking sector fintech major Zafin to set up third global operational centre in Dubai
Zafin, the Canada-headquartered leading SaaS (Software-as-a-Service) company in the banking sector, is looking to set up its third global operational…
UAE's four largest banks post profit rise on interest income boost and economic momentum
Profits of the four largest banks in the UAE grew sharply in the first half of this year, boosted by…
Valu rebrands as part of its evolution into a universal financial technology powerhouse
Valu, MENA’s leading financial technology company, announced Tuesday a strategic rebranding, marking a pivotal shift in its brand architecture. …
Alvarez & Marsal UAE Banking Sector Pulse Reveals Steady Performance in Q2 2023
Leading global professional services firm Alvarez & Marsal (A&M) has released its latest United Arab Emirates (UAE) Banking Pulse for…