All Articles

Comment & Analysis

Qatari listed banks post highest sector average for ROE in GCC: KPMG report

April 26, 2022

KPMG recently released the seventh edition of its Gulf Cooperation Council  listed banks’ results report which analyses the financial outcomes…

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Comment & Analysis

UAE banks’ financial soundness measures remain robust: Central Bank

April 26, 2022

Financial soundness indicators of UAE banks are robust and improving as the economy picks up momentum, according to the UAE…

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Financial Results

Sharjah’s economy grows 4.8% in 2021, DSCD economic survey reveals

April 26, 2022

Sharjah’s gross domestic product (GDP) expanded by an annual 4.8% in 2021, as per official data released by the emirate’s…

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Comment & Analysis

UAE among world’s top markets with highest trust in the financial services sector

April 26, 2022

The UAE has been named among world’s top markets with highest trust in the financial services sector, according to a…

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Financial Results

ADCB reports net profit in Q1 2022

April 26, 2022

Abu Dhabi Commercial Bank PJSC delivered a solid performance in the first quarter of 2022, despite ongoing global uncertainty, recording…

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Uncategorized

Huriya Private: Realise financial freedom with its advisory services

April 26, 2022

Over the past few turbulent years, many have turned to wealth management firms in order to bolster their finances and…

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Financial Results

Abu Dhabi Commercial Bank's quarterly net profit up 32%

April 26, 2022

Abu Dhabi Commercial Bank (ADCB), the third-largest lender in the United Arab Emirates, on Monday reported a 32% increase in…

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Islamic Finance

Abu Dhabi’s ADIB provides $136mn Sharia’a-compliant financing for Jubail Island construction

April 26, 2022

The Abu Dhabi Islamic Bank  which is one of the UAE’s leading financial institutions, has signed a $136.12 million (AED…

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Extremely Wealthy

Saudi Royals are selling homes, yachts and art as Crown Prince cuts income

April 25, 2022

Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the U.S. and Europe…

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Financial Results

Banque Saudi Fransi first-quarter net profit up 12% on higher operating income

April 25, 2022

Banque Saudi Fransi posted a 12 per cent increase in first-quarter net profit as operating income rose and expenses fell.…

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Financial Results

QIIB net profit rises 5% to QR294.9m in Q1

April 25, 2022

Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman, QIIB’s Board of Directors announced the bank’s financial results for…

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Financial Results

Gross UAE banks’ assets rise to $905bln

April 25, 2022

Gross assets of banks in the UAE, including bankers’ acceptances, increased by 0.8 per cent to Dh3.322 trillion at the…

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