RAK Properties' net profits surge 383% in Q3 2021
Ras Al Khaimah: RAK Properties today announced its Q3 net profit surged 383 percent to AED197.9 million compared to AED40.97…
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GDC seals partnership deal with Abu Dhabi group
Malaysia’s GDC Fund Management Limited has inked a tripartite strategic MoU with World Credit Savings Limited (WCS), a financial services…
BNY Mellon sees Middle East outpacing growth of global business over next five years
BNY Mellon, the US bank which manages more than $2.3 trillion of assets, expects its Middle East business to outpace…
Arab Bank Group profits grow by 26%
Arab Bank Group reported net income after tax of $271.7 million as compared to $215.2 million for the same period…
Dubai royal divorce begins
The biggest divorce case in British legal history began yesterday as a Jordanian princess arrived at court to demand a…
Moody’s affirms eight UAE banks' ratings and changes outlook to stable
Moody's Investors Service affirmed the long-term ratings of eight UAE banks and changed the outlook to stable from negative on…
ICICB Launched the Fastest Blockchain Platform in the World at Blockchain Innovation Summit in Dubai
Dubai's ICICB Group is a renowned investment management company that fosters innovation through funding projects of value based on the…
Commercial Bank of Dubai’s 9-month profit surpassed Dh1 billion
Commercial Bank of Dubai (CBD) Wednesday reported a net profit of Dh1.05 billion for the nine months to September 30…
UAE to introduce new Federal Data Law
The UAE has introduce a new Data Protection Law, the first federal law of its kind in the region. The…
Saudi central bank assets rise $4.86 billion in September
Assets held by the Saudi Arabia’s central bank (SAMA) increased on a month-on-month basis by SR18.24 billion ($4.86 billion) to…
Citigroup plans more investment in Saudi Arabia, eyes banking license
Citigroup wants to pursue a banking license in Saudi Arabia to further boost its business in the kingdom by expanding…
Saudi Arabia jointly hosts Saudi-UK Green finance roundtable at FII and signs agreements with key new partners
During the roundtable, both parties signed a Memorandum of Understanding to recognize and promote direct investment between the two countries…