DIFC records highest number of annual registrations since inception in 2020
Dubai International Financial Centre has reported the best performance in its 16-year history. Delivered under the leadership of His…
Financial Results
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Abu Dhabi Commercial Bank — Moody's – Large UAE banks see sharp but manageable drop in profits for 2020, driven by low rates and rising provisions
» The United Arab Emirate's four largest banks drop in net profits reflects high loan-loss provisions, lower interest rates and…
KFH Launches "It's Worth Transferring your Salary" Campaign
Kuwait Finance House launched “It's Worth Transferring your Salary” Campaign that includes a plethora of offers and discounts to customers.…
Barwa eyes development of land stock to boost revenues in 2021
Barwa Real Estate Company is keen to increase revenues via a “balanced mix of operational projects,” which meet the needs…
Pandemic to stall UAE banks' recovery in early 2021 – A&M
The pandemic will continue to affect profitability for banks in the United Arabia Emirates (UAE) in the early quarters of…
Top 10 UAE banks’ profits shrunk 40% in 2020: A&M
The aggregate net profit of the top 10 UAE banks declined by 38.3 per cent year on year in 2020,…
UAE banks expect revival in credit demand from Q1 2021
UAE banks expect to see an increase in credit demand in the first quarter of 2021 according to the fourth…
Qatari banks defy pandemic's impact on 2020 earnings
The combined results of the eight Qatari banks remained strong despite the impact of COVID-19 on operating conditions and rise…
Dukhan Bank announces its 2020 financial results
Dukhan Bank announced its financial results for the year 2020, which concluded with strong positive indicators across all fronts. …
National Bank of Umm Al Qaiwain seems to have seen off worst of COVID-19 impact
The DFM gained 1.66 per cent and ADX closed higher by 1.15 per cent in the week ended March 4.…
$7.62bln in cash dividends proposed by 38 UAE listed companies for 2020
Despite a slower and only marginal improvement in business conditions around the world, to the tune of AED29 billion in…
Nikko Asset Management: Future Quality Insights – March 2021
The introduction of the EU’s Sustainable Finance Disclosure Regulation in March 2021 will see significant changes to the way asset…