UAE banks deferred Dh13.5b in loan repayments under CBUAE support package
Banks in the UAE deferred repayments on Dh13.5 billion worth of loans for more than 135,000 customers under a Central…
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MultiBank integrates Botim to simplify funding for mb.io users in UAE
MultiBank Group's digital asset platform, mb.io, has integrated Botim as a payment method, allowing users in the UAE to fund…
CBI grows pre-tax profit by 68% to AED 156 million in H1 2026
Commercial Bank International PJSC has released its financial results for the first half of 2026. Key Financial Highlights: For…
Federal Tax Authority wins SAP Global Innovation Award forimplementing corporate tax through the Emaratax digital platform
Abdulaziz Al Mulla: We are implementing a comprehensive innovation strategy to achieve global leadership in tax procedures The Federal Tax…
Burgan Bank announces financial results for the first half of 2026
Burgan Bank KPSC (Burgan or the Bank or the Group) reported its financial results for the six-month period ended June…
Kuwait banks extend more credit despite slump in import finance
Kuwait’s banks continued to expand lending during the first half of 2026 despite a sharp slowdown in import financing, as…
BIBF and BKIC hold Bahrain’s first AI hackathon for the insurance sector
The Bahrain Institute of Banking and Finance , in collaboration with Bahrain Kuwait Insurance Company, held Bahrain’s first AI hackathon…
MEEZA secures additional QR1.6bn Murabaha facility from Dukhan Bank
Data centres and managed IT services provider MEEZA has secured an additional QR1.6bn Commodity Murabaha bank facility from Dukhan Bank.…
The five hidden costs of doing your own finances as a founder
For many founders, managing the books themselves feels like the responsible choice when budgets are tight. But the hidden costs…
UAE keeps key interest rate unchanged in July, mirroring US Fed move
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the Base Rate applicable to…
ADIB delivers strong H1 2026 results, with net profit before tax increasing 9% to AED 4.3bln, and industry-leading ROE of 28%
Net Profit ADIB continued to deliver strong and sustainable growth in H1 2026, with net profit before tax increasing…
Alvarez & Marsal report urges CFOs to prioritize execution as cost and liquidity pressures intensify
New report from former CFOs and turnaround operators argues that cash, cost and cost of goods sold (COGS) should be…