Boubyan Bank records net profit of KD 61.1m for 9-month period in 2023
Boubyan Bank has announced outstanding financial results for the period ending 30 September 2023, with KD 61.1 million in net…
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ADIB Named as the Best Bank in the UAE by Global Finance Awards 2023
Recognised as the Safest Islamic Bank Globally Recognised earlier this year as the Best Islamic Bank for ESG Abu Dhabi…
Bain & Company announces a new report assessing MENA's climate ambitions, corporate response and consumer awareness
Bain & Company together with the World Economic Forum launched a new sustainability report ‘Closing the Climate Action Gap: Accelerating…
UAE apex bank unit launches instant digital payments platform
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has announced the launch of Aani, an instant…
UAE to launch national domestic card scheme
The United Arab Emirates is to establish its own domestic card scheme in a bid to encourage strategic independence from…
EY Reveals Exponential Growth in MENA as Net Profits up by 30%
The Middle East and North Africa region has seen exponential growth year-on-year (YoY) according to EY MENA’s latest banking report. …
UAE investments in Turkey hit $5.6bn
UAE investments in Turkey reached AED20.6bn ($5.6bn) earlier this year, while trade between the two countries measured at around $10bn…
Livelihoods of half a billion at risk in Middle East from climate change, report finds
A new report has warned the livelihoods of more than half a billion people in the Middle East and North…
UAE: Gold prices jump over Dh1 per gram as Middle East conflict escalates
Gold prices jumped more than one dirham per gram in the UAE on Wednesday morning due to the escalation of…
UAE Corporate Tax: Small businesses unsure on compliance should check out 'Muwafaq' package
Small businesses in the UAE still unsure about how to go about corporate tax compliance can do themselves a lot…
Qatar Islamic Bank posts 7% rise in M9 2023 net profit
Qatar Islamic Bank has reported its nine-month 2023 net profit of 3.05 billion riyals ($839 billion), up 7% over the…
UAE’s pension scheme is ranked 23rd worldwide
The UAE has moved up two places in the ranking of pension systems around the world. The Mercer CFA…