Uncategorized Archives - Page 492 of 3971 - Managers of Wealth Middle East

Retail Banking

ADIB achieves strong growth with over £100mln in UK commercial real estate financing in the first half of the year

August 10, 2023

Abu Dhabi Islamic Bank has continued to grow its UK commercial real estate financing portfolio with over £100m in new…

Financial Results

SHUAA Capital delivers strong profitability in the first half of 2023

August 10, 2023

United Arab Emirates: SHUAA Capital psc has announced its H1 2023 financial results. Net profit attributable to shareholders was AED…

Hedge Funds & Alternative Investments

Dubai's Emaar first-half profit surges 15% on higher sales

August 10, 2023

Emaar Properties, Dubai's largest listed developer, reported a 15 per cent surge in its first-half profit amid higher property sales.…

Retail Banking

Lesha Bank reports QAR 44.7 million profit in the first half of 2023

August 10, 2023

Lesha Bank LLC (Public) (the “Bank” or ’Lesha Bank’) today announced its financial performance for the six-month period ending on…

Hedge Funds & Alternative Investments

Dubai’s GDP grows 2.8% in Q1 2023 to reach Dhs111.3bn

August 9, 2023

Dubai’s real gross domestic product (GDP) grew 2.8 per cent year-on-year in the first quarter of the year to reach…

Regulation, Risk & Compliance

UAE: DFSA, Financial Intelligence Unit join hands against financial crime

August 9, 2023

The Dubai Financial Services Authority has signed a memorandum of understanding with the Financial Intelligence Unit of the UAE to…

Hedge Funds & Alternative Investments

GCC wealth funds set to expand global presence on growing liquidity buffers

August 9, 2023

Continued foreign currency generation will allow GCC-based sovereign wealth funds to extend their foray into global markets in the coming…

Retail Banking

Oman Development Bank approves development loans worth RO 14 million

August 9, 2023

The Board of Directors of Oman Development Bank has approved a set of loans to the tune of RO 14…

Financial Results

Bahrain's NBB posts 4% rise in H1 net profit to $108mln

August 9, 2023

National Bank of Bahrain has reported 4% increase in net profit attributable to shareholders to BHD40.8 million ($108.2 million) in…

Financial Results

Bahrain's NBB posts 4% rise in H1 net profit to $108mln

August 9, 2023

National Bank of Bahrain has reported 4% increase in net profit attributable to shareholders to BHD40.8 million ($108.2 million) in…

Islamic Finance

Qatar's Islamic insurance sector GCC's 'most profitable' market in 2022: S&P

August 9, 2023

Qatar's takaful (Islamic insurance) sector remained the GCC's most profitable market, with insurers reporting an average combined loss and expense…

ESG

Takaful Oman stays committed to sustained growth; records rise in profit and turnover

August 9, 2023

Takaful Oman Insurance rooted in the power of visionary leadership, strategic realignment, and operational optimisation, has showcased remarkable business transformation…

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