Dubai's Deyaar Q2 net profit surges on new handovers
Dubai-based property developer Deyaar reported a 90% surge in its Q2-2023 net profit as its revenue more than doubled on…
Uncategorized
47651 articles found
CBI net profit increases by 44% in H1 2023
Commercial Bank International announced its 2023 half-year financial results. CBI said its net profit increased by 44 per cent year-to-date…
UAE: Gold prices slip in Dubai, reaching nearly 3-week low
Gold prices fell at the opening of the markets on Thursday in the UAE, reaching a newly three-week low on…
UAE banks processed Dh6.74 trillion in remittances during first five months of 2023
UAE banks processed approximately Dh6.74 trillion in remittances through the UAE Funds Transfer System during the initial five months of…
Gulf International Bank honoured for best API banking initiative by Global Finance Innovators Awards 2023
Gulf International Bank was honoured for Top Innovations in Finance for Open Banking by the Global Finance Innovators Awards 2023,…
Signing of a Memorandum of Understanding with Abu Dhabi Exports Office
Sumitomo Mitsui Banking Corporation has announced that it signed a Memorandum of Understanding with Abu Dhabi Exports Office (“ADEX”, Acting…
ADSS appoints Mahmoud Alkudsi as Senior Market Analyst
ADSS, the Abu Dhabi headquartered international securities brokerage, has appointed Mahmoud Alkudsi as Senior Market Analyst, supporting the company’s ambitious…
UAE GDP records 3.8% growth in three months
UAE GDP has witnessed a 3.8 percent growth in the first quarter of 2023, confirming the strength of the national…
Dubai: Bank fined Dh11.1 million for inadequate anti-money laundering systems
The Dubai Financial Services Authority on Tuesday said it imposed a fine of $3.02 million Dh11.1 million) on the bank…
Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT
Driven by rising property prices, Saudi Arabia’s Real Estate Price Index edged up by 0.8 percent in the second quarter…
Al-Falih highlights Saudi investment interest in Brazil
Green energy and food security are two of the main sectors in which Saudi Arabia is interested in investing in…
Financial industry ranks second in most hybrid multicloud deployments
Nutanix has announced the financial services industry findings of its fifth annual Enterprise Cloud Index survey, which measures enterprise progress…