Commercial Bank of Dubai net profit up 33.4% at Dh575m in Q1 2023
Commercial Bank of Dubai reported a net profit of Dh575 million for the first quarter of 2023, up 33.4 per…
Uncategorized
47651 articles found
Bank Nizwa partners with Buna to offer seamless cross-border payments
Bank Nizwa has announced a partnership with Buna, a cross-border payment system fully owned by the Arab Monetary Fund. …
Wealth manager sets up shop in Dubai
Gulf Cooperation Council-based The Family Office has set up an operation in the Dubai International Financial Centre (DIFC) in the…
UAE's mandatory job loss insurance scheme: 2 new employee categories added
The number of categories of employees who can subscribe to the UAE’s job loss scheme has been expanded, with the…
Growth in Middle East, Central Asia to slow amid global challenges: IMF
Economic growth in the Middle East, North Africa and Central Asia regions will slow in 2023, underlining the need to…
UAE’s e& reports consolidated revenue of Dhs13bn in Q1 2023
UAE-based telecoms giant e& announced its consolidated financial results for Q1 2023, reporting consolidated revenues touched Dhs13bn. At constant…
Dubai Islamic Bank to acquire 25% stake in Turkey digital bank
Dubai Islamic Bank, the UAE’s largest Islamic lender, said on Wednesday its board of directors has approved a proposal to…
Dubai’s TECOM Q1 net profit jumps 34%; beats estimate
Dubai business park operator TECOM Group posted a 34% rise in Q1 2023 net profit to 255 million dirhams ($69…
Standard Chartered says Saudi Arabia has opportunities for growth
Saudi Arabia is an important market that is “growing and promising” and opens up large-scale banking opportunities for the region…
Saudi's PIF intends to create 1.8mln jobs: Al-Rumayyan
Yasir Al-Rumayyan, governor of the Public Investment Fund (PIF), said that the total volume of the PIF’s assets under management…
The Family Office expands its presence in the GCC region, inaugurating an office in Dubai’s DIFC
The Family Office, a leading wealth manager in the GCC has announced the inauguration of its new office in The…
ROSHN banking on technology to deliver high-quality communities
Saudi Arabia’s national real estate developer ROSHN is banking on advanced technologies to spearhead its goal of delivering modern and…