National Bank of Fujairah posts 155.1% rise in nine-month net profit
National Bank of Fujairah recorded Dhs230.7m in net profit for the first nine months of the year, growing 155.1 per…
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Abu Dhabi's Aldar Properties' nine-month sales of Dh9.3b is already Dh2b over full-year 2021
There is no holding back Aldar Properties, which has just delivered its ninth consecutive quarter of ‘record-breaking’ sales. In the…
Drop in UAE gold prices and Diwali led to the best gold sales weekend in 2022
Online is finally making its presence felt in the UAE’s gold and jewellery market, with the recent ‘Dhanteras’ and Diwali…
Meta gives tepid revenue forecast as ad weakness persists
Meta Platforms gave a forecast for revenue in the fourth quarter that was on the low end of analysts’ estimates,…
Houlihan Lokey Expands Global Capital Markets Group Into Middle East and Africa
Houlihan Lokey has announced that Andy Cairns has joined the firm as a Managing Director and Head of Middle East…
DMCC and Panama’s Logis sign MoU to facilitate collaboration between the two free zones
The two parties will work together to promote the development of commodities trading in both free zones the world’s flagship…
QNB named Best Private Bank in Middle East
QNB Group, the largest financial institution in the Middle East and Africa, has topped its regional competitors as the “Best…
Gulf Bank of Kuwait and Mastercard revolutionise checkout experience
The new advanced version of Hosted Checkout technology will enable businesses to benefit from embedded Click to Pay experience Mastercard…
National Bonds launches nation-wide financial literacy program targeted towards youth
Onboards Amity University Dubai as the first partner of the program, offering curated financial consultancy and hands-on training to over…
FAB's nine-month profit jumps 19% on lower provisions and higher interest income
First Abu Dhabi Bank, the UAE’s largest lender by assets, said net income for the first nine months of the…
First Abu Dhabi Bank CFO James Burdett retires
The UAE’s biggest lender First Abu Dhabi Bank said its group chief financial officer, James Burdett, has decided to retire…
Saudi Arabia signs six MoUs on opening day of 6th Future Investment Initiative
Saudi Arabia signed six memoranda of understanding in energy, quality of life, defence industries, transportation biotechnology, and finance, according to…