Abu Dhabi Commercial Bank Outlines Plan To Double Profit To $5.4bn In 5 Years
Abu Dhabi Commercial Bank unveils major expansion and dividend growth plans for next five years Read more
Bahrain Likely To Issue $2-3bn International Bonds, Sukuk In 2025
It could reduce its issuance if it receives more support from other GCC states versus expectations, or, if oil prices e... Read more
Derayah Announces IPO, Set To List On Saudi Exchange With 20% Share Offering
The company said the offer price for the share sale will be determined at the end of the book-building period Read more
RAKBANK Posts Record Over AED 2bn Profits In 2024
For Q4’24, the profit after tax was AED 386M, and the profit before tax was AED 424M, representing declines of 10.4% ... Read more
DP World Announces Multi-currency Stablecoin To Support Global Trade Transactions
DP World stablecoins will solve many issues for cross-border payment solutions with introduction of stablecoin system Read more
UAE Secures Over $30bn In Crypto Investments In Just One Year: Report
With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security Read more
DIFC Partners With Lloyds To Boost Future Talent In Insurance Sector
The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the ... Read more
Paymob Secures UAE Central Bank License For Retail Payment Services
The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions Read more
Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge
The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more
Saudi Arabia Leads Region With 178 Venture Capital Deals Last Year
Saudi venture capital funding is supporting business startups in the Kingdom Read more
UAE Gold Reserves Reach $6.7bn
CBUAE gold reserves surged by 34.8 per cent in the first 10 months of 2024 Read more
UAE Issues Limited Edition Silver Coin To Mark Central Banks 50th Anniversary
CBUAE issues limited edition 50th anniversary Golden Jubilee coin Read more
Mastercard, Ruya Collaborate To Bring Innovative Digital Products To UAEs Islamic Banking Landscape
The bank will benefit from the services of Mastercard Advisors, which employs more than 3,000 consultants in 53 countri... Read more
Saudi Banks Eye Global Capital Markets For Vision 2030 Growth Funding: S&P
Banks are also poised for stable profitability in 2025 on stronger credit growth Read more
CBUAE Reports $1.21 Trillion In Bank Assets By End Of October
Banks’ deposits increased by 1.5%, from AED 2,761.4 billion at the end of September to AED 2,802.5 billion at the end... Read more