Middle East Business News - Published date: Wednesday February 12, 2025.

Pre-tax profit up 27% to $2.45 billion; Customer deposits up almost 12% to $67.8 billion; NPF ratio improves 140bps to ... Read more

Middle East Business News - Published date: Monday April 20, 2020.

Capital restructuring plan will see the cancellation of 21.3 percent of the company's shares Read more

Middle East Business News - Published date: Sunday April 05, 2020.

Dubai-based bank had about $425m of exposure at the end of March, while NMC owed its subsidiary Noor Bank about $116m Read more

Middle East Business News - Published date: Sunday April 05, 2020.

Abu Dhabi Commercial Bank has requested NMC be placed in administration Read more

Middle East Business News - Published date: Thursday June 20, 2019.

New research says UAE banks are generating healthy earnings despite tougher economic conditions in Q1 Read more

Middle East Business News - Published date: Monday May 20, 2019.

More than 20 Gulf financial institutions with total assets exceeding $1 trillion are in merger talks Read more

Middle East Business News - Published date: Tuesday April 23, 2019.

Dubai Islamic Bank's acquisition of Noor Bank would create a lender with $75bn in assets Read more

Middle East Business News - Published date: Monday April 15, 2019.

Dubai Islamic Bank was reported last month to be considering buying Noor Bank Read more

Middle East Business News - Published date: Monday April 08, 2019.

Dubai Islamic Bank held preliminary discussions with Dubai-based Noor Bank's shareholders, according to sources Read more

Middle East Business News - Published date: Tuesday January 22, 2019.

Dubai Islamic Bank is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $6bn Read more

Middle East Business News - Published date: Thursday February 22, 2018.

Largest Islamic bank in the UAE celebrates the listing of a $1bn sukuk on Nasdaq Dubai Read more