Middle East Business News - Published date: Thursday April 10, 2025.

This represents a 16.1 percent growth compared to January 2024, according to the Central Bank of the UAE's latest banki... Read more

Middle East Business News - Published date: Tuesday March 11, 2025.

UAE banks to maintain strong asset quality with central bank rule changes boosting loan coverage ratios, already near 1... Read more

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: Friday January 31, 2025.

The bank reported a 24% jump in its revenue in 2024 to AED 13.4 billion Read more

Middle East Business News - Published date: Friday January 24, 2025.

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

Middle East Business News - Published date: Tuesday January 21, 2025.

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

Middle East Business News - Published date: Tuesday November 19, 2024.

The UAE’s willingness to adopt innovative banking practices such as blockchain adoption and AI put it at the forefron... Read more

Middle East Business News - Published date: Tuesday September 01, 2020.

Certificates of deposit dropped to $53bn by the end of May, from $54bn in April Read more

Middle East Business News - Published date: Wednesday July 29, 2020.

Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more

Middle East Business News - Published date: Thursday July 23, 2020.

Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more

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

UAE banking sector has higher trust rating than US, UK, China, Japan, France and Germany Read more

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

Emirates NBD continues to have a good underlying operating performance, said CFO Patrick Sullivan Read more

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

Emirates NBD, Dubai's largest bank, reported a 24% drop in its first-quarter profit Read more

Middle East Business News - Published date: Monday February 17, 2020.

Employees in some of Habib Bank's UAE branches helped certain customers disguise transactions by issuing pay orders in t... Read more

Middle East Business News - Published date: Sunday February 16, 2020.

Consultation process launched for new Financial Consumer Protection Regulatory Framework Read more

Middle East Business News - Published date: Sunday February 16, 2020.

Subsidiary of Abu Dhabi Commercial Bank to sell Al Hilal Takaful to Siraj Holding Read more

Middle East Business News - Published date: Wednesday February 12, 2020.

Sources say Abu Dhabi Islamic Bank also plans to shut some local and international branches Read more

Middle East Business News - Published date: Monday February 10, 2020.

Gaurav B Shah brings over 20 years of experience in wealth and asset management and investment banking Read more

Middle East Business News - Published date: Monday February 10, 2020.

Consultations start on plans to establish new financial consumer protection regulatory framework in the UAE Read more

Middle East Business News - Published date: Sunday February 09, 2020.

The move follows India notifying last month UAE as a reciprocating territory for the purpose of enforcing foreign civil ... Read more