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Finance
ADCB H1 net profit jumps 76% to Dh2.524b
The bank said its Q2 net profit surged 14 per cent to Dh1.402 billion year on year, which represents a 25 per cent increase quarter on quarter. READ MORE
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Finance
Sharjah Islamic Bank’s net profit up 15% in first half
The net profit surged despite an increase in net impairment provisions, which increased to Dh127.8 million compared to Dh81.1 million for the previous year READ MORE
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Finance
Pakistan receives record $29.4 billion remittances in 2021
Workers’ remittances hit $2b plus mark for 13th consecutive month in June, 2021. READ MORE
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Finance
Dubai Investments acquires additional stake in NGI
Aggregate ownership now reaches 45.18% of the issued share capital of National General Insurance Company READ MORE
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Finance
Mashreq posts Dh85m profit for first half
The bank said its first-half operating profit of Dh1.6 billion is a 4.6 per cent increase compared to the same 2020 period “as a result of increased operating income and reduced operating expense.” READ MORE
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Finance
ADIB strengthens digital banking ecosystem
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Finance
UAE Central Bank issues monetary, banking developments for May 2021
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Finance
UAE consumers see rising financial threats in digital age
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Finance
Mashreq appoints Lopez for senior role
Mashreq is at the forefront of driving the digital disruption based on the significant changes in consumer preferences. READ MORE
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Finance
Covid-19: New wave of GCC bank mergers gathering pace
Lenders grappling with the economic fallout of the pandemic. READ MORE
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Finance
UAE: 9 out of 10 residents prefer digital banking to visiting physical branches
44% willing to switch to a different bank due to poor customer relations. READ MORE
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Finance
Expo 2020 Dubai set to herald a new era for innovative payments
Contactless transactions isn’t new, but usage soared quickly due to safety concerns over the Covid-19 pandemic READ MORE
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BusinessIMF warned that recovery from the Covid crisis will take years...
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