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First Abu Dhabi Bank reports Group Net Profit of AED 5.1 billion for the first quarter of 2022

First Abu Dhabi Bank (FAB) reported its financial results for the three-month period ended 31 March 2022. The Group produced a strong set of results...

Commercial Bank of Dubai (CBD) reports net profit of AED 431m, up 32.6% on the prior comparative period

Commercial Bank of Dubai (CBD) reported its financial results for the first quarter of 2022. Commercial Bank of Dubai has delivered a net profit of...

Dubai Islamic Bank 1st Quarter 2022 Group Financial Results

Dubai Islamic Bank announced its results for the period ending March 31, 2022. First Quarter 2022 Highlights: Significant growth in Group Net Profit of 58%...

Mashreq posts AED 606 million Net Profit for 1Q 2022

Mashreq has reported its financial results for the quarter ending 31st March 2022. Key highlights: Robust Growth in Operating Income & Net Profit Operating...

Digitizing Saudi Arabia’s Banking Markets

How has the market for the digitization of banking and finance developed since the Saudi Central Bank's launch of Fintech Saudi in April 2018? We're...

GFH to list shares on the Abu Dhabi Securities Exchange in May

GFH Financial Group announced that the targeted cross listing of its shares on the Abu Dhabi Securities Exchange (ADX) is expected to take place...

Careem Pay launches digital wallet and peer-to-peer transfer in the UAE

Careem Pay introduces a digital wallet that stores real money for Customers in the UAE. Careem Pay is also launching the UAE’s easiest way...

VIDEO: Leadership Series Interview with Saqib Khan, Regional Head of Backbase

In our latest Leadership Series Video, MEA Finance Magazine caught up with Saqib Khan, Regional Head of the Middle East for Backbase

DIFC-based Tarabut Gateway becomes the first regulated Open Banking platform in the UAE after DFSA grants licence

Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre...

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