Banking & Finance

Emirates NBD’s Q1 2024 profit surges 67% to AED 6.7 billion

The group’s asset base surpassed AED 900 billion as retail lending had its strongest-ever quarter and corporate lending closed landmark deals

ADIB signs an agreement with Astra Tech

The deal makes ADIB the first bank to provide users across the UAE access to financial services on the Botim Ultra app

Dubai Islamic Bank Announces Group Financial Results for First Quarter of 2024

Dubai Islamic Bank announced its results for the period ending March 31, 2024. Q1 2024 Highlights: Net Profit (Pre-Tax) registered AED 1,850 million up 22%...

ADCB’s brand value surges to $2.7 billion in 2023

The bank is the only financial institution from the GCC region to be represented in this top 10 global list

UAE’s du unveils digital financial solution du Pay

The innovative digital financial solution is poised to play a pivotal role in enhancing financial inclusion, accessibility and security

Snowdrop, PwC Middle East partner to advance digital banking

Snowdrop’s transaction enrichment API is already gaining recognition in the Middle East region

Emirates Islamic concludes debut USD 500 million financing facility

Emirates Islamic announced the successful conclusion of its debut USD 500 million syndicated Financing Facility. The landmark three-year term financing facility is the first of...

QIB’s Q1 2024 net profit jumps 5.5% to QAR 955 million

Total income for the first three months of the year was QAR 2.81 billion compared to QAR 2.41 billion for the same period in 2023

ADIB refutes report of talks to buy $1.1 billion stake in Indonesian bank

The Islamic bank said that it strongly denies that it is in talks to acquire a minority stake in the Indonesian lender

Emirates NBD and partners announce second edition of ‘National Digital Talent Incubator’ program

Following the success of the first edition of its bespoke National Digital Talent Incubator (NDTI) program, has announced the second cohort of the program,...

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