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DIB posts strong H1 2026 results with gross revenue up 10% YoY to AED 12.4 billion and asset quality continuing to advance

Dubai Islamic Bank (DIB) has delivered a resilient performance for the first half of 2026, reporting gross revenue of AED 12.4 billion, up 10...

Nutanix Enterprise Cloud Index: AI adoption in financial services outpaces governance and infrastructure

Nutanix, a hybrid multicloud computing company announced the findings of its eighth annual Financial Sector Enterprise Cloud Index (ECI) report. The findings reveal that...

Mashreq delivers strong Q1 2026 performance with AED 3.4 billion operating income and robust balance sheet growth

Mashreq has reported a strong start to 2026, delivering AED 3.4 billion in operating income and AED 2.3 billion in net profit before tax...

DIB begins 2026 with strong revenue growth and AED 420 billion in assets

Dubai Islamic Bank (DIB) reported a strong start to 2026, delivering 13 percent year-on-year revenue growth with Q1 operating revenue reaching AED 3.5 billion,...

RAKBANK Q1 profit hits AED 1B, well positioned for growth

The National Bank of Ras Al Khaimah (RAKBANK) reported its financial results for the first quarter of 2026. Open for Business, delivering with consistency Across all...

Study: Only 11% of banks have cracked the code on trustworthy AI

In banking, trust isn't optional – it's everything. Yet, even as banks accelerate AI investment faster than other sectors, most are deploying AI without...

Middle East defies global M&A slowdown with 33% surge in 2025 deal volumes

Mergers and acquisitions activity in the Middle East accelerated sharply in 2025, outperforming a cautious global dealmaking environment marked by selective capital deployment and...

Al Ramz Sets a New Revenue Record, Reaching AED 159.4 Million in 2025, Marking a 60% Surge Year-on-Year

Al Ramz Corporation Investment & Development PJSC (DFM: ALRAMZ) delivered a record financial performance for the year ended 31 December 2025, achieving total revenues...

M&A activity in MENA region experienced strong growth in 2025 with 884 deals totaling US$106.1b

According to the EY MENA M&A Insights 2025 report, the MENA region recorded a robust 26% rise in merger and acquisition (M&A) activity with...

National Bank of Fujairah PJSC (NBF) – 2025 results

NBF is pleased to announce its results for the year ended 31 December 2025 in accordance with the approval received from the Central Bank...

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