Dubai’s Emirates Islamic Bank Says Its $750 Million Sukuk Got 2.1 Times More Orders Than Offered Emirates Islamic sold $750 million worth…
UAE Banks Report Strong Growth Amid Rising Interest Rates The banking sector in the United Arab Emirates (UAE) is experiencing strong growth,…
UAE Banks' Total Assets Reach $1.24 Trillion In December 2024, Says CBUAE The total assets of UAE banks, including bankers' acceptances, grew…
Emirates Islamic Bank Agrees to Sell Its Remaining Shares to Emirates NBD Emirates Islamic Bank (EIB) has agreed to sell its remaining…
UAE banks saw a 12.6% increase in lending in 2024 and are expected to keep growing in 2025, according to a report…
ADNOC Distribution's yearly profit drops 7% to $659 million ADNOC Distribution, a fuel and convenience store company in the UAE, reported a…
UAE's debt market is strong and may reach $400 billion in a few years: Fitch The UAE's debt market is expected to…
Bahrain’s Al Salam Bank made a $156 million profit in 2024 due to strong banking operations Bahrain’s Al Salam Bank made a…
Ahli United Bank of Bahrain leaves Ahli Bank Oman, sells its entire 35% stake to Omani investors Ahli United Bank of Bahrain,…
For June, 2024