Banking & Insurance

Banking & Insurance, Economy, UAE
UAE Economy Grows by 3.9% in 2024, Supported by Strong Oil and Non-Oil Sectors

UAE Economy Grows by 3.9% in 2024, Supported by Strong Oil and Non-Oil Sectors The UAE's economy grew by 3.9% in 2024,…

Banking & Insurance, Oman
Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company

Sohar Bank in Oman Plans to Explore Merger with Ahli Bank, Could Create a $29 Billion Company Sohar International Bank in Oman…

Banking & Insurance, Egypt
EFG Holding’s Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits

EFG Holding's Bank NXT made $35 million in profit in 2024, a 54% increase, thanks to more loans and deposits Bank NXT,…

Banking & Insurance, Dubai
Dubai’s Emirates Islamic Bank Says Its $750 Million Sukuk Got 2.1 Times More Orders Than Offered

Dubai’s Emirates Islamic Bank Says Its $750 Million Sukuk Got 2.1 Times More Orders Than Offered Emirates Islamic sold $750 million worth…

Banking & Insurance, Finance, UAE
UAE Banks Report Strong Growth Amid Rising Interest Rates

UAE Banks Report Strong Growth Amid Rising Interest Rates The banking sector in the United Arab Emirates (UAE) is experiencing strong growth,…

Banking & Insurance, UAE
UAE Banks’ Total Assets Reach $1.24 Trillion In December 2024, Says CBUAE

UAE Banks' Total Assets Reach $1.24 Trillion In December 2024, Says CBUAE The total assets of UAE banks, including bankers' acceptances, grew…

Banking & Insurance, Finance, Gulf News
Emirates Islamic Bank Agrees to Sell Its Remaining Shares to Emirates NBD

Emirates Islamic Bank Agrees to Sell Its Remaining Shares to Emirates NBD Emirates Islamic Bank (EIB) has agreed to sell its remaining…

Banking & Insurance, Finance, UAE
UAE banks saw a 12.6% increase in lending in 2024 and are expected to keep growing in 2025, according to a report

UAE banks saw a 12.6% increase in lending in 2024 and are expected to keep growing in 2025, according to a report…

Banking & Insurance, Economy, UAE
ADNOC Distribution’s yearly profit drops 7% to $659 million

ADNOC Distribution's yearly profit drops 7% to $659 million ADNOC Distribution, a fuel and convenience store company in the UAE, reported a…