Finance Archives - Page 2 of 5

Saudi banks gave out $100 billion in new loans in 2024, but the risks are still under control, says S&P In 2024,…

First Abu Dhabi Bank’s profit for the first quarter of 2025 goes up 23% to $1.4 billion thanks to strong global growth…

Multiply Group in Abu Dhabi Grows Revenue by 50% in Q1, Reaching $159 Million Multiply Group, based in Abu Dhabi, said its…

GCC Banks Can Handle Possible Risks from a Growing Trade War: S&P Global Banks in the Gulf Cooperation Council (GCC) are in…

Egypt Will Offer $2 Billion in Islamic Bonds This Year, Says Finance Ministry Egypt is running low on foreign currency and plans…

Emaar Development shareholders agree to pay a $740 million dividend in 2024 Emaar Development's shareholders agreed on Thursday to give out $740…

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

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…