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Banking and Finance

Banking and Finance latest

Emirati Stocks Dominate 2025 With Record Returns
December 4th, 2025 - 05:16 GMT

Emirati Stocks Dominate 2025 With Record Returns

As the UAE celebrates its National Day, it is an opportune moment to recognise the companies that have played a pivotal role in driving the country’s financial markets forward throughout the year. Emirati and UAE-listed stocks have continued to attract rising levels of foreign investment, underpinned by the nation’s rapid economic growth, ambitious long-term innovation strategy, and its reputation as a safe haven amid global market volatility. “One of the defining features of the UAE market this year has been the strength and resilience of local champions across key sectors ...
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Crypto market sees massive losses, over $188B wiped out
February 3rd, 2025 - 06:45 GMT
Reema Tuqan

Crypto market sees massive losses, over $188B wiped out

Fuad Mohamed appointed as new CEO of Arab Bank for Investment and Foreign Trade (Al Masraf)
February 2nd, 2025 - 10:57 GMT

Fuad Mohamed appointed as new CEO of Arab Bank for Investment and Foreign Trade (Al Masraf)

NBB Concludes its 2024 Digital Banking Challenge
February 2nd, 2025 - 10:52 GMT

NBB Concludes its 2024 Digital Banking Challenge

Arab Bank Group achieves record net profit of USD 1 Billion for 2024, 40% cash dividends
February 2nd, 2025 - 10:46 GMT

Arab Bank Group achieves record net profit of USD 1 Billion for 2024, 40% cash dividends

Kanye West
February 2nd, 2025 - 07:21 GMT
Khaled S.

Is Kanye West dropping a new cryptocurrency? $YE rumors swarm the internet

SoftBank will fund OpenAI with $40B
January 31st, 2025 - 09:05 GMT
Reema Tuqan

SoftBank will fund OpenAI with $40B

Burgan Bank Renews its Longstanding Strategic Partnership with Visa
January 30th, 2025 - 07:03 GMT

Burgan Bank Renews its Longstanding Strategic Partnership with Visa

ADCB reports profit before tax of AED 10.585 bn in FY’24
January 28th, 2025 - 07:44 GMT

ADCB reports profit before tax of AED 10.585 bn in FY’24

KPMG’s globally aggregated revenue rises 5.1% to surpass US$ 38.4b mark; regional growth robust as aggregated revenue in the MESAC region increases by 19.1% (in local currency)
January 27th, 2025 - 07:38 GMT

KPMG’s globally aggregated revenue rises 5.1% to surpass US$ 38.4b mark; regional growth robust as aggregated revenue in the MESAC region increases by 19.1% (in local currency)

RAKBANK triples its profit in 3 years, crossing AED 2B profit before tax for the first time in its history
January 23rd, 2025 - 01:45 GMT

RAKBANK triples its profit in 3 years, crossing AED 2B profit before tax for the first time in its history

Kuwait welcomes the return of KIB | The Stadium
January 23rd, 2025 - 01:29 GMT

Kuwait welcomes the return of KIB | The Stadium

Saudi Arabia to invest $600B in partnership with the US
January 23rd, 2025 - 09:48 GMT
Reema Tuqan

Saudi Arabia to invest $600B in partnership with the US

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