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Banking and Finance

Banking and Finance latest

ADGM Strengthens Position as MEASA’s Leading IFC With 57% Growth in AUM, over 13,000 Active Licences in Q1 2026
May 19th, 2026 - 03:58 GMT

ADGM Strengthens Position as MEASA’s Leading IFC With 57% Growth in AUM, over 13,000 Active Licences in Q1 2026

ADGM, the international financial centre of Abu Dhabi, has reported a strong start to 2026, underscored by continued expansion across its financial ecosystem and sustained global investor confidence. Surpassing a major milestone, with total active licences exceeding 13,353, of which 961 were in the first quarter of 2026 alone, ADGM has reinforced its position as the MEASA region’s largest financial centre by this metric. March 2026 also recorded a 5.2% increase in new active licences compared to March 2025, further demonstrating sustained demand and continued business confidence in ADGM. The ...
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Al Bawaba
October 26th, 2014 - 06:55 GMT

Doha Bank named Retail Bank of the Year at Enterprise Agility Awards

Arab Bank
October 26th, 2014 - 06:34 GMT

Arab Bank Group net profit grows by 10% to reach USD 614.2 million

Al Bawaba
October 26th, 2014 - 04:26 GMT

Mashreq launches Partners Forum

Conversions of conventional banks into Islamic ones are rare but not unprecedented.
October 23rd, 2014 - 04:41 GMT

A forced conversion? Top Saudi bank pledges to become fully Islamic after criticism from scholars

Jamal Bin Ghalaita, Chief Executive Officer of Emirates Islamic
October 23rd, 2014 - 10:51 GMT

Emirates Islamic Bank announces 83 per cent increase in nine months net profit

One-year dollar/Saudi riyal forwards jumped to 90.0 points, their highest level since a peak of 91.50 points hit in March 2011.
October 22nd, 2014 - 10:44 GMT

More peculiarity: Saudi riyal falls sharply against US dollar

Al Bawaba
October 22nd, 2014 - 08:56 GMT

Sharjah Islamic Bank announces a 33.5% rise in Net Profits to reach AED 295 million for the 3rd Quarter of 2014

Al Bawaba
October 21st, 2014 - 10:16 GMT

US-driven quest against money laundering: Standard Chartered to close thousands of UAE accounts

Al Bawaba
October 21st, 2014 - 08:06 GMT

NCB Capital: KSA telecom sector remains attractive due to high dividends

Al Bawaba
October 21st, 2014 - 05:02 GMT

IBQ sponsors The Ritz-Carlton Doha’s Pink Ribbon Zumbathon


Boeing forecasts that airlines in the Middle East will require 2,610 new airplanes over the next 20 years, worth an estimated $550 billion.
October 21st, 2014 - 03:55 GMT

Enjoying the ride: ME regional banks on plane orders 'funding' boom

On 31 January 2011, Moody’s downgraded the government bond rating for Egypt from BA2 to BA1, and changed the outlook from stable to negative
October 21st, 2014 - 03:55 GMT

Not so moody anymore? Moody's upgrades Egypt's rating to 'stable'

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