Abu Dhabi, United Arab Emirates, February 2, 2026: BlueFive Capital, a global investment firm, today announced that it concluded closing its Onyx Fund I. The $3 billion fund is registered with the Abu Dhabi Global Market (ADGM) and targets opportunistic technology and growth capital investments in the US and Europe. The fund will target businesses at […]
Arab Bank Group achieved strong financial performance for the year ending December 31, 2025, with a net profit after tax USD 1130 million compared to USD 1007 million in 2024, reflecting a growth of 12%. The Group’s equity position also reflects financial stability and resilience, standing at USD 13.2 billion at year-end. The impressive results were driven by […]
Abu Dhabi: In alignment with the UAE Digital Economy Strategy and the Central Bank of the UAE (CBUAE)’s commitment to advancing a secure, inclusive, and innovation-driven national payments ecosystem, the CBUAE, through its Sandbox Programme and Innovation Hub at the Emirates Institute of Finance (EIF), in collaboration with Network International, a leading fintech across the Middle East […]
Ahmad Mohammad Al-Bahar: Gulf Bank continued to strengthen its position in Kuwait’s banking sector, underpinned by a competitive business model and robust governance. Kuwait’s economic landscape showed signs of improvement, supported by fiscal reforms and renewed development activity. Our financial performance reflects our balanced approach to meaningful growth, while maintaining a high-quality loan portfolio. Gulf […]
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the full year and the fourth quarter of 2025. 50 years of sustainable growth – all-time high profitability… FY’25 performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 65%, and a […]
Abu Dhabi – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today announced its financial results for the year ended 31 December 2025, delivering strong growth and record profit. Recommended cash dividend of AED 0.63 per share for 2025, representing a total payout of AED 4.985 bn and equivalent to 44% of net profit. Key financial […]
Total assets increased 16% yoy to AED 1.40 trillion RoTE at 19.2% remaining firmly above medium-term guidance The Board recommends a cash dividend of 80 fils per share for FY’25, subject to shareholders’ approval Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions today […]
Abu Dhabi, UAE: Abu Dhabi Islamic Bank PJSC (ADIB), a leading Islamic financial institution, has expanded its long-standing partnership with Etihad Guest, the award-winning loyalty programme of Etihad Airways. Together with global digital payments leader Visa, ADIB has launched the new premium Etihad Guest Visa Infinite Covered Card offering exclusive rewards and benefits tailored for today’s […]
Dubai, United Arab Emirates: Dubai Insurance has announced the launch of the first digital wallet for crypto assets in the UAE insurance sector, developed in partnership with Zodia Custody. The new digital wallet enables secure, transparent receipt of premiums and payment of insurance claims in digital assets, marking a major milestone in the sector’s digital transformation […]
Sharkas said the Academy is designed to function as a specialised national platform that fosters an environment conducive to innovation. AMMAN — The Institute of Banking Studies (IBS) officially inaugurated the headquarters of the Jordan Fintech Academy and its Fintech Lab on Sunday, marking a milestone in the execution of the Kingdom’s Economic Modernization Vision […]