Delivered fifth consecutive year of net profitability. Profit before tax up 57% to $2.3bn (£1.7bn) with a PBT margin of 38%, up from 35% in 2024. Group revenues rose 46% to $6.0bn (£4.5bn), up from $4.0bn (£3.1bn) in 2024, with strong growth across all revenue streams. 11 different product lines each exceeded c.$135m (£100m) in […]
Muscat, Oman – Dynatrace (NYSE: DT), the leading AI-powered observability platform, today announced that Bank Muscat, the Sultanate of Oman’s largest bank by market share, has deployed the Dynatrace® platform to build the country’s first enterprise Command Center in the banking sector, that will strengthen operational resilience and accelerate incident response across critical digital banking services. […]
Dubai, UAE: Investors in today’s fast-moving markets face rigid wealth management models, limited access to tactical strategies, and a lack of transparency. These are barriers that often prevent them from capturing opportunities or preserving capital effectively. Elevate Financial Services LLC has launched in the UAE to help overcome these challenges, offering an unconventional, liquidity-focused approach designed […]
Dubai, United Arab Emirates, 23 March 2026: BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, announced strong financial results for the year ended 31 December 2025, further strengthening its position as a key player in the regional financial services sector. The company recorded solid growth across multiple financial and […]
Muscat: National Finance, the Sultanate of Oman’s leading finance company, closed the fourth quarter of 2025 on a strong note, further reinforcing its position as a key pillar within the nation’s financial services sector. The company’s robust performance reflects the sustained resilience of its financing portfolio, supported by a clear strategic focus on delivering customer-centric solutions […]
ABU DHABI – The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged. The CBUAE has also decided to maintain the […]
In support of Stripe and Tempo’s Machine Payments Protocol, Visa enables card-based payments for trusted autonomous agent payments. AI agents aren’t just answering questions. They’re executing tasks, coordinating services, consuming APIs, purchasing compute and completing automated B2B workflows – including micropayments for API calls, cloud resources and machine-to-machine services from the command line. As agents become more capable, the payments infrastructure supporting […]
Sharjah, UAE – Bank of Sharjah today announced its financial results for the year ended 31 December 2025, reporting exceptional performance and reinforcing the strong momentum achieved following the Bank’s successful turnaround in 2024. The Bank recorded net profit of AED 729 million, up 89% from AED 385 million in 2024, while profit before tax increased […]
ABU DHABI: Chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), the Board held its second meeting of the year today. The Board noted that the UAE’s financial system […]
More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio’s robust balance sheet, impressive profitability, and […]