Ajman Bank reported a profit before tax of AED 414 million, an increase of 32% compared to the same period last year. H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Board of Ajman Bank, chaired the Bank’s Board of Directors meeting to review the financial results for the […]
Dubai, UAE – Finshape, a leading company specializing in digital banking solutions, has announced a strategic partnership with DIB, the world’s first Islamic bank and the largest in the UAE. With this collaboration, DIB aims to elevate its digital capabilities and strengthen customer engagement, setting new benchmarks for the future of fully Shariah-compliant digital banking. A […]
Ras Al Khaimah, United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today reported its financial results for the nine months of 2025 Record breaking growth in profitability continues… YTD performance supported by net interest margin of 4.3%, an industry leading CASA ratio of 66%, and a 32% YoY growth in non-interest income driven […]
Dubai, UAE – White Rock Investment Partners, the global investment firm founded by entrepreneur and investor Chase Ergen, today announced the opening of its new office in the United Arab Emirates. This marks a significant step in the firm’s mission to bridge capital, innovation, and strategic collaboration between the United States and the Middle East. The UAE […]
Sharjah, UAE – Bank of Sharjah announced its financial results for the nine-month period ended 30 September 2025, reporting a net profit of AED 435 million, a 47% increase compared to AED 296 million for the same period last year. On a quarterly basis, net profit rose to AED 166 million in Q3 2025, a 33% […]
Emirates NBD delivered AED 36.7 billion income for the first nine months of 2025 as the Group continues strong growth momentum in both interest income and non-funded income across all countries, segments, and products. Operating profit increased by 10% yoy, fuelled by outstanding loan growth more than offsetting the impact of interest rate cuts. Profit […]
Amazon Now delivers essentials in 15 minutes across UAE neighborhoods via micro fulfillment centers. Prime members get free Amazon Now delivery on orders above AED 25. New 2-hour delivery service covers thousands of products from over 30 categories on Amazon.ae. Amazon today announced the expansion of its fastest delivery service to date, Amazon Now, delivering […]
Abu Dhabi, UAE: Numou, a subsidiary of ADGM, the international financial centre of Abu Dhabi, has announced the launch of Procurement Financing, a flagship initiative that enables SMEs with government or corporate contracts to seamlessly access funding. The new solution links guaranteed contract demand with accessible financing, bridging government procurement opportunities with lender support via Numou’s […]
Profit before tax rose by 11.3% year-on-year, reaching KD 592.5 million Al-Bahar: We have maintained balanced growth across our banking segments, driven by a resilient operating strategy NBK continues to reinforce its leadership amid a challenging global economic landscape The Shuwaikh Beach Project further strengthens the Bank’s standing as a leading force in social responsibility […]
Net profit up 21% yoy to AED 5.39 billion in Q3’25 Total assets up 14% ytd to AED 1.38 trillion RoTE at 20% is firmly above medium-term guidance Abu Dhabi: First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions today announced a record Group net profit […]