Abu Dhabi Islamic Bank posts 89% surge in H1 2021 net profit
Abu Dhabi Islamic Bank (ADIB) posted a net net profit of 1.1 billion for the first half of 2021, up
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Commercial Bank of Dubai’s H1 profit up 27.5 per cent year on year
Improved operating performance coupled with lower expected credit losses have supported CBD’s net profit growth. Image Credit: supplied Dubai: Commercial
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Dubai Islamic Bank posts H1 net profit of Dh1.86 billion
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE reported a net profit of Dh1.86 billion for the
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Global economy will stick to 6% growth this year, says IMF in new outlook
The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, US, April
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UAE’s RAKBank has its best quarter since COVID-19 struck, with net profit of Dh192m for Q2-21
RAKBank has sighted a turnaround based on its second quarter numbers. There was solid growth in fees, but interest income
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UAE delegation visits Saudi Arabia to strengthen anti-money laundering efforts
A UAE official delegation headed by Ahmed Ali Al Sayegh, Minister of State, and Khaled Mohammed Balama, Governor of the
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China sanctions former US Commerce Secretary Wilbur Ross after Hong Kong warning
China has sanctioned seven people and entities, including former US Commerce Secretary Wilbur Ross, in retaliation for a Biden administration
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National Bank of Fujairah’s H1 profit up 17.1 per cent
National Bank of Fujairah (NBF) posted a net profit of Dh76.2 million for the first half of 2021, up 17.1
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Indian rupee expected to weaken further in the week ahead
Indians in the UAE planning to send money home can expect exchange rates of UAE dirham against rupee turning in
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Licencing regime introduced for UAE’s retail payments service providers
The Central Bank of the UAE (CBUAE) on Saturday unveiled the Retail Payment Services and Card Schemes Regulation. Image Credit:
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