UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units
  • Today's environment calls for continuous reassessment rather than periodic review. Institutions need to challenge assumptions, stress-test portfolios against multiple scenarios,...

    KPMG urges GCC financial institutions to strengthen credit resilience through scenario analysis, governance and dynamic portfolio monitoring amid uncertainty.

    Analysis identifies retail, corporate and commercial real estate portfolios as key pressure points under prolonged geopolitical and economic disruption.

  • Dubai, UAE -- Emirates NBD Egypt S.A.E., a 100 percent owned subsidiary of Emirates NBD Bank has entered into definitive...

    Emirates NBD Egypt will acquire HSBC Egypt’s retail banking portfolio along with the associated branch and ATM network, customer base and relevant employee base.

    The transaction is expected to enhance Emirates NBD Egypt's market positioning as a leading retail and premium banking franchise in Egypt.

  • Dubai, UAE -- Aldar said it generated AED1.5 billion ($408 million) in sales from the launch of The Canopies, the...

    First-time Aldar buyers accounted for 84 percent of customers, with UAE nationals representing 40 percent of total sales.

    Expatriate residents and overseas buyers contributed 60 percent of sales, while 47 percent of buyers were under 45.

  • Dubai, UAE -- Dubai Financial Market (DFM) reported a net profit before tax of AED443.2 million ($121 million) for the...

    Average daily traded value climbed 45.1 percent to AED1.004 billion as average daily trades increased 35.4 percent year-on-year.

    DFM attracted 42,864 new investors, with international investors representing 71.4 percent of registrations and foreign trading reaching 51 percent.

  • Expansion drives earnings, revenue growth.

    Group completed TAQA stake sale and acquired Traverse Midstream Partners, expanding North American energy infrastructure footprint.

    Investments in Tendam, ISEM Packaging and WHOOP supported growth as shares gained wider market visibility through ADX derivatives listing.

  • Prices, recovery boost quarterly earnings

    Borouge restored full production availability ahead of schedule after April Ruwais incident, maintaining customer deliveries through alternative logistics routes.

    Company maintained annual dividend intention as Borouge 4 expansion and Borouge International integration advanced despite regional disruptions.

  • The H1 net profit hits $1.63 billion.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) reached AED17.7 billion, up 13.1 percent year-on-year.

    The Group also completed the sale of 12.5 percent of its 50.03 percent stake in Careem Technologies to Uber for a total consideration of AED367 million.

  • Revenue, occupancy drive earnings higher

    Occupancy reached 97 percent as demand for Grade-A offices, industrial assets and land leases supported higher rental income.

    Board approved AED440 million interim dividend while funds from operations climbed 12 percent on diversified revenue streams.

  • Growth triggered by higher earnings, stron cash flow

    Aircraft lessor expanded fleet investments through new co-investment platforms targeting approximately $15 billion in aircraft assets over five years.

    Revenue increased alongside strong operating cash flow as DAE completed acquisitions, aircraft sales and more than 100 lease agreements.

  • A BCG report says rooftop solar and decentralized renewable systems can lower electricity costs, reduce emissions and help developers meet...

    Study says early renewable integration avoids costly retrofits while improving long-term project returns through flexible financing options.

    Report highlights Saudi regulatory reforms and strong solar resources as key drivers accelerating renewable adoption across urban developments.