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Category :Banking

Emirates NBD’s Profits Surge 67% in Q1 of 2024

Global Business Magazine April 26, 2024

The profits of Dubai-headquartered lender Emirates NBD surged 67% to a record $1.82 billion in the first quarter of 2024 compared with the previous quarter Read More

Banking Featured News Regional

Dubai Islamic Banks Report Net profit of $500 million

Global Business Magazine April 25, 2024

Higher total income coupled with lower impairment charges helped Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, to post Read More

Islamic Bank Business Featured News Regional

Dubai’s Next Generation of FoBs Want to Expand into New

Global Business Magazine April 23, 2024

Expanding into new sectors and markets ranked first on the list of priorities for Dubai’s next generation of the members of Read More

Banking Featured News Regional

Saudi Banks’ Performance to Compensate for Declining Profits in Other

Global Business Magazine April 16, 2024

Saudi Arabia’s AlJazira Capital, which offers full range of modern investment products and services to the investors, said that a strong Read More

Banking Featured News Regional

HSBC Launches $1 Billion ASEAN Fund

Global Business Magazine April 1, 2024

The Hong Kong and Shanghai Banking Corporation (HSBC) has announced a $1 billion ASEAN Growth Fund in six of the fastest growth countries Read More

Banking Energy Featured News Regional

TAQA and JERA Ink Pact to Develop Industrial Steam and

Global Business Magazine March 29, 2024

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in Europe, the Middle East and Africa together Read More

Banking Featured News Regional

Saudi’s Top 10 Banks Performed Robust and Positively in 2023

Global Business Magazine March 19, 2024

The performance of top 10 listed banks in Saudi Arabia remained largely robust and positive as the operating income grew by 9.5% reflecting the Read More