Category :Banking

Banking Companies Earnings GCC

ADCB Reports Net Income of $810 Million in Q2-2025

Global Business Magazine July 15, 2025

Beating the LSEG analysts’ expectations of $630 million, the Abu Dhabi Commercial Bank (ADCB) has reported a 10.8% y-o-y increase in net income to $710 Read More

Banking Coal Companies Funding World

Banks Funded $385 Billion to Coal Sector Since 2021

Global Business Magazine July 14, 2025

At COP26 held in Glasgow in 2021, 197 countries agreed to phase down coal and many of the world’s largest commercial banks made Read More

Banking Companies Crypto Digital Payments World

Australia’s 14 Firms to Participate in Digital Money Trials

Global Business Magazine July 10, 2025

Project Acacia, a joint initiative between the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), on Thursday Read More

World Banking Bonds Companies GCC Listings

Chinese Bank Lists Dual-Currency Bonds on Nasdaq Dubai

Global Business Magazine July 10, 2025

Reinforcing Dubai’s status as a strategic international hub for fixed income issuances and cross-border investments, China Development Bank (CDB) has issued Read More

Banking Companies Middle East

UAE and Israeli Banks’ Market Capitalisation Grow in Q2-25

Global Business Magazine July 9, 2025

Banks in the UAE and Israel have recorded the highest quarter-over-quarter increase in market capitalisation among peers in the Middle East and Read More

Banking GCC Loans World

DIB Arranges $1 Billion Financing for Pakistan

Global Business Magazine July 9, 2025

Dubai Islamic Bank (DIB), the world’s first Islamic bank and the largest in the UAE, on Wednesday announced the successful completion Read More

Business Companies Digital Payments Financial Services

ShopBack Gets MPI Licence from Monetary Authority of Singapore

Global Business Magazine July 8, 2025

ShopBack, Asia-Pacific’s leading shopping, rewards, and payments platform, on Tuesday announced that it has secured a Major Payment Institution (MPI) licence Read More

Banking Companies Earnings World

Profits of Korean Banks’ Foreign Branches Reach $1.61 Billion

Global Business Magazine July 7, 2025

The profits of the overseas branches of Korean domestic banks have registered double-digit growth for two consecutive years, surpassing 10% of total net Read More

Banking Companies Listings World

Nigeria’s GTCO Plans Second Listing on London Stock Exchange

Global Business Magazine July 4, 2025

Aiming to boost its potential for tapping international markets for additional capital and improving the accessibility of its shares to investors abroad, Read More

Banking Bonds Companies GCC World

EDB Issues $54.46 Million Private Placement Bond in UAE

Global Business Magazine July 4, 2025

The Kazakhstan headquartered supranational financial institution Eurasian Development Bank (EDB) has issued a $54.46 million AED denominated private placement bond in the UAE Read More