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Category :Banks

Saudi Banks’ Net Profit Grew 18% Y-o-Y in H1

Global Business Magazine August 20, 2025

Led by strong performances from retail banks such as Al Rajhi and Saudi National Bank (SNB), Saudi Arabia’s banking sector’s Read More

Banks Business Companies World

China Hits Back at Europe, Sanctions two EU Banks

Global Business Magazine August 13, 2025

Irked at EU’s decision to list two Chinese banks for their links to Russia, China's Ministry of Commerce (MOFCOM) on Wednesday Read More

Banks Business Companies Earnings GCC

Dubai Islamic Bank Posts Revenue of $1.74 Billion

Global Business Magazine August 7, 2025

Dubai Islamic Bank (DIB) has showcased another robust performance in the first half of 2025, with an operating revenue of $1.74 billion, driving a 16% Read More

Business Banks Companies Earnings GCC

Saudi Banks Put Up Impressive Performance in Q2

Global Business Magazine August 4, 2025

Supported by a resilient financial sector, Saudi Arabia’s trop 10 listed banks have achieved record-breaking quarterly earnings reporting their highest-ever profits during Read More

Earnings Banking Banks Companies GCC

Ajman Bank Reports Profit Before Tax of $72.42 Million

Global Business Magazine July 23, 2025

Ajman Bank announced a profit before tax of $72.42 million for the first half of 2025, a 14% increase compared to the same period in 2024, Read More

Banks Business Companies Loans World

Iberdrola Signs $2.91 Billion Credit Line with 32 Banks

Global Business Magazine July 17, 2025

Global renewable energy leader Iberdrola with headquarters in Spain has signed a $2.91 billion credit line, as it continued to strengthen its liquidity Read More

Banks Business closure Companies fraud World

Another US Bank Ordered to Shut Down This Year

Global Business Magazine July 1, 2025

The nightmare of bank failures returned to the US, this time in Texas where the Santa Anna National Bank of Santa Anna Read More

Banks Economy GCC GDP

CBUAE Revises Down Growth Forecast for UAE for 2025

Global Business Magazine June 30, 2025

The Central Bank of the UAE (CBUAE) said that the GCC region’s economic growth is forecast to significantly accelerate from an Read More

Banks Economy Trade World

Trade Tensions and Uncertainty Cloud Global Economy

Global Business Magazine June 30, 2025

Trade tensions and heightened uncertainty cloud the outlook for growth and inflation and risk exposing deeper fault lines in the global economy Read More

Banks GCC Wealth World

UAE Add 13,000 New Millionaires in 2024

Global Business Magazine June 19, 2025

The UAE has approximately added 13,000 new millionaires in 2024, bringing the total number of high-net-worth individuals in the country to 240,343, according to the Read More