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Category :Banks

Maybank’s Net Profit Increase 4% in Q1-2025

Global Business Magazine May 26, 2025

Underpinned by stable net interest margins and better asset quality as well as disciplined cost management, Malayan Banking Bhd (Maybank) on Monday Read More

Banks Business Companies World

RBI Clears Emirates NBD’s Subsidiary Plan in India

Global Business Magazine May 20, 2025

Emirates NBD Bank, the second largest lender in Dubai, on Tuesday said that it has received an in-principle approval from Reserve Bank Read More

Banks Business Companies Earnings Regional

UAE’s Two Major Banks Report Record Profits in Q1-2025

Global Business Magazine April 29, 2025

In confirmation of the UAE’s robust economic fundamentals, two major banks in the UAE- First Abu Dhabi Bank (FAB) and Abu Read More

Banks Business Companies Earnings Regional

UAB Reports Net Profit of $27.77 Million in Q1

Global Business Magazine April 28, 2025

The United Arab Bank (UAB) on Monday said that its net profit during Q1-2025 stood at $27.77 million compared with $18.51 million for Read More

Banks Business Companies Regional Sukuk

Ajman Bank’s Sukuk Attracts Demand from Global Investors

Global Business Magazine April 25, 2025

Ajman Bank, the first Islamic Bank incorporated and headquartered in the Emirate of Ajman, on Friday successfully priced a $500 million 5-year Sukuk Read More

Banks Business Companies Earnings Regional

UAE Banking Sector Reports Strong Growth in 2024

Global Business Magazine April 25, 2025

Director-General of H H The Ruler’s Court of Dubai and Chairman of Dubai Islamic Bank (DIB) Mohammed Ibrahim Al Shaibani said Read More

Banks Business Companies Earnings Regional

ADIB Posts $520 Million Profit Before Tax in Q1-25

Global Business Magazine April 23, 2025

In a record breaking start to 2025, Abu Dhabi Islamic Bank (ADIB) on Wednesday said that the net profit before tax increased by 18% Read More

Banks Business Companies Earnings Regional

Emirates NBD Post $2.12 Billion Profit Before Tax

Global Business Magazine April 22, 2025

Emirates NBD, one of the biggest banks in the Emirate of Dubai, on Tuesday said that its profit before tax rose 56% to $2.12 Read More

Banks Business Companies Mergers and Acquisitions World

Nomura Buys Macquarie’s US and Europe Investment Business

Global Business Magazine April 22, 2025

Japanese investment bank Nomura on Tuesday said that it will acquire Australian multinational investment banking and financial services group Macquarie Group’s Read More

Banks assets Business Companies Earnings Regional

Invest Bank’s Assets Reach $2.94 Billion by 2024

Global Business Magazine April 21, 2025

After implementing the capital restructuring plan in 2023 and navigating challenges by remaining prudent, diligent and proactive last year, the Sharjah-based Invest Bank Read More