Finance News

Middle East ROE is highest in the world

Banking is evolving in response to digital transformation and new players

Partner Content: Bringing generations of world-class financial advice to the UAE: Christo Arundel, St. James's Place

For Christo Arundel, Partner at financial advisory firm St. James's Place Middle East, delivering client-centric financial advice runs in the family.

Dubai Islamic Bank records nine month pre-tax profit of Dh6 billion

Lender posts strong growth in total income by 17% year on year to Dh17 billion

Fractional sukuk testing seeks to pave way for wider retail investment

Abu Dhabi Islamic Bank becomes the first UAE bank to safely test fractional sukuks

UAE banks' capital, reserves cross Dh500 billion for the first time

Banks' investments also hit at all-time high of Dh691.2 billion by the end of July, according to the Central Bank's statistics

Berkshire's cash soars to $325 billion

Buffett sells Apple, BofA; operating profit falls

Partner Content: 2024 U.S. election and its impact on financial markets, UAE, and the Middle East

The upcoming election outcome could reshape international trade,

Abu Dhabi Islamic Bank net profit after tax rises 24%

Revenue for the first nine months of 2024 improved by 19% to Dh8.0 billion

National Bank of Fujairah posts a strong 39.3% net profit before tax growth to Dh715 million in the first nine months of 2024

Net profit after tax of Dh650.4 million generated through healthy balance sheet growth of 13.2%

CBI’s net profit before tax of Dh278.5 million, up 90% for Q3

For the nine-month period ending 30 September 2024, CBI delivered a robust 27 per cent year-on-year growth