In 2024, UAE Islamic banks grew 11.1 per cent compared to 9.2 per cent in the previous year for the overall banking system resulting in a slight increase in the market share of Islamic banks in ...

Abu Dhabi is positioning itself as a major hub for international asset managers and hedge funds, challenging Dubai’s ...

Dubai's index ended lower on Friday, with banking and industrial stocks driving losses as rising geopolitical tensions ...

It leveraged this separate digital-native platform to stay ahead of innovation with the introduction of novel features such ...

Two prominent UAE banks, Abu Dhabi Commercial Bank (ADCB) and RAKBANK, have received positive ratings updates from leading credit agencies, reflecting their strong financial positions and ...

The earnings growth momentum for UAE-listed banks will continue in 2025, supported by strong government support and healthy capital position amid expected monetary policy tightening, consultancy firm ...

Abu Dhabi sovereign fund Mubadala may sell its stake in du, the UAE’s second-largest telecom operator by subscribers, which if added to the free float would boost the stock’s chances of being included ...

Islamic banking is gaining currency in the UAE as Shariah-compliant financial institutions expand their product offerings to cater to a variety of clients. Industry executives say that the ethical ...