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- 60,600 businesses operating in UAE free zones
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- Over AED 7 billion worth of total deals signed on second day of IDEX and NAVDEX 2021
- NIMR Signs Strategic Teaming Agreement with Saudi Arabian Military Industries (SAMI)
- Hausfeld & Co LLP: Competition Appeal Tribunal to Hear Two Applications to Bring Collective Proceedings in Respect of Foreign Exchange Spot Trading Cartels
- SES Government Solutions Provides High-throughput Loopback Services to U.S. Department of Defense
- Pearl Initiative Appoints New Executive Director
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- HALCON Unveils First Anti-Ship Cruise Missile at IDEX 2021
- 16th annual MIPS 2021 event to be free of charge
- 500 Startups Announces Partnership with Sanabil Investments
- Exclusive Partnership Between Kaplan and ConnecME Marks a New Era of Educational Solutions in the Middle East
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islamic finance
Sharjah Islamic Bank proposes 8 percent of cash dividends for shareholders
February 21, 2021
SHARJAH, 20th February, 2021 (WAM) -- Sharjah Islamic Bank agreed to distribute 8 percent in cash dividends to shareholders, after the bank achieved......
Continue Reading >UAE's top Islamic banks saw impairment losses widening in 2020
February 17, 2021
Leading Islamic banks in the UAE, Dubai Investment Bank (DIB) and Emirates Islamic Bank (EIB) posted increasing impairment losses in the financial......
Continue Reading >ADIB reports AED1.6 billion in net profit for 2020
February 15, 2021
Abu Dhabi, 14th February, 2021 (WAM) -- Abu Dhabi Islamic Bank (ADIB), delivered strong recovery of 73% growth in net profit in H2 2020 compared......
Continue Reading >SALAMA’s preliminary 2020 net profit doubles to AED136.13 million
February 15, 2021
DUBAI, 14th February, 2021 (WAM) -- Islamic Arab Insurance Company, listed as 'SALAMA' on DFM, reported significant growth in net profit......
Continue Reading >Sharjah Islamic Bank achieves net profit of AED405.8 mln for 2020, propose 8% cash dividend
January 21, 2021
SHARJAH, 20th January, 2021 (WAM) -- Sharjah Islamic Bank has reported an increase in its operating profits before provisions by 8.7 percent, amounting......
Continue Reading >ADIB launches new one-year healthcare equities note for investors in 2021
January 20, 2021
ABU DHABI, 19th January, 2021 (WAM) -- Abu Dhabi Islamic Bank (ADIB) has launched a new healthcare-focused equities basket note. The structured note......
Continue Reading >Global sukuk issuance to rise to $140-$155bln in 2021: S&P Global
January 13, 2021
The global sukuk market should continue to enjoy record-low interest rates and abundant liquidity throughout 2021 and beyond, S&P Global Ratings......
Continue Reading >Mashreq may move jobs to India, Egypt or Pakistan to save costs
January 7, 2021
Mashreq Bank plans to move nearly half of its employees to more cost-friendly locations and allow others to work from home as part of a dramatic......
Continue Reading >Noor Takaful and Algofy.ai tie up to roll out digital savings platform
December 23, 2020
Islamic insurance company Noor Takaful tied up with Abu Dhabi Global Market-based technology start-up Algofy.ai to roll out a digital savings plan.......
Continue Reading >ADIB Securities reports strong US share trading amid market volatility
November 30, 2020
ABU DHABI, 29th November, 2020 (WAM) -- ADIB Securities, a Sharia compliant brokerage firm in the UAE and a wholly-owned subsidiary of Abu Dhabi......
Continue Reading >Top News
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