Tuesday, May 6, 2025

Gulf banks

Strong performance of Gulf banks in the first quarter of 2024

The performance of Gulf banks in the first quarter of 2024 shows resilience and strength in the face of economic challenges, with expectations of continued growth in the future. The results of the first quarter of 2024 showed a remarkable...

UAE Banks Lead Regional Revenue Surge as Digitalization Slashes Branch Costs Across Gulf

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE bank branches is the highest in the region at US$18.6 million per branch for retail...

Latest News

Sheikh Mohammed announces AI as mandatory subject in UAE schools

Dubai: The UAE Cabinet has approved the final curriculum to introduce Artificial Intelligence (AI) as a subject across all...

UAE lifts Lebanon travel ban, allows citizens from May 7

Abu Dhabi: The UAE will lift its travel ban on Lebanon, allowing Emirati citizens to visit the country starting May 7, 2025, the Ministry...

UAE weather: Slight temperature drop and dusty conditions expected

Dubai: Residents can expect clear to partly cloudy skies today, with a slight, gradual decrease in temperatures, especially along the coastal areas, according to...

Saudi Arabia’s Public Investment Fund issues 7-year dollar-denominated sukuk

Saudi Arabia's Public Investment Fund is heading to the international bond market for the second time this year. It started Saudi Public Investment Fund PIF...

MoHRE clarifies refund rules for domestic worker recruitment fees

Abu Dhabi: The Ministry of Human Resources and Emiratisation (MoHRE) has outlined the specific conditions under which domestic worker recruitment offices in the UAE...