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UAE banks’ earnings flat in 2Q as impairments surge
Impairments jumped 81% q-o-q to AED 2.9 bn, wiping out gains from a 5.5% rise in net loans and advances
Adib Capital launches fund to invest in sharia-compliant trade transactions
Its investments will be managed by Goldman Sachs Alternatives, targeting a diversified portfolio of prospects
UAE banks are outperforming their peers this year -CI Capital
CI Capital upgraded the target prices across the UAE banks it covers, reflecting their strong performances in 1H 2025
India’s GHV Infra to develop Rakez smart manufacturing hub
Plus: Hoxton Wealth buys Malaysian firm Infinity
FAB, ADIB, NMDC Energy, and CBD earnings are in
FAB beat analyst estimates with AED 5.5 bn in net income in 2Q 2025
Earnings season is coming, and the outlook is positive for UAE banks
Loan growth is expected to increase by 2.8% q-o-q in the UAE
Flydubai breaks ground on USD 190 mn MRO hub in Dubai South
Plus: Abu Dhabi’s Knowledge Group acquires corporate training firm Biz Group
UAE’s 10 largest banks see combined net income rise 8.4% q-o-q to AED 22.2 bn in 1Q
Growth was supported by a 59.3% q-o-q reduction in impairment charges and an 18% quarterly rise in net fee and…
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