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3Q earnings roundup: ADCB, DIB, Rakbank, Bank of Sharjah and du
Rakbank and ADCB’s lending income barely moved in 3Q, Bank of Sharjah bucked the trend, and du’s capex ramps up…
3Q results from Emirates NBD, Emirates Islamic, DIB, CBD
Emirates NBD posts flat 3Q earnings despite stronger income and lending Emirates NBD’s net income held flat q-o-q at AED…
DIB gets a new chairman and Modon’s MD steps back
Dubai Islamic Bank tapped Fadhel Abdulbaqi Al Ali as chairman
Dubai Islamic Bank opens new funding channel with first-ever syndicated Islamic facility
It’s the lender’s second debt market outing this year — and its first time in the syndicated loan market
CBUAE gives green light to Checkout.com and Yalla Financial Solutions + DIB launches Jaywan card
Checkout.com secured a stored value facilities license, while Yalla received in-principle approval for a retail payments service Category II license
Dubai Islamic Bank’s profit barely moved in 2Q — even as revenue jumped 5%
Impairment charges nearly doubled as the war left its mark on the balance sheet
THIS MORNING: DP World eyes a return to the US + Dubai Islamic Bank taps debt markets again
Plus: Int’l neobank Revolut has cleared the last formal hurdle before a UAE customer launch
THIS MORNING: DIB tests appetite for Gulf debt + Middle Eastern airlines could be staring down a collective loss for this year
Plus: ADX and DFM-listed firms brought in USD 17.4 bn in 1Q
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