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Mashreq, Emirates NBD, ADCB, and United Arab Bank post solid 1Q earnings
The banks continue to post robust earnings, following a record-breaking year for Emirati banks’ bottom lines
Siemens Mobility and Hassan Allam Construction snag UAE-Oman rail link contract
PLUS: Dubai’s TVM Capital Healthcare invests USD 17 mn in German mental health provider Neurocare Group AG
Commercial Bank of Dubai, ADIB, and Palm Sports report 1Q results
We have a (small) handful of earnings this morning, including the Commercial Bank of Dubai, Abu Dhabi Islamic Bank, and…
Open finance gets some love from the CBUAE
PLUS: Bangkok’s Absolute Hotel Services Group will sign and operate AHS-branded properties in the region
Dubai Islamic Bank reports AED 1.8 bn in net income in 1Q
The lender’s topline rose 26% y-o-y to AED 5.6 bn
Dar Global + Aston Martin to create USD 250 mn luxury residence in Ras Al Khaimah
PLUS: Empower connects Al Wasl skyscraper to its network
Seven Emirati banks feature in Forbes Middle East’s 30 most valuable banks in MENA list
The aggregate market value of the Emirati banks on the list is USD 128.7 bn
Emirates Islamic closes USD 500 mn Murabaha loan
The bank will use the funds to expand its Islamic financing services
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