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More banks report 1Q earnings
Plus: ADIB records an AED 1.7 bn in 1Q 2025
ADIB rolls out fractional sukuk for retail investors
Plus: Pakistani startup Haball to expand to the UAE in 2025 or 2026
Big banks rush into stablecoins
Stablecoin transactions hit USD 710 bn last month, up from USD 521 bn a year ago
THIS MORNING: Gulf Capital plans to sell its fertility business Art Fertility
Plus: More European m’naires are considering a move to the UAE
More direct flights to China + IHC eyes Lunate’s Ghaf Benefits scheme
PLUS: Ewec to power 22 Burjeel Holdings’ facilities with green energy
UAE’s largest 10 banks earned AED 82.8 bn in net income in 2024
Total interest income rose 6.7% y-o-y
ADIB, ESG, and Sukoon Ins. report 2024 earnings
Abu Dhabi Islamic Bank’s bottom line surged 16% y-o-y in 2024
Sobha Realty plans 8-10 new UAE projects in 2025, eyes US and Australia expansion
ALSO- Valores Property Development plans to roll out AED 600 mn worth of projects in Dubai this year
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