UAE Edition 
MENA+ Edition 
Egypt Edition 
Saudi Edition 
Logistics (MENA) 
BGN boosts its loan from UAE lenders to USD 232.5 mn
The facility will include a Murabaha tranche to incorporate both Islamic and conventional financing
ADCB’s Formosa bond issuance raises USD 600 mn
The bonds are listed on the Taipei Exchange and Euronext Dublin
The UAE’s largest 10 banks raked in AED 20.3 bn worth of net income during 3Q
The top 10 banks saw their net income fall 5.5% q-o-q
Adnoc, Masdar, and ADCB tap into debt market
A USD 1 bn green bond issuance by state-owned renewables giant Masdar will go live on the ADX today
The UAE’s top 10 lenders’ net income rose to AED 21.5 bn in 2Q 2024
Total non-interest income fell 2.9% q-o-q
UAE banks to post stable returns in 2024 –Moody’s
The four biggest banks made up 74% of the banking sector’s total income
ADEX, Mashreq, and ADCB lend BGN USD 100 mn to ramp up energy exports
The loan marks BGN’s first credit line from regional lenders
More bumper bank earnings
ADCB, Commercial Bank of Dubai, Tecom Group, and Q Holding all reported results