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Rating updates for FAB, Emirates NBD, and ADIB
Plus: Barakah nuclear plant’s fourth reactor is now running at commercial scale
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
Dubai to get a gastroenterology hospital, courtesy of Scope Investment and South Korea’s Asan
Plus: Lots of real estate news
HSBC debuts global wealth trading platform
Sharjah will develop Uganda’s third int’l airport
The UAE’s largest 10 banks raked in AED 20.8 bn worth of net income during 1Q
The top 10 banks saw their net income surge 9.3% q-o-q
First large green methanol-enabled vessel docks at Jebel Ali
PLUS: Adib joins cross-border payment system Buna
DIFC kicks off construction on AED 1 bn immersive tower
DFM launched its upgraded financial management application for investors, iVestor
New execs at Yashat, ADIB, Sony, and Bank of Singapore
Plus: ADIB appoints new chief risk officer, and Sony Middle East and Africa has a new MD
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