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FAB names new senior managing director
Guy Smith enters the role after serving for six years as global financing services firm Nomura’s Asia head of client…
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
FAB closes in on acquisition of Yapi Kredi + Al Mal Capital REIT adds Dubai school to its portfolio
The Emirates’ biggest lender has reportedly been in talks to acquire 61.2% in Yapi Kredi
US Energy Secretary is in town
Good morning, lovely people, and welcome to a new workweek. We’re — thankfully — being eased into the week with…
Dubai fintech summit kicks off + FAB eyeing a stake in Yes Bank?
Plus: Arabian Travel Market also kicks off today
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
UAE banks to post stable returns in 2024 –Moody’s
The four biggest banks made up 74% of the banking sector’s total income
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