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Emirates NBD Apologises After Upgrade 'teething Issues' Causes Service Chaos
Middle East Business News - Published date: .
Bank customers have taken to social media to demand answers after being unable to access online banking over the weekend Read more
Dubai School Operator GEMS Raises Extra Debt To Bolster Its Cash
Middle East Business News - Published date: .
GEMS said the 'incremental' funding will be used to support working capital needs Read more
Dubai Investments Reports 42% Drop In Half Yearly Profits
Middle East Business News - Published date: .
Dubai Investments revealed H1 profits decreased to $55.78m as a result of Covid-19 impact Read more
UAE Investors Eyeing Up Sustainable Opportunities
Middle East Business News - Published date: .
Latest survey from Standard Chartered revealed 90% are keen on green investments Read more
JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021
Middle East Business News - Published date: .
The first six months saw $72 billion of bond issuance from the region, the busiest start yet Read more
UAE's Network International To Acquire African Payments' Firm DPO
Middle East Business News - Published date: .
The acquisition will strengthen Network's presence in Africa, giving the payments firm direct access to an extensive and... Read more
First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions
Middle East Business News - Published date: .
Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more
UAE Shoppers Taking Advantage Of 'buy Now, Pay Later' Platforms
Middle East Business News - Published date: .
Fintech start-ups flourishing during Covid-19 pandemic as alternative options for businesses and consumers in increasing... Read more
Abu Dhabi's Mubadala Invests $150m In US-based Wood Pellet Firm Enviva
Middle East Business News - Published date: .
Enviva completed the recapitalisation of the company, raising more than $1 billion in new and incremental equity Read more
Mashreq Reports Drop In First-half Profit Amid 'tough Operating Environment'
Middle East Business News - Published date: .
Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more
UAE Asset Manager To Start ETF Trading In Dubai And Abu Dhabi
Middle East Business News - Published date: .
The ETF will have two different share classes that will track a Shariah-compliant index compiled from stocks listed on t... Read more
UAE Energy Trader To Restructure Finances Following Oil's Crash
Middle East Business News - Published date: .
GP Global said it has been 'targeted by vested interests' spreading rumours about its financial standing Read more
Emirates NBD Receives Approval To Double Foreign Ownership Limit
Middle East Business News - Published date: .
Dubai's largest bank earlier reported a 45% slump in first-half profits Read more
Survey Reveals Trust In UAE Banks On The Increase
Middle East Business News - Published date: .
UAE banking sector has higher trust rating than US, UK, China, Japan, France and Germany Read more
Emirates NBD Reports 45% Slump In Profit After $1.1bn Provisions
Middle East Business News - Published date: .
Emirates NBD continues to have a good underlying operating performance, said CFO Patrick Sullivan Read more
Covid-19 Sparks Increased Demand For Cashless Transactions In Middle East
Middle East Business News - Published date: .
Latest PwC survey reveals 53% of people used mobile phones for online deliveries Read more
Siraj Holding Completes Deal For Al Hilal Bank's Islamic Insurance Business
Middle East Business News - Published date: .
Thomas Joe has been appointed CEO following appointment of new board members Read more
Emirates NBD Said To Slash Workforce By As Much As 10%
Middle East Business News - Published date: .
In a statement, the bank said it had been severely impacted by the impact of the Covid-19 pandemic Read more
Abu Dhabi's Adnoc Sells $10bn Stake In Pipelines To GIP-led Group
Middle East Business News - Published date: .
Infrastructure has been one of the few bright spots for dealmakers since the coronavirus outbreak led to a sharp downtur... Read more
Ex-Abraaj Exec Sev Vettivetpillai Cooperating With US Authorities, Agrees To Extradition
Middle East Business News - Published date: .
Abraaj founder Arif Naqvi's extradition hearing began on Monday Read more