Finance & Capital Market

Finance & Capital Market

DFM reports strong Q1, revenue rise to $68.9m

Fri, 01 May 2026

Dubai Financial Market (DFM) said its consolidated revenues for the first quarter reached approximately AED253.1 million ($68.91 million), compared with AED186.5 million during the same period in 2025.

Finance & Capital Market

Mashreq Bank posts Q1 net profit before tax of $626m

Thu, 30 Apr 2026

Mashreq Bank, one of the leading financial institutions in the MENA region, has delivered a strong first-quarter performance, with operating income growing to AED3.4 billion ($925.8 million) and net profit before tax increasing to AED2.3 billion ($626.28 million).

Finance & Capital Market

Citi announces senior leadership appointments

Thu, 30 Apr 2026

Citi has announced senior leadership appointments across its Banking & International franchise, effective August, with roles based between London and Dubai.

Finance & Capital Market

Visa appoints Emirates NBD as National Net Settlement Service Agent in UAE

Thu, 30 Apr 2026

Visa, a world leader in digital payments, has appointed Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, as its official National Net Settlement Service (NNSS) Agent in the UAE.

Finance & Capital Market

Bahrain central bank leaves overnight rate unchanged at 4.25pc

Wed, 29 Apr 2026

The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25% follaoing a review conducted by the CBB to maintain monetary and financial stability in the kingdom.

Finance & Capital Market

Tecom Q1 net profit surges 11pc to $201m

Wed, 29 Apr 2026

Tecom Group, the creator of specialised business districts and vibrant communities, has delivered solid results for Q1, recording a net profit of AED755 million ($201 million), up 11% over last year driven by strong demand across its specialised business districts as well as commercial and industrial portfolios.

Finance & Capital Market

AD Ports inks Azeri transport, logistics infrastructure collaboration deal

Wed, 29 Apr 2026

AD Ports Group has signed an agreement with Azerbaijan to explore strategic collaboration across ports, shipping and logistics in the energy-rich country. This comes as the UAE-Azerbaijan Comprehensive Economic Partnership Agreement (CEPA) officially entered into force this month.

Finance & Capital Market

Bahrain Bourse, BHC announces key promotions

Wed, 29 Apr 2026

Bahrain Bourse (BHB) and its fully-owned subsidiary, Bahrain Clear (BHC) have announced the promotion of several team members in recognition of their strong performance, dedication, and ongoing contributions to the organization.

Finance & Capital Market

Dubai Islamic Bank posts $490m net profit in Q1

Tue, 28 Apr 2026

Dubai Islamic Bank (DIB) has recorded solid results for the first quarter of 2026 with its net profit soarng to AED1.799 billion ($490 million), while its operating revenues for the three-month period surged by 13% to hit AED3.55 billion ($966 million).

Finance & Capital Market

Qatar unveils support package to steady markets, boost investor confidence

Tue, 28 Apr 2026

Qatar has introduced a package of measures aimed at supporting market stability and boosting investor confidence amid evolving regional conditions. Delivered through the nation’s foreign direct investment ecosystem, it will provide immediate financial and operational relief to the international business community.