Dubai’s Emirates NBD posts flat Q4 profit as investment offsets higher income DUBAI: Emirates NBD, Dubai’s biggest bank by assets, reported on Wednesday a flat fourth-quarter net profit as... Published 29 Jan, 2025 11:01am
Business & Finance Dubai’s Emirates NBD posts flat Q3 y/y net profit DUBAI: Emirates NBD, Dubai’s biggest bank by assets, reported on Thursday flat third-quarter net profit, as an... Published 17 Oct, 2024 10:30am
Business & Finance First Abu Dhabi Bank gives initial guidance for $750mn debt sale The UAE’s First Abu Dhabi Bank has given initial price guidance for the sale of $750 million Tier 2 Capital... Published 09 Jul, 2024 01:20pm
Markets Most Gulf markets ease on falling oil prices Most stock markets in the Gulf were subdued in early trade on Monday after a decline in oil prices, although the... Published 08 Jul, 2024 03:15pm
Markets Gulf markets in red on earnings, geopolitical concerns DUBAI: Most stock markets in the Gulf were in red on Thursday, as investors sifted through the latest corporate... Published 26 Apr, 2024 04:15am
Markets Most Gulf markets rise in early trade Most stock markets in the Gulf were up in early trade on Tuesday, amid rising oil prices as geopolitical tensions in... Published 12 Mar, 2024 12:58pm
Business & Finance Emirates NBD posts 65% profit jump in 2023 DUBAI: Emirates NBD, Dubai’s biggest bank by assets, posted on Thursday a 65% increase in full-year profit, as asset... Published 25 Jan, 2024 11:13am
Markets Dubai leads Gulf markets higher; Qatar ends lower DUBAI: Dubai stock market closed higher on Wednesday, outperforming the Gulf region, while Qatari stocks retreated... Published 02 Feb, 2023 06:12am
Markets Dubai lender Emirates NBD 2022 net profit up 40% DUBAI: Emirates NBD, Dubai’s biggest lender, reported a 40% jump in 2022 net profit to 13 billion dirhams ($3.5... Published 26 Jan, 2023 11:41am
Markets Most Gulf markets rise as China eases COVID curbs Most major stock markets in the Gulf rose in early trade on Tuesday, after China announced it would further ease its... Published 27 Dec, 2022 02:15pm
Business & Finance Dar in talks with Dubai banks The commercial banks reposed their confidence in the current economic policies of the government and reiterated their continued support for Pakistan Updated 13 Nov, 2022 09:41am
Business & Finance Dubai developer Nakheel secures 17 billion dirhams in financing DUBAI: Dubai state developer Nakheel said on Tuesday it secured 17 billion dirhams ($4.63 billion) in financing from... Published 08 Nov, 2022 01:39pm
Markets Dubai’s Emirates NBD third quarter profit climbs 51% DUBAI: Emirates NBD, Dubai’s biggest bank, reported on Thursday a 51% rise in net profit in the third quarter on... Published 27 Oct, 2022 12:52pm
Print Around $17bn foreign debt incurred in FY22 Around $4.9 billion was taken from foreign commercial banks Updated 26 Jul, 2022 10:00am
Business & Finance Foreign debt of $13.539bn incurred in 11 months ISLAMABAD: Pakistan incurred foreign debt of $13.539 billion from multiple financing sources in the first 11 months... Updated 29 Jun, 2022 10:30am
Markets Most Gulf bourses in red in line with global shares DUBAI: Most stock markets in the Gulf ended lower on Monday, in line with global shares as worries about higher... Published 10 May, 2022 05:10am
Markets Emirates NBD's 2021 profit up 34%, says in better shape for higher rates DUBAI: Emirates NBD's annual profit rose 34% as improved economic activity boosted investment banking income, ... Published 26 Jan, 2022 02:01pm
Markets Gulf markets buoyed by oil and global shares DUBAI: Most stock markets in the Gulf ended higher on Tuesday, in line with oil prices and global shares, shrugging... Published 05 Jan, 2022 05:36am
Business & Finance Dubai developer Limitless set to agree third debt restructuring deal DUBAI: Dubai state-owned property developer Limitless is set to reach an agreement with creditors over some $760... Published 30 Aug, 2021 06:33am
Markets Abu Dhabi index hits record high DUBAI: Abu Dhabi stocks closed at a record high on Wednesday, lifted by extended gains in International Holding ... Published 12 Aug, 2021 04:34am
Markets Major Gulf indexes slip on Fed's hawkish shift The Qatari benchmark fell 0.7%, as nearly all the stocks on the index declined. Published 21 Jun, 2021 02:11pm
Pakistan Multiple financing sources: $10.195bn foreign debt incurred: EAD ISLAMABAD: Pakistan incurred foreign debt of $10.195 billion from multiple financing sources during July-April of... Published 26 May, 2021 03:45am
Markets Dubai shares rise, other major Gulf markets subdued DUBAI: The Dubai stock market ended higher on Thursday, boosted by gains in financials and property stocks, while... Published 21 May, 2021 05:04am
Markets Dubai leads major Gulf markets higher DUBAI: Major stock markets in the Middle East rose on Tuesday, with the Dubai index outperforming the region... Published 19 May, 2021 06:00am
Markets Emirates NBD hires banks for AT1 dollar bonds Emirates NBD Capital, First Abu Dhabi Bank, JPMorgan, HSBC, NCB Capital and Standard Chartered will arrange fixed-income investor calls starting on Tuesday. Published 18 May, 2021 12:33pm
Markets Most Gulf markets gain, Dubai hit by ex-dividend stocks Emirates NBD Q1 profit rises as economy rebounds. UAE c.bank extends stimulus measures until mid-2022. Published 20 Apr, 2021 08:18pm
Print Pakistan hires banks for three-tranche dollar bond sale DUBAI: Pakistan has hired a group of banks to arrange investor calls ahead of a triple-tranche sale of US... Published 26 Mar, 2021 05:22am
Print Jul-Feb period: $7.21bn foreign debt incurred ISLAMABAD: Pakistan incurred foreign debt of $7.208 billion from multiple financing sources during July-February of... Published 20 Mar, 2021 04:39am
Markets Dubai bourse leads most of Gulf lower Outlook for kingdom's voluntary oil output cut unclear. Dubai index snaps five sessions of gains. Egypt's Eastern Co to sell treasury shares. Published 04 Mar, 2021 06:44pm
Markets Major Gulf markets ease in early trade; Qatar gains Qatar's benchmark index edged up 0.1%, helped by its banking shares, with the Gulf's largest lender Qatar National Bank rising 1.2%. Published 04 Mar, 2021 02:09pm