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Emirates NBD reports profit before tax of $2.23bn for Q1, up 6%

Emirates NBD in line with the resilient operating environment in the UAE reported a profit before tax of AED8.2 billion ( 2.23 billion) for the first quarter of 2026 up 6% yoy driven by strong balance...

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Saudi Arabia to join JP Morgan Emerging Market Bond Index

Saudi Arabia will join the JPMorgan Emerging Market Bond Index (GBI-EM) in 2027 with sovereign bonds expected to reach a 2.52% weighting. This inclusion aims to attract major institutional investment into...

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Du achieves 6.9% revenue growth in Q1 despite March weakness

Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter with revenue growing by 6.9% to AED4.1 billion ( 1.116 billion) a record EBITDA margin...

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Khazna's Dubai facility gets first global zero waste certification

Khazna Data Centers a global leader in critical AI infrastructure has announced that its DXB8 facility in Dubai has been awarded the Zero Waste Certification by SCS Global Services one of the world s leading...

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Nahda Capital Partners appoints two independent investment committee members

Nahda Capital Partners the Abu Dhabi Global Market based private equity platform has announced the appointment of two senior independent Investment Committee members Anders Moberg and Ahmed Al Naqbi strengthening...

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FAB delivers strong Q1 results, net profit at $1.36bn

First Abu Dhabi Bank (FAB) one of the world s largest financial institutions said its operating income increased by 6% yoy to AED9.34 billion ( 2.54 billion) for the first quarter of 2026 while operating...

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Global Payment Services joins Bahrain Association of Banks

Global Payment Services (GPS) has officially joined the Bahrain Association of Banks (BAB) in a step that underscores the increasing need for closer collaboration between payment services providers and...

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NBB signs MoU with BDSMEs to accelerate SME growth

National Bank of Bahrain (NBB) has signed a memorandum of understanding (MoU) with the Bahrain Development of Small and Medium Enterprises Society (BDSMEs) to strengthen support for the Kingdom s SME ecosystem....

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Dubai South signs MoU with Emirates NBD to support SMEs

Dubai South the largest urban master development focused on aviation logistics and real estate has signed a strategic memorandum of understanding (MoU) with Emirates NBD a leading banking group to support...

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