Tag: assets

Banking

Mashreq posts Dh8.3b profit before tax in 2025 as assets and lending surge

the financial - 5 February, 2026

Operating income rises to Dh12.6b; total assets climb 25% to Dh335b despite corporate taxDubai: Mashreq reported a strong financial performance in 2025, posting a...

Finance

UAE bank assets rise 0.8% to $1.43tn as credit expands: CBUAE data

the financial - 16 January, 2026

RIYADH: UAE bank assets rose 0.8 percent in November to 5.25 trillion Emirati dirhams ($1.43 trillion), extending growth in the sector as credit and...

Banking

GCC central banks’ foreign assets climb 6.3% to $762bn

the financial - 19 September, 2025

RIYADH: Foreign assets of Gulf central banks grew by 6.3 percent in 2024 to reach $761.9 billion, supported mainly by higher reserves in the...

Banking

UAE lenders’ total assets hit Dh4.1 trillion

the financial - 21 March, 2024

The UAE banking sector is set for further vibrant growth in 2024 despite global headwinds with the total assets of banks operating in the...

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AI & Technology

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

31 May, 2026 0

Cloudflare shared new insights into the evolving role of...

Business

Dubai unveils new $410m economic support package for businesses

29 May, 2026 0

Dubai approved a new 1.5 billion dirham ($410 million)...

AI & Technology

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

27 May, 2026 0

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

Business

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

25 May, 2026 0

flydubai and Cyprus Airways have announced the launch of...

Economy

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

22 May, 2026 0

The Abu Dhabi Securities Exchange (ADX) Group announced that...