Tag: Financial

Boat auditors flag mismatch in financial statements filed with lenders

SynopsisBoat's IPO plans face scrutiny as auditors noted mismatches in lender filings and company books. Concerns were also raised about fund utilisation and un-reported...

Saudi Arabia holds 30th spot in Global Financial Inclusion Index

RIYADH: Saudi Arabia retained its 30th position in the 2025 Global Financial Inclusion Index, with strong gains in digital finance and fintech ecosystems, a...

2024 U.S. election and its impact on financial markets, UAE, and the Middle East

As November 5, approaches, the world is watching the U.S. Presidential election closely. This fiercely contested race between Former President Donald Trump and Vice...

DAE Announces Financial Results for the Six Months Ended June 30, 2024

Selected Business and Operating Highlights: • Unsecured credit ratings upgraded to Baa2 by Moody’s and to BBB by Fitch Ratings • Number of aircraft acquired: 10...

UAE banks lead in revenue, digitalisation cuts branch costs across Gulf: Roland Berger

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE...

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

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

Dubai unveils new $410m economic support package for businesses 

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

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

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

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

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

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

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