Kuwait’s Finance Minister and Minister of State for Economic Affairs and Investment, Dr. Anwar Al-Mudhaf, discussed on Friday enhancing cooperation in the electricity and renewable energy with commissioner-general of China’s representative office in t…
Kuwaiti local banks have business sustainability plans for crisis response and recovery to curtail adverse impacts on digital infrastructure and banking services, reassured Kuwait Banking Association (KBA) on Friday.
In a press release, the KBA said …
Services provided by the Central Bank of Kuwait (CBK) are uninterrupted because of the global IT glitch, the bank affirmed on Friday.
In a press release, the CBK revealed that the national banking sector was resilient in its response despite the outa…
SHARJAH: Sharjah Islamic Bank (SIB) announced an increase in its net profit by 25.8%, amounting to AED622.4 million for the first six months of 2024, compared to AED494.6 million for the same period of the previous year. Net profit after tax amounted …
ABU DHABI: Abu Dhabi Energy Services (ADES), a subsidiary of TAQA (Abu Dhabi National Energy Company), announced the commencement of a 9000-kilowatt peak (kWp) solar photovoltaic (PV) project for the United Arab Emirates University (UAEU) in Al Ain.
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ABU DHABI: Abu Dhabi Commercial Bank PJSC (ADCB) today reported its financial results for the second quarter of 2024 (Q2’24).
Strong performance in H1’24 driven by double-digit YoY growth in net interest income and non-interest income in the context …
ABU DHABI: Mashreq Bank has allocated an additional AED1 billion in financing solutions to enhance the country’s industrial sector’s growth and support its competitiveness and productivity.
This aligns with the objectives of the National Strategy for…
ABU DHABI: Following the success of its inaugural event, ADGM, the international financial centre, hosted its second Al Reem Island Business Community Event. This event underscores ADGM’s ongoing commitment to engaging with local businesses and suppor…