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…
AJMAN: Ajman’s real estate market witnessed remarkable growth in the first half of 2024, with 7,071 transactions valued at over AED9 billion, reflecting a 33 percent increase compared to the same period in 2023.
According to a report by Ajman’s Land …
DUBAI: Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Indonesia’s Nusantara Capital Authority to enhance international financial cooperation.
Essa Kazim, Governor of DIFC, and M. Basuki Hadimuljono, (A…
CAIRO: In its meeting today, the Central Bank of Egypt’s Monetary Policy Committee (MPC) decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 27.25 percent, 28.25 percent, and 27.75 …
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 …
CAIRO: In its meeting today, the Central Bank of Egypt’s Monetary Policy Committee (MPC) decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 27.25 percent, 28.25 percent, and 27.75 …
AJMAN: H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank Board of Directors, chaired the meeting held today at the bank’s headquarters. Attending the meeting were the bank’s board members and Mustafa Al Khalfawi,…
TOKYO, Kuwait’s trade surplus with Japan widened 32.7 percent from a year earlier to JPY 90.1 billion (USD 556 million) in June, up for the second consecutive month buoyed by strong exports, government data showed on Thursday.
Kuwait stayed in black …