Gulf markets mixed on Tuesday before US data
Gulf stock markets had a mixed start on Tuesday as investors awaited US Federal Reserve interest rate decisions and…
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Emirates NBD
Most Gulf markets ease ahead of US inflation data
Most Gulf stock markets were down in early trade on Monday, following Asian markets lower ahead of US inflation…
Mixed moves in Gulf stocks, eye on US inflation
Gulf stock markets showed mixed performance in early trading on Monday as traders anticipated US inflation data…
Emirates NBD-Egypt 2023 net profits jump 174%
Emirates NBD-Egypt reported on Thursday a 174 per cent growth in its net profits for 2023, marking the highest…
ADIB issues first USD-denominated Green Sukuk
Abu Dhabi Islamic Bank (ADIB) issued the world’s first USD green Sukuk on Abu Dhabi Securities Exchange ADX on…
Most Gulf markets rise amid a rise in oil prices
Most Gulf markets closed high on Tuesday on increasing oil prices, amid anticipations that the OPEC+ producer group…
Dubai’s Emirates NBD Q3 net profit jumps 38%
Emirates NBD, Dubai's biggest lender by assets, reported on Thursday a net profit of $1.4 billion in its…
HSBC, Citi among banks to manage Egypt’s first Islamic bonds
Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of…
Egypt’s Banque Misr gets $250 million loan from gulf banks
Egypt’s second largest public bank Banque Misr has secured a loan of about $250 million from a consortium of gulf…
Egypt expects to receive $3 billion loan, in part for sustainable green projects – sources
Egypt is set to finalise a $3 billion loan to be used in part to finance sustainable green projects, three sources…