DUBAI/WAM Emirates NBD’s Profit before tax rose 56 percent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11percent year-on-year increase in income. The bank said that the balance sheet surpassed the AED1 trillion milestone boosted by impressive loan and deposit growth from a buoyant regional ...

ABU DHABI/WAM A Forbes report has forecast that the financial technology (fintech) market in the UAE is expected to reach $3.56 billion in 2025, and $6.43 billion by 2030, with a compound annual growth rate (CAGR) of 12.56 percent, positioning the country among the fastest-growing global markets. The report, titled “What Can FinTech Learn From The UAE’s Rise As The ...

ABU DHABI/WAM ADNEC Group has announced that Tawazun Council will serve as a Sector Enabling Partner for Defence in the fourth edition of Make it in the Emirates. As the UAE’s flagship industrial investment platform, Make it in the Emirates 2025 is a key driver of manufacturing and technological advancement, providing a global platform for innovation, collaboration, and investment. Dr ...