Tag: billion

Emirates Islamic operating profit rises to $599 million as assets hit $41.9 billion, financing grows 9.1 percent

Higher funded and non-funded income supported operating profit and balance-sheet growth Emirates Islamic…

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Emirates Islamic H1 2026 operating profit rises 10% to Dh2.2 billion

Assets rise to Dh153.8 billionTotal assets increased 5.5% from the end of…

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Saudi Islamic banking share hits 76 percent as UAE targets over $697 billion by 2031 amid Gulf resilience

Gulf Islamic banks remain resilient as stable deposits and capital buffers offset…

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Awqaf Dubai’s financial investment portfolio tops AED1.475 billion in market value in H1 2026

As part of its investment expansion strategy, Awqaf Dubai recorded new investments…

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Dubai Customs measures unlock AED79 million for businesses and safeguard AED33.9 billion in trade

Economic support initiatives help thousands of companies maintain operations, strengthen supply chains…

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India’s SBI Funds Management $1 billion IPO fully subscribed as investors bet on mutual fund market growth

The IPO will close for subscription on Thursday, and the shares are…

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Dubai diamond trade hits record $41.7 billion as volumes surge to all-time high

DMCC says emirate achieved double record in 2025 with 359.5 million carats…

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e& sells entire Vodafone stake for $5.95 billion after strategic review

Deal to generate Dh21.8 billionThe transaction is expected to generate cash proceeds…

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Chinese tech firms raise $17 billion in Hong Kong as IPO boom fuels AI and chip expansion

Check out the major companies that have recently listed or sold ‌shares…

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