Category: Finance

UAE stock markets showed a slight increase as investors closely monitored the impending release of July’s consumer price index (CPI) data from the United States. Both Abu Dhabi and Dubai’s indices reported modest gains, reflecting a sense of cautious optimism in the markets. The anticipation surrounding the US inflation figures stems from their potential impact...

Takaful Emarat, a leading Islamic insurance provider in the UAE, has announced a remarkable 46% increase in its profit for the first half of the year, reaching Dh13.46 million. This substantial growth is attributed to enhanced performance in core operations and the Takaful service offerings, positioning the company favorably in a competitive market. The surge...

Abu Dhabi National Insurance Company (Adnic) has announced a significant achievement in its financial performance for the first half of the year, reporting a profit before tax of Dh225.1 million. This result can be attributed to impressive growth in gross written premiums, which surged to Dh6.14 billion, reflecting the company’s robust market strategy and commitment...

Plus500, a prominent player in the global fintech arena, has announced impressive interim results for the first half of 2026, showcasing its capacity to navigate the competitive trading landscape adeptly. The company’s revenue reached a three-year high, experiencing significant growth thanks to a five-year peak in customer income. These results reflect the effectiveness of Plus500’s...

The Abu Dhabi Securities Exchange (ADX) reported significant growth in investor activity during the first half of 2026, with the addition of 30,000 new investors and a substantial increase in dividend payouts, amounting to Dh49.9 billion. This development signals a robust market environment and heightened confidence among both local and foreign investors. In observing this...

In a significant development for the Abu Dhabi stock market, the total market capitalization has ascended to an impressive Dh2.8 trillion, buoyed by a surge in new investor registrations. Over the first half of the year, the market welcomed more than 30,000 participants, with foreign investors making up a remarkable 77% of this influx. This...

The United Arab Emirates (UAE) has solidified its position as a significant contributor to the Foreign Currency Non-Resident (FCNR-B) deposits mobilized through the Reserve Bank of India’s (RBI) dedicated window. This comes amid a backdrop of limited inflows from traditional markets such as the United States and the United Kingdom, signaling a shift in the...

The Dubai Financial Services Authority (DFSA) has unveiled a comprehensive set of regulatory reforms aimed at enhancing its competitive edge within the global financial landscape. This strategic move comes as part of the authority’s commitment to streamline operational procedures and adapt to the evolving complexities of the financial sector, particularly with the burgeoning digital asset...

In a significant move to enhance digital payment solutions for businesses, Mastercard has partnered with Arab Financial Services (AFS) to unveil corporate credit and prepaid cards in the UAE and Egypt. This collaboration not only aims to streamline corporate transactions but also integrates these cards with the AFS Pro mobile application, providing a comprehensive payment...