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Business

Multiply Group reports AED400 million profits in Q2 2023

the financial - 3 August, 2023

Multiply Group, an Abu Dhabi-based investment holding company, has reported a net profit of AED400 million for Q2 2023, compared with AED127.31 million in...

Business

Financial Academy and Global Fintech Institute Sign MoU

the financial - 3 August, 2023

The Financial Academy and the Global FinTech Institute have signed today a Memorandum of Understanding (MoU) in order to strengthen their collaboration in training,...

Economy

Governor of Saudi Central Bank Meets Governor of Qatar Central Bank

the financial - 3 August, 2023

The Governor of Saudi Central Bank (SAMA), Ayman bin Mohammed Al-Sayari, received in Riyadh today the Governor of the Qatar Central Bank, Sheikh Bandar...

Economy

Dubai Chamber of Digital Economy’s China roadshow

the financial - 3 August, 2023

Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has successfully concluded a week-long roadshow in five cities across...

Economy

Dollar price stable at Egypt’s major banks

the financial - 3 August, 2023

The US dollar exchange rate was stable at the beginning of Tuesday's transactions at Egypt's major banks.At the National Bank of Egypt (NBE) and...

Economy

Turkish stock exchange opens Tuesday on high note

the financial - 3 August, 2023

Türkiye's benchmark stock index opened Tuesday at 6,721.45 points, up 0.39%, or 26.32 points, from the previous close. On Monday, Borsa Istanbul's BIST 100 index...

Economy

UAE revenues hit $31.5bn in Q1

the financial - 3 August, 2023

The UAE’s government revenues reached AED115.6bn ($31.5bn) in the first quarter of the year, according to the Ministry of Finance. The preliminary results of a UAE...

Crypto

Crypto Industry Turns to Customers Bank as Preferred Partner Amidst Collapse of Silvergate, Signature

the financial - 3 August, 2023

The US crypto industry has a new favorite banking partner, a small Pennsylvania-based called Customers Bank. According to a Bloomberg article citing sources familiar with the matter,...

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