Wednesday 19 March 2025
 
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Dubai banks

Some banks win, some lose in Dubai's ‘Islamic economy’

Dubai's drive to develop its Islamic finance sector is fuelling growth of sharia-compliant banking but the benefits are unevenly distributed, with some lenders struggling to compete against burgeoning competition. In 2013, Dub

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Dubai banks 'can beat global financial crisis'

Local banks in Dubai have sufficient liquidity to weather a global downturn, the chairman of the Gulf's largest bank and a key figure in its recovery from a 2009 debt crisis said. Shaikh Ahmed bin Saeed Al Maktoum, who is also chairman

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