Finance & Capital Market

Finance & Capital Market

UAE bank reserves at central bank rise to $119.5bn amid resilience push

Fri, 10 Apr 2026

Reserves held by UAE banks with the Central Bank of the UAE rose to AED439 billion ($119.5 billion) in the first quarter of 2026, underscoring strong liquidity buffers in the banking system as authorities press ahead with financial sector resilience measures.

Finance & Capital Market

Careem Pay expands remittances to Saudi Arabia, Türkiye

Fri, 10 Apr 2026

Careem Pay, the digital payments platform within the Careem app, expands its remittance service to include Türkiye and Saudi Arabia, enabling residents of the United Arab Emirates to transfer money directly to bank accounts in both countries at competitive rates.

Finance & Capital Market

ADX listed companies' profits grow 17% to $54.46bn in 2025

Fri, 10 Apr 2026

Listed companies in the Abu Dhabi Securities Exchange (ADX), one of the 20 largest stock exchanges by market capitalisation, extended their sustained growth as total net profit increased 17% year on year to over AED200 billion ($54.46 billion).

Finance & Capital Market

UAE will ride of out crisis faster than expected says Indian diplomat

Fri, 10 Apr 2026

The UAE has the ability to defy uncertainty by strengthening its bond with the international community, make them part of its development and it will ride out the current situation faster than expected, said Satish Kumar Sivan, Indian Consul General, Dubai and Northern Emirates.

Finance & Capital Market

DIFC introduces package of relief measures to support clients

Fri, 10 Apr 2026

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment.

Finance & Capital Market

UAE banking sector assets value tops $1.47 trillion in 2025

Fri, 10 Apr 2026

The UAE's banking sector achieved regional leadership with assets valued at AED5.4 trillion ($1.47 trillion) in 2025, supported by a 17.9% growth in the credit portfolio and a 16.2% increase in deposits, said the Central Bank of the United Arab Emirates' 2025 annual report.

Finance & Capital Market

Mubadala assets under management up 17% to $385bn

Thu, 09 Apr 2026

Mubadala Investment Company, an Abu Dhabi–based sovereign investor, today reported strong financial performance in its 2025 annual results with its assets under management growing 17 percent to AED1.4 trillion ($385 billion), with annualised five- and ten-year returns exceeding 10 percent.

Finance & Capital Market

Central banks of Bahrain, UAE sign currency swap agreement

Wed, 08 Apr 2026

The Central Bank of Bahrain (CBB) and the Central Bank of the United Arab Emirates (CBUAE) have announced the establishment of a currency swap agreement between the Bahraini Dinar (BHD) and the UAE Dirham (AED) during a virtual signing ceremony.

Finance & Capital Market

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

Wed, 08 Apr 2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Finance & Capital Market

Emirates NBD to offer home financing solutions for Sobha projects in Dubai

Wed, 08 Apr 2026

Emirates NBD, a leading banking group in the region, has announced a strategic partnership with leading global luxury real-estate brand Sobha Realty to provide integrated home financing solutions for buyers of the premium luxury developer’s off-plan residential developments across Dubai.