News

Chairman Joy Alukkas called the facility “a significant milestone” that reflects the scale and ambition behind the brand’s ...
The IDBI Bank sale is being jointly executed by the central government and LIC, which together own more than 94% of the bank.
With due diligence for the sale of govt stake in IDBI Bank completed, Centre is all set to invite financial bids during the ...
The downturn was led by a 3.4% decline in Abu Dhabi Commercial Bank, the UAE’s third-largest lender. Commercial Bank ...
India has completed due diligence for the stake sale of IDBI Bank and plans to invite financial bids between October and ...
Saudi lenders remain the dominant force within the banking industry in the Arab world, accounting for a third of Tier 1 capital for the region. The country now has five lenders in the region’s top 10, ...
Lenders in Saudi Arabia and the UAE are once again the big winners in the The Banker’s Top 100 Arab banks ranking for 2025. The Arab world’s two largest economies between them account for 32 of this ...
AED 3.5 billion for the second quarter of 2025, up 9.7 per cent year‑on‑year, driven by a substantial rise in its global subscriber base. The company’s performance outstripped the average analyst ...
Fintech development is increasingly pressuring incumbent Gulf banks and brokers to adapt. Many traditional institutions still ...
Joyalukkas, a leading jewellery retailer, has obtained a AED 500 million working capital facility from Emirates NBD to fuel ...
The first big hitter to feature on the show, filmed at the exclusive Jetex private lounge, is Maurice Gravier, Group Chief ...
Gold retailer Joyalukkas has secured a significant financing deal with Emirates NBD, confirming a revolving credit facility ...