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Browse Babu Das Augustine, Business Editor

1-106 out of 106 article(s)
Title Type Date Words
Abu Dhabi Commercial Bank reports Dh1.4b H1 net profit. Jul 29, 2020 816
Network International to acquire Africa's leading online commerce platform DPO for $288m. Jul 28, 2020 397
Commercial Bank of Dubai reports Dh530m first half 2020 net profit. Financial report Jul 26, 2020 569
GCC economic recovery to be slow and gradual in 2020-21. Jul 25, 2020 1182
Dubai Islamic Bank reports Dh2.1b first half 2020 net profit. Jul 22, 2020 638
Sharjah Islamic Bank reports Dh251.2m net profit in first half 2020. Financial report Jul 22, 2020 477
Mashreq posts Dh535m net profit for first half of 2020. Financial report Jul 22, 2020 554
COVID-19 impact: UAE businesses to make operational changes to become resilient. Jul 21, 2020 658
COVID-19 response: Middle East needs more fiscal support for sustained recovery. Jul 21, 2020 711
Emirates NBD reports Dh4.1b first half 2020 net profit, down 45% year on year. Jul 20, 2020 709
UAE's personal wealth surges past $400 billion. Jul 20, 2020 492
Emirates Islamic Bank nets Dh12m as first-half 2020 profit. Jul 20, 2020 370
UAE's personal wealth shoots past $400 billion mark. Jul 20, 2020 434
Customer trust in UAE banks remains high, at 76%. Jul 20, 2020 366
Standard & Poor's revises Kuwait's rating outlook to negative. Jul 19, 2020 600
GCC to loose $270 billion in oil revenues in 2020, says IMF. Jul 13, 2020 788
GCC to lose $270 billion in oil revenues in 2020, says IMF. Jul 13, 2020 788
UAE: Did you know that inflation can shrink earnings on your bank deposits? Yes, here's how! Jul 12, 2020 1848
Bank of Sharjah posts Dh488m 2019 loss from Lebanese subsidiary. Financial report Jul 9, 2020 849
UAE: Flat or reducing balance interest rate, what works better for a borrower? Jul 7, 2020 1541
GCC banks' profitability to decline by 20% this year: Moody's. Jul 6, 2020 1002
Saudi Arabia's private sector business activity shrinks further in June. Jul 5, 2020 541
UAE economy turns around as demand growth restored after lockdown. Jul 5, 2020 653
GCC countries resort to fiscal tightening to contain impact of low oil prices. Jun 20, 2020 765
Leading UAE banks fully utilise liquidity relief funds to support customers. Jun 17, 2020 874
Dh50 billion: Leading UAE banks fully utilise liquidity relief funds to support customers. Jun 17, 2020 874
Beyond COVID-19: UAE has better shock absorption capacity among GCC peers. Jun 10, 2020 642
UAE Central Bank expects economy to rebound from second half of 2020. Jun 10, 2020 710
Bank of America acquires 1.51% stake in Emirates NBD. Jun 9, 2020 153
Impact investing: Deploying capital to do good and reap returns. Jun 8, 2020 2391
Emerging form shadow of COVID-19: UAE PMI data shows signs of economic recovery in May. Jun 3, 2020 511
Emerging from shadow of COVID-19: UAE PMI data shows signs of economic recovery in May. Jun 3, 2020 511
RAK Ceramics reports Dh30.2 million Q1 net profit. Financial report Jun 3, 2020 500
Abu Dhabi completes a $3b bond issue demonstrating strong investor confidence. Jun 3, 2020 488
Abu Dhabi retains its top credit ratings with stable outlook. May 30, 2020 634
COVID-19 impact: Saudi banks' credit profiles to weaken. May 23, 2020 532
Saudi Islamic banks' financial metrics sound, says Fitch Ratings. May 20, 2020 513
Investment Corporation of Dubai reports Dh25 billion net profit, up 16.9% year on year in 2019. Financial report May 20, 2020 373
Oil production cut to deepen GCC fiscal deficits. May 13, 2020 757
UAE scores high in World Economic Forum's Energy Transition Index 2020. May 13, 2020 703
UAE banks disclose Dh412 million exposure to Phoenix and associate firms. May 13, 2020 281
Abu Dhabi statistics points to sable economic growth in 2019. May 13, 2020 467
Abu Dhabi statistics points to stable economic growth in 2019. May 13, 2020 467
Abu Dhabi statistics point to stable economic growth in 2019. May 13, 2020 467
UAE Central Bank, ADGM to host fintech event in November. May 11, 2020 380
DFSA takes regulatory action against two firms and three individuals. May 11, 2020 554
Emirates Group records full year profit of Dh1.7 billion. Financial report May 10, 2020 782
Emirates SkyCargo and dnata deliver strong performance. May 10, 2020 866
Abu Dhabi Islamic Bank reports Dh269.7m first quarter net profit. Financial report May 10, 2020 586
UAE-based Growmore Group acquires Lithuanian bank. May 9, 2020 465
COVID-19 impact: NRIs get tax residency status relief. May 9, 2020 672
COVID-19 relief: UAE have drawn down 75% of Dh50b funding programme. May 7, 2020 554
Withstanding COVID-19: Dubai's external trade reaches Dh323b in Q1 2020. May 6, 2020 683
UAE launches initiative for global legislative framework for Islamic Finance. May 6, 2020 596
Post COVID-19: UAE banking sector remains resilient to global challenges. May 5, 2020 949
RAKBank reports Dh153.5m first quarter 2020 net profit. Financial report May 3, 2020 580
COVID-19 impact: Dubai South offers economic stimulus package. May 3, 2020 557
Higher Shariah Authority at Central Bank issues guidelines for COVID-19 relief. May 3, 2020 451
COVID-19 relief: Dubai South offers economic stimulus package. May 3, 2020 566
Dubai Islamic Bank posts Dh1.1b first quarter net profit. Financial report Apr 30, 2020 535
COVID-19 impact: UAE bank profits come under pressure. Apr 29, 2020 1043
NBF reports Dh75 million first quarter 2020 net profit. Financial report Apr 29, 2020 584
FAB reports Dh2.4b net profit in first quarter 2020. Financial report Apr 27, 2020 519
COVID-19 exacerbates challenges for GCC insurers' profitability and capitalisation. Apr 26, 2020 606
COVID-19 response: DIFC announces Presidential Directive to protect firms, employees. Apr 26, 2020 791
DAFZA launches incentive package for free zone companies. Apr 26, 2020 668
COVID-19 response: UAE banks use 60% of funds under central bank liquidity facility. Apr 25, 2020 454
DFSA fines La Tresorerie Dh2.25b for illegal cash services and regulatory failings. Apr 23, 2020 575
DFSA fines La Tresorerie Dh2.25m for illegal cash services, regulatory failings. Apr 23, 2020 554
COVID-19 impact: Preserving demand and jobs key to UAE's economic recovery. Apr 23, 2020 495
Dana Gas seeks demerger of upstream and midstream businesses. Apr 22, 2020 332
Commercial Bank of Dubai reports Dh315m first quarter net profit. Financial report Apr 22, 2020 523
COVID-19 response: UAE extends deadline for VAT filings to May 28. Apr 21, 2020 372
Emirates NBD reports Dh2.1 billion net profits in Q1 2020. Financial report Apr 20, 2020 660
Emirates NBD reports Dh2.1 billion net profit in Q1-2020. Financial report Apr 20, 2020 618
Emirates Islamic reports Dh155 million Q1 net profit. Financial report Apr 20, 2020 280
Abu Dhabi issues $7b multi-tranche bonds. Apr 19, 2020 487
Central Bank of UAE monitors banks' utilisation of Targeted Economic Support Scheme. Apr 19, 2020 648
COVID-19 response: Relaxations in IFRS 9 give UAE banks more flexibility to support creditors. Apr 18, 2020 1164
COVID-19 impact: Central Bank prohibits termination of Emirati bank employees. Apr 17, 2020 287
Mashreq posts Dh450 million net profit in Q1 2020. Financial report Apr 16, 2020 466
UAE's Mashreq posts Dh450 million net profit in Q1-2020. Financial report Apr 16, 2020 441
COVID-19, low oil prices to bring down Saudi fiscal revenues by 30%. Financial report Apr 15, 2020 715
COVID-19, oil prices : A double whammy for Middle East oil exporters, says IMF. Apr 15, 2020 920
A perfect storm for Middle East oil importing countries: IMF. Apr 15, 2020 447
UAE banking sector joins hands with law enforcement agencies to fight fraud. Apr 14, 2020 745
COVID-19 impact: IMF forecasts negative real GDP growth for GCC in 2020. Apr 14, 2020 1028
UAE banking sector joins law enforcement agencies to fight fraud. Apr 14, 2020 645
Federal Tax Authority extends tax period for excise tax registrants. Apr 14, 2020 396
COVID-19: UAE Central Bank wants banks to speed up stimulus relief. Apr 13, 2020 491
UAE banking sector fully geared to support the economy: Al Ghurair. Apr 12, 2020 946
UAE banking sector better prepared to withstand COVID-19 impact. Apr 11, 2020 790
UAE's relief for banks will soften COVID-19 impact on economy. Apr 8, 2020 903
COVID-19 relief: Dubai Financial Services Authority offers to support DIFC financial community. Apr 8, 2020 518
UAE's banking sector is resilient to overcome COVID-19 impact: Mashreq CEO. Apr 8, 2020 822
UAE banks' total exposure to NMC Group, associates to exceed Dh10 billion. Apr 6, 2020 1104
COVID 19 fight: UAE banks ready to meet challenges. Apr 6, 2020 749
UAE Central Bank reduces reserves requirement for demand deposits by 50 per cent. Apr 5, 2020 714
Dubai Islamic Bank discloses Dh1.55 billion exposure to NMC. Apr 5, 2020 593
COVID-19 fight: Movement restrictions should not worry UAE bank customers. Apr 5, 2020 788

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