Browsing: Financial

In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024 More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry Wio;s robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy Abu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance i

Banks operating in the United Arab Emirates confirmed on Tuesday that all operational activities remain normal and More…

Dialogue is part of an executive plan to activate MoU signed between the two countries. Younis Haji AlKhoori: The dialogue is a strategic step towards bolstering relations and establishing an integrated model for sustainable cooperation. Yusuf Abdulla Alhumood: Bahrain is committed to strengthening cooperation and partnership with the UAE and advancing collaboration to the next level across various fields Dubai, 07 February 2026 The UAE has hosted its first Strategic Financial Dialogue with the Kingdom of Bahrain as part of the executive plan to activate the memorandum of understanding (MoU) signed between the two countries.

Dubai, UAE, 12th December, 2025: The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, today confirms that Mohammed Ben Sulayem has been re-elected as President of the FIA, following the election of his Presidential List by the General Assembly in Tashkent, Republic of Uzbekistan. President Mohammed Ben Sulayem now begins his second four-year term, having overseen a period of significant renewal and stabilisation for the organisation since his initial election in 2021. Over the past four years, the FIA has undergone a wide-ranging tran

Third quarter total revenue of $1,229.8 million, up 4.4% year over year as reported and 4.2% in constant currency Third quarter Enterprise revenue of $741.4 million, up 6.1% year over year Third quarter GAAP operating margin of 25.2% and non-GAAP operating margin of 41.2% Third quarter operating cash flow of $629.3 million, up 30.2% year over year Third quarter operating cash flow margin of 51.2% and free cash flow margin of 50.0% Third quarter GAAP EPS of $2.01, up 204.5% year over year, and non-GAAP EPS of $1.52, up 10.1% year over year Number of customers contributing more than $100,000 in trailing 12 months revenue up 9.2%

Initiative organised in partnership with local and international institutions The programme enables youth to gain practical experience in the government financial system. H.E. Younis Haji AlKhoori: We are committed to developing a generation of financial leaders capable of translating theoretical knowledge into actions. Dubai, November 24, 2025 The Ministry of Finance (MoF) concluded the “Field Visits to Financial Institutions” programme, held under the “Leaders of Finance” initiative in cooperation with several local finance departments, international financial institutions, and in partnership with the Federal You