Fujairah Bank Sets Profit Record

Fujairah National Bank reported a 39% increase in pre-tax net profit, reaching a record 1.3 billion dirhams. Success is driven by sustainable business growth in the region's expanding economy.

Fujairah National Bank achieved its highest ever pre-tax net profit of 1.3 billion dirhams, marking a 39% increase compared to 934 million dirhams in 2024. The bank has demonstrated strong financial growth and solidified its market position.

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2026-01-28T16:24:49+00:00

Gold Prices in Dubai Soar to Record Highs

Gold prices in Dubai hit new records, surpassing 600 dirhams per gram, marking a significant increase since the start of the year. Analysts predict further price hikes in 2026.

Economy Local

2026-01-28T16:22:28+00:00

Record Football Transfer Spending in 2025

In 2025, spending on men's professional football transfers hit a record $13.08 billion, according to FIFA. England was the top spender, investing $3.82 billion. A total of 86,158 international transfers were recorded.

Sport Economy Local

2026-01-28T16:18:52+00:00

Gulf Banking Sectors Show Resilience in 2025

Fitch agency notes significant resilience of banking sectors in emerging markets, especially in Gulf countries, amid geopolitical uncertainty and global economic challenges in 2025.

Economy Politics Local

2026-01-28T16:16:07+00:00

Dubai Insurance Launches First Digital Wallet for Crypto Assets

Dubai Insurance announced the launch of the first-of-its-kind digital wallet for crypto assets. The new solution streamlines the customer interaction process, allowing them to use digital currencies for all insurance operations.