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UAE’s 5 largest banks post $10.37bn combined profit in H1, up 7.8%

Arab News: The five largest banks in the UAE reported a combined net profit of 38.1 billion dirhams ($10.37 billion) in the first half of 2026, representing a 7.8 percent year-on-year increase, a...
Arab News: The five largest banks in the UAE reported a combined net profit of 38.1 billion dirhams ($10.37 billion) in the first half of 2026, representing a 7.8 percent year-on-year increase, a...

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Saudi Arabia, UAE cut US Treasury holdings in March

Riyadh – Mubasher: Saudi Arabia and the UAE cut their US Treasury holdings in March by nearly $17 billion as the Iran conflict hit crude exports, their key source of dollar income.
Riyadh – Mubasher: Saudi Arabia and the UAE cut their US Treasury holdings in March by nearly $17 billion as the Iran conflict hit crude exports, their key source of dollar income.

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