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Money Matters

Money Matters latest

Shell company building
July 30th, 2026 - 09:20 GMT
P. Choiaqo

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
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MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026
May 6th, 2026 - 04:17 GMT

MoIAT unlocks AED 18 billion in industrial financing at Make it in the Emirates 2026

Markaz Delivers Joint Seminar on MREF with InvestGB
May 5th, 2026 - 10:23 GMT

Markaz Delivers Joint Seminar on MREF with InvestGB

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery
May 4th, 2026 - 10:02 GMT

Markaz: Kuwait markets rebounded sharply in April, signaling confidence in an economic recovery

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closedAbu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the Pullman London St Pancras. This 50/50 club deal marks the second deal between the two financial institutions, strengthening their presence in the UK real estate market.  The Pullman London St Pancras is a highly r
May 4th, 2026 - 08:34 GMT

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closed

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE
May 4th, 2026 - 07:37 GMT

botim money and Mastercard expand multi-year agreement to broaden eligibility for digital card payments in the UAE

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations
May 3rd, 2026 - 05:42 GMT

8 Years On, Infinite Ahead: BingX Launches $10M Prize Pool and Global Celebrations

VaultsPay and Mastercard Announce Strategic Collaboration to Expand Digital Payments in the UAE
May 3rd, 2026 - 05:38 GMT

VaultsPay and Mastercard Announce Strategic Collaboration to Expand Digital Payments in the UAE

Amid exceptional geopolitical challenges, Boursa Kuwait records a net profit of KD 5.99 million in the first quarter of 2026
May 3rd, 2026 - 05:31 GMT

Amid exceptional geopolitical challenges, Boursa Kuwait records a net profit of KD 5.99 million in the first quarter of 2026

Spirit airlines
May 2nd, 2026 - 12:50 GMT
Osama Ali

Spirit airlines sinks during bankruptcy rescue amid Iran war fallout

ADX hosts region’s first IOP for a U.S.-based ETF, cross-listing the first Shari’ah-compliant and fourth ETF overall from the U.S.
May 1st, 2026 - 03:53 GMT

ADX hosts region’s first IOP for a U.S.-based ETF, cross-listing the first Shari’ah-compliant and fourth ETF overall from the U.S.

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion
May 1st, 2026 - 03:47 GMT

CFI Secures Brazil Central Bank License, Advancing Latin America Expansion

Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

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