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اقتصاد سكاي نيوز عربية
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اقتصاد سكاي نيوز عربية

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ECB Maintains Interest Rates

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ECB Maintains Interest Rates

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Aramco and industrial stocks draw liquidity at week's end

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Hormuz escalation halts oil exports
اقتصاد سكاي نيوز عربية

Source: اقتصاد سكاي نيوز عربية

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Dubai Commercial Profit Hits 1.7B Dirhams

Dubai Commercial Profit Hits 1.7B Dirhams

Dubai Commercial Bank achieved a net profit of 1.716 billion dirhams in the first half of 2026, marking a 1.2% increase compared to the same period last year, despite market challenges. The bank demonstrated strong performance supported by a 3.4% growth in loans, reaching 108.2 billion dirhams, and a 2.6% increase in assets, totaling 154.5 billion dirhams. It maintained a strong capital position with a capital adequacy ratio of 14.13%, while its non-performing loan ratio declined to 3.60%. The bank is focused on digital transformation and has achieved good results in innovation and mortgage services, with stable credit ratings from two global rating agencies.

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