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The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q2 2024 net profit of 4.26 billion dirhams ($1.16 billion)
This makes the emirates one of the world’s top destinations for investors seeking to align with the principles of Islam
Despite economic uncertainty, the GCC still managed to outpace last year’s offerings with 24 listings in 2025, compared to the 23 recorded in H1 2024
This is a 149% increase compared to the same period last year
The S&P GCC Composite Index posted a 3% gain during the month, led by equities in Kuwait and Dubai.