#Islamic banks

Oman’s GDP up 4.7% in Q1 2023

Oman’s economy grows 4.7% in Q1, boosted by non-oil activities

The economic growth was boosted by a 4.6 per cent gain in the non-hydrocarbon sector and a 3.5 per cent increase in oil activities.

UAE islamic banks assets

UAE Islamic banks’ Q1 2023 assets up 7.3%

The UAE central bank said Islamic bank’s gross assets increased by 7.31 per cent in Q1 2023, equivalent to Dhs44.3bn

UAE bank investments

UAE bank investments hit a record $149.3bn in March

Month over month, bank investments jumped 1.3 per cent from Dhs541.4bn in February