Lesha Bank reports QAR 44.7 million profit in the first half of 2023
Lesha Bank LLC (Public) (the “Bank” or ’Lesha Bank’) today announced its financial performance for the six-month period ending on…
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Dubai's Emaar first-half profit surges 15% on higher sales
Emaar Properties, Dubai's largest listed developer, reported a 15 per cent surge in its first-half profit amid higher property sales.…
SHUAA Capital delivers strong profitability in the first half of 2023
United Arab Emirates: SHUAA Capital psc has announced its H1 2023 financial results. Net profit attributable to shareholders was AED…
ADIB achieves strong growth with over £100mln in UK commercial real estate financing in the first half of the year
Abu Dhabi Islamic Bank has continued to grow its UK commercial real estate financing portfolio with over £100m in new…
CBUAE revokes licence of money exchange firm
The Central Bank of the UAE has revoked the licence of Dirham Exchange, an exchange house operating in the UAE,…
Zain Group reports net profit of 14% for Q2 2023
Zain Group, operating in seven markets across the Middle East and Africa, announced its consolidated financial results for Q2 and…
AmiViz and Darktrace announce cybersecurity partnership
AmiViz has announced a partnership with Darktrace, a global leader in cyber security artificial intelligence for the Middle East and…
Bybit unveils wealth management product
Bybit has announce the launch of its Wealth Management product. Designed to cater to the needs of discerning investors, Bybit's…
Saudi Arabia drives MENA IPO activity with $900m proceeds in Q2: EY report
Saudi Arabia continues to drive the initial public offering activity in the Middle East and North Africa, with 11 of…
Takaful Oman stays committed to sustained growth; records rise in profit and turnover
Takaful Oman Insurance rooted in the power of visionary leadership, strategic realignment, and operational optimisation, has showcased remarkable business transformation…
Qatar's Islamic insurance sector GCC's 'most profitable' market in 2022: S&P
Qatar's takaful (Islamic insurance) sector remained the GCC's most profitable market, with insurers reporting an average combined loss and expense…
Bahrain's NBB posts 4% rise in H1 net profit to $108mln
National Bank of Bahrain has reported 4% increase in net profit attributable to shareholders to BHD40.8 million ($108.2 million) in…