Sharjah Islamic Bank net profit up 36.7% at Dh494.6 million in first half of 2023
Sharjah Islamic Bank announced an increase in its operating profit before provisions by 31 per cent, reaching Dh648.7 million, for…
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Dubai Islamic Bank reports Q2 2023 profit of $436mln
Dubai Islamic Bank has reported a net profit of 1.6 billion dirhams ($436 million) for Q2 2023, up from AED…
United Arab Bank net profit up 45% for first half of 2023
United Arab Bank announced on Monday that it posted a net profit of Dh120.5 million for H1 2023, compared to…
QIIB net profit rises 7.7% to QR615m in H1
Chairman of QIIB Board of Directors, Sheikh Abdullah bin Thani bin Abdullah Al Thani announced QIIB’s financial results for the…
Saudi National Bank’s second-quarter profit jumps more than 9% to $1.3bn
Saudi National Bank, the largest lender in Saudi Arabia by assets, has reported a 9.3 per cent annual jump in…
KFH reports record net profit of KD 333.4m in H1
Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al Marzouq said that KFH has, by the grace of Allah, reported…
Goldman to expand wealth arm in Emea, despite cuts elsewhere
Goldman Sachs is continuing to hire for its private wealth business in Europe, the Middle East and Africa, despite the…
UAE-based Sanctuary launches personalised corporate tax advisory service to companies
Sanctuary, a UAE-based boutique advisory firm, on Tuesday announced the launch of its corporate tax advisory service. By synergising…
QFZ, QDB collaborate to enhance Qatar’s investment climate
Qatar Free Zones Authority (QFZ) and Qatar Development Bank (QDB) announced their cooperation in a new joint initiative to strengthen…
DEWA bolsters commitment to green mobility by joining CharIN
Dubai Electricity and Water Authority has joined the Charging Interface Initiative (CharIN) as a core member, in a move that…
Bahrain’s spirit of innovation, commitment to sustainable development continue even after the pandemic, minister tells Arab News
In the wake of the coronavirus pandemic, Bahrain won wide praise for its successful response, which experts said balanced the…
Abu Dhabi's Multiply Group sees Q2 2023 profit rise to $98.5mln
Abu Dhabi-listed holding company Multiply Group has reported a profit attributable to owners of 362 million dirhams ($98.5 million) for…