02/01/2022
Mashreq Bank is latest UAE bank to confirm a Dh1b profit for 2021
Mashreq builds on gains from core categories as well as a drop in impairment costs
02/01/2022
National Bank of Fujairah launches new account for SMEs, startups
The solution aims to extend the benefits of digital banking solutions to entrepreneurs
02/01/2022
Doha Bank signs MoU with Karty to empower financial entrepreneurship, innovation in Qatar
With the support of major public and private sector players in Qatar, including the Qatar Financial Centre (QFC), Qatar Science and Technology Park (QSTP), and the Digital Incubation Centre (DIC), the startup is now extending its fintech expertise to the
01/31/2022
A rise in net interest income drove profitability despite pandemic-driven uncertainties
01/31/2022
The bank said its net profit rose 34 per cent to $2.5 billion, from $1.9 billion in 2020.
01/31/2022
The consolidation of Oman Arab Bank has materially increased customer deposits and loans by $7.3 billion and $7.5 billion, respectively, it said.
01/28/2022
Transaction to position bank as largest Islamic lender in Gulf state
01/28/2022
On the other hand, corporate payments in the corporate sector have experienced significant growth
01/28/2022
The bank also forecast 8.2% inflation for the end of 2023 and a return to its official target of 5% a year later.
01/27/2022
Dubai largest bank say net profits jumped in 2021 as economy rebounded
"Emirates NBD continued financing the real economy and was rewarded as economic growth rebounded, helped by government economic stimulus packages."
01/27/2022
Earnings driven by economic recovery, positive momentum in core businesses
01/27/2022
Despite the challenges posed by COVID-19 pandemic, QNB has continued on its impressive growth trajectory. It has posted net profit of QR13.2bn ($3.6bn) for the year ended December 31, 2021.
01/26/2022
Qatar banks' total assets increase 8.6% to QR1.827tn in 2021: QNB Financial Services
Deposits gain last month was mainly due to an increase in public sector deposits by 1.9%.
01/26/2022
Emirates NBD's 2021 profit up 34%, says in better shape for higher rates
Emirates NBD posted a net profit of $2.53bln in 2021
01/26/2022
NBK reports net profit of KD 362.2mln for FY 2021
NBK delivered strong financial results despite the continued challenges posed by the pandemic on operations
01/25/2022
NBF's resilient and robust performance exhibited a substantial rebound to profitability
01/25/2022
British bank will open another branch in Alexandria next year
01/25/2022
Credit agencies affirmed that QIIB is one of the leading Islamic financial institutions in Qatar, generating decent profit margins, handling high quality assets, enjoying a high level of liquidity along with capital adequacy.
01/20/2022
Operating profit for the Group increased by 15.3 percent to QR3,621.1m for the year ended December 31, 2021, compared with QR3,140.8m achieved in the same period in 2020.
01/20/2022
The bank received a total score of 65, surpassing 44 regional banks, making it part of the top 16% Banking Services Companies.