First Abu Dhabi Bank's profit hit by impairment charges
First Abu Dhabi Bank FAB.AD, the biggest lender in the United Arab Emirates (UAE), reported a 22% drop in quarterly…
Financial Results
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StanChart’s Troubled Loans Top $600 Million on Corporate Woes
Problem loans at some of Standard Chartered Plc’s large clients may top $600 million as a string of corporate scandals…
Qatar banks post more than 9% jump in total assets in March: QCB
The credit line of Qatar's commercial banks, especially for the private sector, appears to be strong, thus helping in a…
The gold price could rise to $3,000 say analysts. Here’s how I’d aim to profit
The price of gold has risen in 2020, so far. Driven by the high level of economic uncertainty associated with…
Al Khaliji posts net profit of QR177mn in Q1
Al Khaliji has reported a flat year-on-year net profit of QR177mn in the first three months of this year. …
Qatar- QIIB's Q1 profit tops QR267mn
QIIB posted a net profit of QR267.1mn in the first quarter, up 0.4% on the same period last year, the…
Masraf Al Rayan posts QR547mn net profit in Q1
Masraf Al Rayan has achieved a net profit of QR547mn in the first quarter of 2020, up 0.5% on the…
UAE telco Du reports 4.8% drop in year-on-year revenues for Q1
Emirates Integrated Telecommunications Company, Du, has announced a 4.8 percent drop in revenues to AED2.99 billion for the first quarter…
Doha Bank Q1 net profit surges 5% to QR324mn
Doha Bank has registered a more than 5% year-on-year increase in net profit to QR324mn at the end of first…
UDC posts QR57mn net profit in Q1
United Development Company, the master developer of The Pearl-Qatar and Gewan Island, has reported a net profit of QR57mn on…
Dubai’s CBD reports weaker first quarter profit on higher provisions
Commercial Bank of Dubai reported a 7 per cent drop in its first-quarter net profit as impairment allowances rose and…
Dubai’s Emirates NBD posts 24% fall in net profit for Q1 2020
Dubai’s Emirates NBD posted a 24 per cent year-on-year (y-o-y) decrease in its first quarter net profit, it announced on…