Dubai's Union Properties posts net losses of $59.5m
Dubai-based Union Properties on Thursday announced AED218.8 million ($59.5 million) net losses for 2019, blaming bank financing costs and a…
Financial Results
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Dubai Islamic Bank Full Year 2019 Group Financial Results
Net Income grew to AED 9,267 million, up 13% YoY Net Profit at AED 5.1 billion, up by 2% YoY…
67 listed companies on UAE's financial markets report $20.57bln in profits during 2019
Consolidated net profits of 67 companies listed on the UAE's financial markets reached AED75.56 billion in 2019, an increase of…
DIB board recommends foreign ownership increase as lender reports rise in full-year profit
The board of Dubai Islamic Bank, the largest Sharia-compliant lender in the UAE, recommended an increase in the foreign ownership…
Bahrain's GFH reports Q4 profit drop as impairment charges climb
GFH Financial Group, a Bahrain-based investment bank, reported a 38.7 per cent drop in its fourth-quarter net profit, dragged down…
CBI maintained a steady AED 111 million net profit in 2019
Commercial Bank International has announced its Q4 2019 and full year 2019 financial results. Q4 2019 and FY 2019…
Bahrain's Bank ABC reports profit drop as costs and credit losses climb
The Arab Banking Corporation, a Manama-listed lender, reported a 4 per cent drop in full-year net income dragged down by…
UAE's CBI reports Dh111 million net profit in 2019
Commercial Bank International (CBI) on Monday reported a net profit of Dh111 million for 2019 compared to Dh223 million reported…
Bank ABC's net profit for 2019 surges to $194m
Bank ABC has announced a net profit of $194 million for the year ended December 31, 2019 with strong underlying…
National Bank of Fujairah PJSC – Operating profit and income up over 8% exhibiting resilient business performance and effective asset and liability management
Operating income at AED 1.7 billion experienced a growth of 8.5%. This was driven by a high level of resilience…
Dubai Islamic Bank Pakistan posts after tax profit of Rs 3.3 billion
Dubai Islamic Bank Pakistan Limited continued excellent performance and its growth trajectory in 2019. The Bank posted profit before…
Dubai DFM's net profit falls by 4%; $54mln cash dividend proposed
The Dubai Financial Market Company saw its net profits dip last year on the back of low trading values. …