Ahli Bank registers net profit growth of 7.7% in 2019
Ahli Bank has announced its unaudited financial results for the year ended 31 December 2019. The bank’s net profit increased…
Financial Results
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Dubai Investments posts $179mln profit in 2019
Dubai Investments has said that its annual net profit increased to Dh657.55 million ($179 million) last year compared to Dh651.43…
Dubai’s CBD reports 20.5% profit increase on higher revenue
Commercial Bank of Dubai reported a 20.5 per cent increase in its full-year net profit for 2019 on the back…
Bank AlJazira profits up 162% in 2019
Bank AlJazira reported an increase in net profit by 161.96% last year, as shown by its annual financial results for…
RAKBank 2019 net profit at Dh1.09b
The National Bank of Ras Al-Khaimah had consolidated net profits of Dh1.09 billion in 2019, up 19.4 per cent (or…
Mashreq reports slight improvement in full-year 2019 net income
Mashreq Bank, the Dubai lender controlled by the Al Ghurair family, reported a slight improvement in its full-year 2019 net…
Dubai Investments' full-year profit edges up on higher operating income
Dubai Investments, a diversified company in which sovereign wealth fund Investment Corporation of Dubai holds a stake, reported a 1…
Bank Muscat board proposes 40% dividend for 2019
The Board of Directors of Bank Muscat, the flagship financial services provider in the Sultanate, has approved the unaudited results…
Arab Bank Group reports a 3.2 per cent increase in 2019 net profits
Jordan’s Arab Bank Group has reported a 3.2 per cent increase in its full-year net profit owing to higher revenues…
Saudi private sector credit continues uptrend
Credit to Saudi Arabia’s private sector rose 7.6 per cent year-on-year (y-o-y) in December 2019, which is the highest growth…
Commercial Bank posts 21% year-on-year jump in net profit to QR2.02bn
The Commercial Bank Group has reported a 21% year-on-year jump in net profit to QR2.02bn in 2019 and suggested a…
Saudi Arabia’s direct investment in Egypt records $69.3M in Q1 of 2019/20
Saudi Arabia’s direct investment in Egypt dropped 43.3 percent during the first quarter (Q1) of fiscal year 2019/2020, recording $69.3…