Qatar banks record quarterly rise of 6.2% in net interest income
The aggregate net interest income reported by banks listed in the Gulf Cooperation Council (GCC) reached a new record high…
Financial Results
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Big Gulf banks buck global trend as lending income growth continues
The largest banks in the Gulf Cooperation Council further grew their third-quarter main lending income year over year, defying a…
Qatar's Central Bank Assets Grow by 4 Percent
Qatar Central Bank's assets increased during the month of October to nearly 4% year-on-year, compared to the same month of…
Amlak Q3 net profit plummets over five-fold to $14.4mln
Amlak Finance’s third-quarter (Q3) net profit plummeted over five-fold to AED53 million ($14.4 million) as compared to a Q3 2023…
Boursa Kuwait records a 14.50 percent increase in its net profit for the period ended 30 September 2024
Al-Humaidhi: Boursa Kuwait’s strong financial performance underscores our unwavering pledge to delivering shareholder value and strengthens our position among emerging…
QIC Group net profit surges 16% to QR525m
Qatar Insurance Company, the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported a net…
Mashreq's 9M 2024 profit before tax rises 9% YoY to AED 6.5bln, reflecting strong business activity in a healthy business environment
Increased operational activities drives revenue growth: Net Interest Income (NII) increased by 13% year-on-year, propelled by sizable balance sheet expansion…
CBI reports record net profit before tax of AED 254mln, up 81%
Commercial Bank International PJSC has announced exceptionally strong financial results for the period ended 30 September 2024, underscoring the Bank’s…
Abu Dhabi Commercial Bank's 2024 9-month net profit at Dh6.8b
The Abu Dhabi Commercial Bank rang in a strong 30% growth in profit before tax for the first nine months…
Dukhan Bank reports a net profit of QAR 1.14bln for the nine-month period ended 30 September 2024
Group’s total assets reached QAR 116.7 billion, a highest level achieved in the Bank’s history Robust CAR of 17.4%, well…
Total assets of commercial banks up 6.8% to QR2 trillion in August
The total assets of commercial banks operating in Qatar increased by 6.8 percent to QR2 trillion in August 2024 according…
Oman’s broad money supply surges 13.3%
An increase in Oman’s narrow money led the country’s broad capital supply to grow 13.3 percent year-on-year to reach 24.2…