NBB records 1.8% increase in net profits for the first nine months of 2019.
National Bank of Bahrain has reported a 1.8% increase in its net profits to BHD 56.0 million (US 148.9 million)…
Financial Results
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Noor Bank's profit rises 12% to AED 595 million
Noor Bank has announced its financial results for the period ending September 30 2019, recording a net profit of AED…
Alinma Bank sustains growth in all activities
Alinma Bank has recorded net profit of SR2,251 million before Zakat during the nine months of 2019 compared to SR1,856…
Burgan Bank posts strong earnings with Q3’19 net income of KD 22.7m
Burgan Bank has announced its Q3 2019 financial results, highlighting strong net income of KD 22.7 million for the third…
Islamic finance corporation to diversify investment portfolio in Egypt
The CEO of the International Islamic Trade Finance Corporation (ITFC) Hani Salem Sonbol said the ITFC intends to diversify beyond…
DIB’s 9-month net profit crosses Dh4 billion
Dubai Islamic Bank the largest Islamic Bank in the UAE, on Tuesday reported nine-month net profit of Dh4.01 billion, up…
Mideast Stocks: Saudi hits 11-month low as most Gulf markets fall
Saudi Arabia's stock index fell sharply on Tuesday with all its banking shares declining ahead of third-quarter results as expectations…
DIFC posts 45% solid growth in Islamic assets in 12 months
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa, and South Asia (MEASA) region,…
Bank Muscat net profits in nine months
Bank Muscat has announced its preliminary results for the nine months ended on September 30, 2019. The bank posted…
Saudi Arabia ranks third for competitiveness in MENA
King Salman’s Vision 2030 and the economic and social reforms that the Kingdom has implemented in the last few years…
Al Khaliji net profit rises 6% to QR497mn in third quarter
Al Khalij Commercial Bank has posted a net profit of QR497mn at the end of the third quarter, which represents…
DAFZA adds 12 per cent to Dubai’s foreign trade in first half of 2019
The Dubai economic growth is on solid track and is marching ahead. Dubai is a safe haven for local and…