Financial Results

Financial Results

Saudi Arabia’s foreign assets rise 5.5 percent to $467.5 billion in June 2024

August 1, 2024

Saudi Arabia’s foreign reserve assets increased by 5.5 percent in June 2024, reaching SAR1.754 trillion ($467.5 billion). This compares to…

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Financial Results

Arab Bank Group's H1 profit surges 25% to $503mln

July 30, 2024

Arab Bank Group has delivered a solid performance for the first half of 2024, with 25% increase in its net…

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Financial Results

Ooredoo Kuwait Group reported a 9% increase in revenue to KWD 346mln in H1 2024

July 22, 2024

National Mobile Telecommunications Company K.S.C.P “Ooredoo” has announced its financial results for the half year ended 30 June 2024:  …

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Financial Results

Masraf Al Rayan reports a net profit of QAR 789mln for H1 2024

July 18, 2024

Total Income net of Finance expense reached QAR 4.3 billion, compared to QAR 3.5 billion for H1 2023; Net financing…

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Financial Results

MENA equity market issuances jump three-fold in H1 2024 to $16.5bln

July 17, 2024

MENA equity and equity-related issuance totalled $16.5 billion during the first half of 2024, almost three-times 2023 levels, and the…

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Financial Results

Saudi Banks Hit Record-Breaking Profits of USD 1.96 Billion

July 11, 2024

The Saudi National Bank has reported a 14-month high in profits. The Central Bank of Saudi also reported that the…

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Financial Results

The Henley Private Wealth Migration Report 2024

June 19, 2024

The UK is expected to see an unprecedented net loss of 9,500 millionaires in 2024 — second only to China…

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Financial Results

Oman’s bank lending up 2.9% in March, deposits jump 12%

June 4, 2024

Total outstanding credit extended by Oman’s banking sector grew by 2.9% year-on-year to reach RO30.8bn at the end of March…

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Financial Results

Bahrain’s GFH Financial posts 13% rise in Q1 2024 net profit to $27.14mln

May 15, 2024

GFH Financial reported a double-digit growth in net profit for the first three months of the year, supported by the…

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Financial Results

Zain Group reports Q1 2024 revenue of $1.5bln

May 14, 2024

Chairman, Mr. Osamah Al Furaih: “The Board continues to work closely with executive management to overcome major socio-economic challenges in…

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Financial Results

United Arab Bank posts 25% rise in Q1 net profit

April 29, 2024

United Arab Bank posted a 25 per cent rise in net profit after tax for the first quarter of 2024…

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Financial Results

ADCB logs 26% net profit growth in Q1 2024

April 26, 2024

Abu Dhabi Commercial Bank PJSC today reported its financial results for the first quarter of 2024 (Q1’24).   ADCB has…

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